Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
According to research from Deloitte, financial institutions are rethinking their credit risk technology platforms to meet evolving regulatory demands, analytical complexity and the pace of innovation. Legacy systems are increasingly seen as cost‑intensive and less capable of supporting advanced risk Read More …
Banks and financial institutions increasingly rely on AI solutions from third-party vendors and FinTech partners. These collaborations enhance innovation and operational efficiency but also introduce operational, compliance, and reputational risks. Mismanaged AI systems can lead to failures, regulatory breaches, and Read More …
Financial institutions are increasingly re-evaluating the economics of model risk management as Artificial Intelligence, machine learning and advanced analytics become more deeply integrated into banking, insurance and financial services operations. Industry experts note that financial organisations now rely on a Read More …
The Consumer Bankers Association has released recommendations aimed at strengthening third-party risk management practices as financial institutions face increasing reliance on external vendors, technology providers and outsourcing partners. The recommendations emphasise the need for a more risk-based and proportionate approach Read More …
As Artificial Intelligence becomes increasingly embedded in lending operations, industry experts are emphasising that human oversight remains essential to ensure fairness, accountability and responsible credit decision-making. The growing use of AI in banking and financial services has transformed processes such Read More …
The global bank mandate market is witnessing growing expansion driven by rapid digital banking adoption, increasing financial automation, and evolving customer expectations across the banking and financial services industry. Industry experts note that financial institutions are increasingly modernising mandate management Read More …
Ncontracts has introduced Nquiry, an AI-powered regulatory intelligence solution designed to help financial institutions obtain faster and more defensible compliance-related insights. The platform aims to simplify regulatory interpretation and support risk and compliance teams in responding more efficiently to evolving Read More …
Financial institutions are increasingly turning to AI-driven risk intelligence systems to improve their ability to predict systemic shocks and respond more effectively to rapidly evolving market conditions. As financial ecosystems become more interconnected and complex, institutions are adopting advanced technologies Read More …
The Australian Prudential Regulation Authority (APRA) has called for a significant improvement in artificial intelligence risk management practices across the financial sector, highlighting growing concerns around governance, accountability, and operational resilience as AI adoption accelerates. APRA noted that banks, insurers, Read More …
Citigroup highlights that agentic artificial intelligence (AI) is emerging as a transformative force in risk decision-making, enabling systems to act autonomously, adapt dynamically, and support more effective risk management. According to the report, agentic AI goes beyond traditional analytics by Read More …