Perficient Digital Transformation

FEBRUARY 15, 2024

The NYSDFS Part 500 amendments signal a crucial shift in the financial services regulatory landscape and underscore the importance of robust governance, risk management, and compliance frameworks.

Inventory Management 52

Inventory Management Regulations Banking Government 52

Perficient Digital Transformation

FEBRUARY 15, 2024

These DFS500 amendments signal a crucial shift in the regulatory landscape, emphasizing the imperative for robust governance, risk management, and compliance frameworks across the financial industry.

Inventory Management 52

Inventory Management Regulations Banking Government 52

Everest Group

OCTOBER 31, 2023

While the risks emanating from generative AI usage are notable, its benefits are too significant for enterprises to ignore. Consequently, enterprises that can leverage generative AI’s strengths while effectively mitigating its risks will outperform their peers.

Risk Management 64

Risk Management Risk Management Government Management 64

IBM Services

MARCH 20, 2024

This is evident from emerging regulatory requirements and expectations in UK (Bank of England’s Critical Third-Party regime), Europe (Digital Operational Resilience Act)), Australia (APRA CPS-230 Operational Risk Management) and Canada (OSFI – Operational Resilience and Operational Risk Management), etc.

Cybersecurity 78

Cybersecurity Regulations Banking Risk Management 78

3Pillar Global

JANUARY 4, 2024

Growing revenue and reducing costs remains a top priority for healthcare organizations in 2024. So for healthcare professionals who are truly prioritizing revenue cycle optimization in 2024 and still use legacy systems, platform modernization must be a top priority. These hidden costs add up quickly.

Healthcare 52

Healthcare Reduced Costs Automation Administrative 52

Everest Group

APRIL 16, 2024

in January 2024), eroding the value of the peso and crippling economic activity. Financial implications During the transition to a dollarized economy, global companies may face challenges in hedging due to foreign exchange fluctuations, necessitating careful currency risk management and financial strategy adaptation to maintain profitability.

Banking 64

Banking Government Jobbing Risk Management 64

Perficient Digital Transformation

JANUARY 3, 2024

Without action, this temporary relief would have expired on June 30, 2024, and would have significantly impacted the industry due to an estimated 75% increase in residential non-branch locations between December 2019 and December 2022. What’s New? Reduction in inspection frequency from annually to every three years. Contact us today!

Service 52

Service Regulations Flexibility Risk Management 52

Everest Group

FEBRUARY 26, 2024

Operationally, underwriting, efficiency, risk management, and compliance enhancements will drive data and technology investments. Join this webinar to hear our analysts discuss Global Services Lessons Learned in 2023 and Top Trends to Know for 2024. We are closely watching the market and regulatory actions.

Banking 59

Banking Risk Management Risk Management Marketing 59

IBM Services

MARCH 4, 2024

In 2024, companies confront significant disruption, requiring them to redefine labor productivity to prevent unrealized revenue, safeguard the software supply chain from attacks, and embed sustainability into operations to maintain competitiveness.

Government 104

Government Co-Sourcing Engineering Risk Management 104

Vilmate

JANUARY 11, 2024

We’ll explore the topics experts discussed at key IT conferences and try to understand what to expect in 2024. Web Summit 2024 will be even more extensive and exciting. As for what to expect from Apple WWDC in 2024, we can only make educated guesses. In 2024 , we anticipate even more exciting innovations!

Cybersecurity 52

Cybersecurity Healthcare Analytics Design 52

IBM Services

SEPTEMBER 15, 2023

For the first wave of companies affected, sustainability reports will be required as soon as fiscal year 2024. These requirements will likely mandate publicly traded companies to disclose their greenhouse gas (GHG) emissions footprint, climate-related goals, and progress, as well as climate-risk related financial impact and expenditures.

Regulations 77

Regulations Analytics Government Automation 77

Everest Group

NOVEMBER 28, 2023

Don’t miss our annual webinar, Key Issues 2024: Creating Accelerated Value in a Dynamic World , to learn the major concerns, expectations, and trends for 2024. To discuss this topic further, please reach out to Vanshika.notani@everestgrp.com and Vigitesh.tewary@everestgrp.com.

Insurance 59

Insurance Service Co-Sourcing Analytics 59

Everest Group

NOVEMBER 15, 2023

We also observed the scope is expanding into adjacent and/or non-traditional areas such as risk management and compliance and environmental, social, and governance (ESG). While most of these contracts remain operational with transactional/tactical processes, outsourcing complex and upstream work has increased.

Outsourcing 59

Outsourcing Government Banking Service 59

IBM Services

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. ESG Regulations in 2024: Everything you need to know (link resides outside ibm.com).

Regulations 83

Regulations Right-Sizing Government Accounting 83

AS White Global

JULY 7, 2022

In the “State of Cybersecurity Resilience 2021” report, it is estimated that the cost of data breaches will further increase from $3 trillion annually to more than $5 trillion in 2024. An asset to business continuity and risk management.

Offshoring 52

Offshoring Service Cybersecurity Human Resources 52

Capgemini

JANUARY 19, 2023

How can risk management cope with startups? For a large corporation, adopting startup solutions at scale into the organization comes with a clear cultural shift and, specifically, it needs to overcome its intrinsic risk aversion. trillion dollars by 2024, creating 4.2

Collaborations 52

Collaborations Sourcing Marketing Finance 52

IBM Services

FEBRUARY 8, 2024

The European Parliament reached a provisional agreement on the EU AI Act in December 2023, it is now making its way through the final phases of the legislative process and is expected to rollout in stages in the second half of 2024. Risk management – preset risk thresholds, and proactively detect and mitigate AI model risks.

Government 78

Government Regulations Risk Management Risk Management 78

Everest Group

FEBRUARY 22, 2024

DORA framework DORA establishes a comprehensive framework for managing digital operational resilience across the financial sector. DORA focuses on five strategic pillars centered around data: risk management, third-party risk management, incident reporting, information sharing, and digital operational resilience testing.

Regulations 59

Regulations Cybersecurity Risk Management Risk Management 59

Planergy Software

AUGUST 18, 2022

Bureau of Labor Statistics has estimated that jobs such as financial analysts will grow by 12% through 2024, with finance jobs growing rapidly in both Europe and Asia as well. Financial planners also assist clients with insurance planning for proper risk management. Even better, the U.S.

Finance 52

Finance Banking Accounting Insurance 52

Magellan Solutions

FEBRUARY 1, 2018

billion by 2024, according to a report by business consulting firm Grand View Research, Inc. Consider the inherent risks, especially one that involves confidentiality. Make sure that the LPO provider follows the required security and risk management protocols. In fact, it is even projected to grow up to $27.19

Offshoring 49

Offshoring Outsourcing Legal Services Marketing 49

IBM Services

APRIL 11, 2024

EU Parliament’s approval of the EU AI Act (March 2024) The EU AI Act aims to harmonize rules on AI systems across 27 member states to protect fundamental rights, democracy, the rule of law and environmental sustainability from high-risk AI, while boosting innovation and establishing Europe as a leader in the field.

Banking 62

Banking Regulations Accounting Flexibility 62

Future of Sourcing

MAY 23, 2023

By 2024, hundreds of companies working out of Europe’s major ports must comply with fundamental security measures and cyber incident reporting requirements largely for the first time. Business leaders looking to improve their third-party risk management strategies should: 1.

Cybersecurity 52

Cybersecurity Risk Management Risk Management Pharmaceuticals 52

IBM Services

APRIL 3, 2024

On March 6, 2024, the US Securities and Exchange Commission (SEC) adopted rules to enhance and standardize climate-related disclosures by public companies and in public offerings. The commission’s adoption of the rules is two years in the making.

Regulations 56

Regulations Risk Management Risk Management Management 56

IBM Services

APRIL 21, 2023

The Corporate Sustainability Reporting Directive (CSRD) reached a provisional political agreement in June 2022, signaling it will take effect in January 2024 for all relevant companies. Companies that are already subject to the NFRD will need to report on 2024 data (reporting year 2025). CSRD on track to enter into force in 2024.

Regulations 44

Regulations Government Advisory Management 44

Perficient Digital Transformation

APRIL 18, 2024

Without open banking, consumers struggle to switch between bank deposit and lending offerings.

Banking 52

Banking Regulations Retail Accounting 52

IBM Services

FEBRUARY 22, 2024

Co-chair Trusted AI committee Linux Foundation AI Contributed to the NIST AI Risk Management Framework; engage with NIST in the area of AI metrics, standards, and testing Curating responsible AI is a multifaceted challenge because it demands that human values be reliably and consistently reflected in our technology.

Co-Sourcing 99

Co-Sourcing Government Design Accounting 99

Obobo

MARCH 19, 2023

With the rise of technology, companies are turning to contract management systems (CMS) to automate their contractual processes. Expertise and Experience: According to Gartner, “by 2024, 90% of contracting will be aided by AI, up from 50% today.” Contract management systems can help you stay on top of things.

Management 40

Management Automation Out-Tasking Administrative 40

SirionLabs

NOVEMBER 30, 2021

According to Gartner, AI-powered solutions will reduce manual contract review effort by 50% by 2024. An additional benefit to automated legal review is better risk management. Using CLM software, businesses can enable AI-led legal review to minimize risk exposure and accelerate negotiations.

Management 52

Management Collaborations Risk Management Risk Management 52

IBM Services

JANUARY 30, 2024

billion in 2024, up from $563.6 Build a zero-trust security approach According to a recent IBM IBV study , the average organization uses more than eight to nine cloud infrastructure environments at any given time, increasing the risk of security threats from bad actors and putting sensitive data at risk. to total $678.8

Regulations 98

Regulations Flexibility Automation Healthcare 98

Capgemini

MARCH 28, 2024

Why data may be the missing piece in your climate risk management strategy Franco Amalfi Mar 13, 2024 Facebook Linkedin Climate risks will always be a reality, but businesses now have the tools they need to monitor and predict problems and build plans for addressing them Climate risks are intensifying.

Risk Management 52

Risk Management Risk Management Management Regulations 52

Capgemini

NOVEMBER 22, 2023

The authorities will seek feedback from the public on technical standards and measures – such as the monitoring, detection and notification of market abuse, record keeping, sustainability indicators and governance – before they’re implemented in 2024. MiCA – What Is It and What’s in Scope? Send Thank you for reaching out. Please try again.

Regulations 52

Regulations Banking Advisory Government 52

Capgemini

NOVEMBER 22, 2023

Model validation verifies that the models used to combat financial crime operate as expected, according to the business uses and objectives for which they were designed; how they are governed; their integration with the risk assessment of the institution; operational and conceptual soundness; and data quality. Send Thank you for reaching out.

Banking 52

Banking Regulations Finance Risk Management 52

Capgemini

APRIL 3, 2024

Auditing ChatGPT – part II Grégoire Martinon, Aymen Mejri, Hadrien Strichard, Alex Marandon, Hao Li Jan 12, 2024 Facebook Linkedin A Survival Issue for LLMs in Europe Large Language Models (LLMs) have been one of the most dominant trends of 2023. Risk management and setting up evaluation protocols.

Regulations 52

Regulations Out-Tasking Research Engineering 52