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6 Reasons Financial Institutions Are Embracing Risk and Regulation Tactics

Perficient Digital Transformation

In the fast-paced realm of finance, the significance of regulatory risk and compliance management practices cannot be overstated. This blog post delves into the pivotal role these practices play in ensuring the stability and success of financial institutions and banks. The Role of Regulatory Risk and Compliance 1.

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The Evolution to Open Finance Offers Promise: Everest Group’s Open Banking Research | Blog

Everest Group

Its next evolution – open finance – holds the promise to greatly enhance the customer experience and empower users of financial services. Greater transparency – Open finance lifts the veil for customers on their financial options, giving them clearer insights into their full financial pictures.

Banking 59
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Navigating the Landscape: The Cost and Benefits of Generative AI Implementation | Blog

Everest Group

Explore the various costs and advantages associated with this technology in this blog, or get in touch to find out more. In the race to get the early advantage, enterprises face challenges as they reallocate funds from other projects and seek to secure new investments to finance new AI and gen AI initiatives.

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How Process Mining Accelerates Efficiency for Highly Regulated, Customer-obsessed Industries

Perficient Digital Transformation

This blog was co-authored by Carl Aridas and Joel Thimsen. In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. Build a reliable risk management strategy using accurate estimations and predictions.

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How to improve your finance operation’s efficiency with generative AI

IBM Business Partners

While you may have learned about generative artificial intelligence (AI), you may not know what it means for the future of Finance and Accounting (F&A). Tailoring to different stakeholders : Financial reports serve various stakeholders, including investors, analysts, regulators and employees. Consider the ethical implications.

Finance 66
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Navigating COP28: Insights on the Evolving Landscape of Sustainability | Blog

Everest Group

In this blog, we bring you insights from Everest Group’s sustainability analysts on their hopes and expectations for this crucial global event. The discussions at COP28 are expected to influence how governments, industry consortia, and businesses approach environmental goals, potentially shaping more streamlined regulations and standards.

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The CFO’s role in the age of generative AI

IBM Business Partners

Read the report: CEO’s guide to AI in finance Unlocking the value CFOs are not expected to be technology experts. The recent IBM Institute for Business Value report CEO’s Guide to Generative AI on Finance report found “success depends on how quickly finance can turn data into actionable insights.”

Finance 76