IBM Services

FEBRUARY 8, 2024

Similar to GDPR for privacy, the EU AI Act has potential to set the tone for upcoming AI regulations worldwide. The EU AI Act aims to meet the challenge to develop and deploy AI responsibly across industries including those that are highly regulated such as healthcare, finance and energy. million euros or 1.5%

Government 78

Government Regulations Risk Management Risk Management 78

Everest Group

MARCH 19, 2024

This security trade rule change to shorten the order finalization date by a day is expected to enhance operational efficiencies and reduce risk. Read on to understand how this updated regulation will impact the industry landscape and rapidly transform critical areas. Reach out to discuss the topic with us.

Banking 64

Banking Service Streamline Operations Risk Management 64

IBM Services

OCTOBER 30, 2023

In July 2023, the Securities and Exchange Commission (SEC) voted to adopt new cybersecurity rules and requirements for all market entities to address risks. Among the passed regulations were updated requirements for Form 8-K reporting as well as new guidance for Form 10-K Amendments. million, representing a 15.3% increase from 2020.

Cybersecurity 79

Cybersecurity Regulations Risk Management Risk Management 79

IBM Business Partners

JULY 27, 2023

The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. through 2030. equipment, machinery and infrastructure).

Inventory Management 56

Inventory Management Risk Management Risk Management Regulations 56

IBM Services

APRIL 4, 2024

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Most of these new technologies are born-in-cloud.

Service 59

Service Banking Cybersecurity Regulations 59

Paysquare

APRIL 30, 2024

By implementing AI-powered tools like natural language processing and machine learning algorithms, compliance processes have become manageable, precise, and streamlined, and also save resources and time for both. It revolutionizes traditional processes by automating tasks and enhancing accuracy.

Government 52

Government Payroll Cybersecurity Regulations 52

IBM Services

FEBRUARY 22, 2024

While AI can undoubtedly offer a competitive edge to organizations that effectively leverage its capabilities, we have seen unique concerns from industry to industry and region to region that must be considered—particularly around data. We believe this is particularly important with the rise of generative AI.

Regulations 78

Regulations Cybersecurity Design Banking 78

IBM Services

APRIL 11, 2024

One of the biggest challenges these organizations face is evolving regulations related to payments. To modernize, remain competitive and be compliant with regulations requires organizations to work with a “trusted” technology partner who can help to bring together their traditional payment practices and innovative solutions.

Banking 62

Banking Regulations Accounting Flexibility 62

Everest Group

MAY 21, 2024

Outsourcing is a growing trend in the insurance industry to transform the actuarial function by reducing costs, creating innovation, increasing efficiencies, and filling the talent demand. This growth rate surpasses most occupations, signaling a promising future for those working in the industry. Contact us to learn more.

Insurance 64

Insurance Outsourcing Flexibility Risk Management 64

IBM Services

MAY 9, 2023

There are 3 main reasons why organizations struggle with adopting AI: a lack of confidence in operationalizing AI, challenges around managing risk and reputation, and scaling with growing AI regulations. This solution is designed to include everything needed to develop a consistent transparent model management process.

Government 74

Government Regulations Automation Design 74

IBM Services

JANUARY 30, 2024

Kubernetes , Docker Swarm ) to automate the deployment of apps across on-premises data centers, public cloud, private cloud and edge settings. Referred to as a centralized cloud management platform (CMP), this dynamic, secure multicloud management solution allows IT teams to build, manage, monitor and govern their multicloud ecosystems.

Regulations 98

Regulations Flexibility Automation Healthcare 98

Obobo

JANUARY 12, 2023

What is an Automated Vendor Risk Assessment? Vendor risk management is an important part of any business’s operational processes, and it’s essential for organizations to ensure that their vendors are compliant with industry standards. How to Conduct a Vendor Risk Assessment. – Definition.

Automation 40

Automation Reduced Costs Risk Management Risk Management 40

IBM Services

FEBRUARY 13, 2024

Automate tedious, repetitive tasks. Teamwork: Assemble a team with expertise in AI, data science and your industry. Generative AI use cases Excitement about this new technology has spread quickly throughout various industries and departments. Model matchmaking: Choose a suitable generative AI model for your specific needs.

Out-Tasking 122

Out-Tasking Design Automation Sales 122

IBM Business Partners

MAY 14, 2024

Companies across industries are realizing the need to integrate artificial intelligence (AI) into their core strategies from the top to avoid falling behind. Don’t be afraid to reframe accountability from simply conforming to regulations to stewarding the technology. Just like urban planning, AI is infrastructure.

Government 84

Government Risk Management Risk Management Accounting 84

Amzur

JUNE 7, 2023

Technology and Automation Technology empowers CFOs with data-driven insights that were previously inaccessible or time-consuming to obtain. As per a recent CFO survey on accelerating enterprise transformation, 53% of CFOs say they plan to focus on digital transformation using data analytics, AI, automation, and cloud solutions.

Finance 52

Finance E-Commerce Analytics Risk Management 52

IBM Services

APRIL 20, 2023

Trust is the cornerstone on which the banking industry is built. When consumers lose trust in a bank’s ability to manage risk, the system stops working. To help stay compliant, these organizations need to verify the accuracy and completeness of the data elements used in risk models.

Banking 70

Banking Government Risk Management Risk Management 70

Everest Group

MAY 24, 2023

As the insurance industry undergoes a paradigm shift post-pandemic, digital transformation can improve customer experience and engagement. This industry is undergoing a paradigm shift post-pandemic due to the increased adoption of digital direct-to-consumer (D2C) channels, remote work, and other trends. Read on to learn more.

Insurance 52

Insurance Risk Management Risk Management Analytics 52

Magellan Solutions

AUGUST 6, 2023

AI tools for accountants can automate repetitive tasks, enhance fraud detection, enable predictive modeling, and simplify compliance procedures. We’ll explore how AI tools can benefit the finance and accounting industry. FinChat.io is an AI-powered stock investing analyst platform designed for the finance industry.

Accounting 98

Accounting Finance Data Entry Out-Tasking 98

Everest Group

MARCH 17, 2023

Technology and business process services (BPS) providers can help MGSs reduce costs and increase their digitization and automation intensity. With five key transformation levers described in this blog, MGAs can overcome challenges and unlock a wave of unprecedented sustainable growth. Read on to learn more.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

IBM Services

APRIL 4, 2024

Get the COO’s Pocket Guide to Enterprise-wide Intelligent Automation 3 main types of business process management Integration-centric BPM focuses on processes that don’t require much human involvement. Processes such as contract drafting, negotiation, approval, and execution can also be digitized and automated.

Management 58

Management Automation Out-Tasking Inventory Management 58

NoonDalton

APRIL 29, 2024

The integration of Artificial Intelligence (AI) in accounting and finance is revolutionizing the industry by automating complex processes and enhancing efficiency. By recognizing intricate patterns, AI enables firms to forecast future financial trends and market dynamics, which are crucial for strategic planning and risk management.

Finance 52

Finance Accounting Cybersecurity Data Entry 52

Future of Sourcing

APRIL 7, 2023

In this series, Future of Sourcing is talking to practitioners, technologists and executives to get their insights and expertise on navigating current and future challenges impacting sourcing, procurement, risk and supply chain professionals. The specific requirements and timelines of these regulations will likely be clearer next year.

Redistribution 59

Redistribution Regulations Risk Management Risk Management 59

IBM Services

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. Another way to use strategic sourcing methods to reduce costs is through digital transformation , such as automating manual processes.

Strategic Sourcing 84

Strategic Sourcing Sourcing Supply Chain Management Inventory Management 84

IBM Business Partners

MAY 23, 2023

At the core of our cloud is the IBM Cloud Framework for F inancial Services™ , a comprehensive set of control requirements spanning 7 Focus Areas and 21 Control Families, designed by the industry to help address security requirements and regulatory compliance obligations of financial institutions.

Service 66

Service Administrative Risk Management Risk Management 66

IBM Services

JANUARY 30, 2024

For inspiration, look across industries to uncover examples of data center success. Finance: Optimized for high-speed transactions and can assist in providing robust security, harnessing AI for fraud detection and real-time risk management.

E-Commerce 77

E-Commerce Analytics Manufacturing Flexibility 77

31 West

JANUARY 31, 2023

Improved Compliance and Risk Management As the collected data volume grows, compliance has moved to the top of the list of companies’ priorities. Data Discovery for Compliance Being compliant with privacy laws and other data protection regulations is vital for the survival of a business these days. Let’s go through them here: 1.

Risk Management 130

Risk Management Risk Management Sourcing Regulations 130

Immedus

MAY 3, 2023

Gartner’s 2022 report on global payroll solutions brings to light several key findings about the industry and makes recommendations for customers evaluating a global payroll provider. And also by 2025, 65% of all international payroll operations will be automated with zero manual interventions.

Payroll 52

Payroll Marketing Cybersecurity Robotics Process Automation 52

Offshore India Data Entry

NOVEMBER 16, 2023

Technology and Infrastructure Outsourcing partners will be geared with the latest and advanced automation software specially designed to carry out their processing operations. This enables businesses to save time and attention in managing repetitive tasks. They can easily blend in with the complexity of the tasks without any hassles.

Outsourcing 52

Outsourcing Out-Tasking Regulations BPO 52

Perficient Digital Transformation

JULY 10, 2023

But, as one of the most regulated and notoriously untrusted industries, the financial services industry is among the most vulnerable to being impacted by negative digital media, driving up its vulnerability to reputational risk. However, these reputational risk management (RRM) frameworks are still widely underdeveloped.

Service 40

Service Banking Risk Management Risk Management 40

Avasant

APRIL 8, 2021

Meanwhile, the regulatory environment is increasingly complex, particularly for multinational companies , as they struggle to comply with sometimes conflicting regulations across regions. Risks have changed with a growing cloud environment and increasingly diverse IT service portfolio.

Service 52

Service Regulations Risk Management Risk Management 52

Paysquare

SEPTEMBER 4, 2023

In between these important activities, it not possible for the HR team to manually calculate payroll, dispatch salaries, and manage deductions. Even regulations and laws are modified and incorporating these changing rules in your payroll structure is complicated. We have discussed 5 of these common payroll challenges below.

Payroll 95

Payroll Out-Tasking Managed Services Regulations 95

IBM Services

MARCH 4, 2024

For instance, when automating password change requests, do you need a 175 billion parameter public foundation model, a fine-tuned smaller model, or AI orchestration to call APIs? Financial/criminal: Violations of existing and emerging data and AI regulations. When should you prompt-tune or fine-tune?

Government 104

Government Co-Sourcing Engineering Risk Management 104

IBM Services

JANUARY 16, 2024

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape.

Service 51

Service Banking Risk Management Risk Management 51

Infosys Consulting

MAY 22, 2023

Is the time for fully automated sanction screening solutions arrived? The complexity of international sanctions The complexity of international sanctions regulation has been continuously increasing over time. He is a certified AML officer and has a risk management certification from the Goethe Business School – Frankfurt University.

E-Commerce 52

E-Commerce Data Entry Administrative Banking 52

Capgemini

NOVEMBER 22, 2023

For risk wary banks, VASPs with strong financial crime compliance (“FCC”) programs are among the most appealing customers in the cryptocurrency industry. Automated transaction monitoring systems alerting for potential money laundering and sanctions screening systems are only useful if they operate properly. Ongoing Monitoring.

Banking 52

Banking Regulations Finance Risk Management 52

Paysquare

MAY 27, 2023

An EOR can take on the employer responsibilities for a company, managing all aspects of migration, joining and on-boarding, benefits administration, payroll management, compliance and risk management, employee query resolution, and exit management.

Management 52

Management Payroll Administrative Regulations 52

Automation Anywhere

MAY 18, 2022

FortressIQ is now part of Automation Anywhere, and its offering is now our process intelligence product FortressIQ The Covid-19 pandemic has exacerbated operational risks while increasing economic and business uncertainty. In addition, cyber threats (ransomware attacks, phishing, etc.)

Service 90

Service External Service Provider Out-Tasking Cybersecurity 90