Remove industries compliance-solutions
article thumbnail

Revolutionizing Risk: Exploring Actuarial Outsourcing in Insurance | Blog

Everest Group

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.

article thumbnail

Navigating the Landscape: The Cost and Benefits of Generative AI Implementation | Blog

Everest Group

Generative AI (gen AI) can significantly benefit the BFSI industry. Explore the various costs and advantages associated with this technology in this blog, or get in touch to find out more. Gen AI has recently gained considerable attention in the banking, financial services, and insurance (BFSI) industry.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Decoding the EU AI Act: What it Means for Financial Services Firms | Blog

Everest Group

How will the EU AI Act impact the financial services sector, and how should enterprises and service providers structure their compliance activities? First, they should develop a comprehensive compliance framework to manage AI risks, ensure adherence to the Act, and implement risk mitigation strategies.

Service 64
article thumbnail

New challenges for financial companies, how to solve them? 

Redial

The financial industry’s landscape is constantly evolving, and as we close 2023 and look ahead to 2024, financial companies face a host of new challenges. This blog will delve into the most recent challenges financial companies might encounter this year and beyond and explore potential alternatives to address these challenges.

article thumbnail

Consulting Playbook: Organizational Readiness for Gen AI Adoption | Blog

Everest Group

This should encompass not just the immediate technological requirements but also longer-term industry trends, potential disruptions, and opportunities for innovation. Integrated framework for governance, security, and compliance in gen AI Return on investment (ROI) Understanding the economic impact of gen AI is crucial.

article thumbnail

From Auditors to Providers: Big Four’s Journey into FAO Services | Blog

Everest Group

Geographies such as Latin America (LATAM) and Asia-Pacific (APAC) and industry segments such as retail and CPG , healthcare , and travel and logistics are witnessing a recent surge in FAO demand, indicating increasing openness to leverage third-party support for F&A operations.

Service 64
article thumbnail

Embracing Strategic Business Outcomes in Digital CX: A New Benchmark for Success in CXM Service Delivery | Blog

Everest Group

Delve into this blog to explore the advantages and potential hurdles of adopting a strategic business outcome in CXM. The revolutionary integration of digital CX solutions is significantly transforming customer experience service delivery.

Service 59