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 …
Tag: operational resilience
Financial institutions reassess the economics of model risk management
GuidePoint launches supply chain detection and response service
GuidePoint Security has launched a new Supply Chain Detection and Response (SCDR) service aimed at helping organisations identify, monitor and mitigate cybersecurity threats originating from third-party vendors and supply chain partners. The service is designed to address the growing concern Read More …
Risk management becomes critical priority for public sector entities
Risk management is becoming more important than ever for public sector organisations as governments and public institutions face increasing operational, financial, technological and governance challenges in a rapidly changing environment. Experts note that public entities today must navigate a wide Read More …
Banking industry body outlines recommendations for third-party risk management
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 …
Indian securities market software sector enters growth phase
India’s securities market software industry is entering a significant growth phase as financial institutions, brokerages, exchanges, and investment platforms accelerate digital transformation and technology modernisation initiatives. Industry experts note that rising trading activity, regulatory complexity, and increasing demand for real-time Read More …
Jammu & Kashmir emerges as key hub for Himalayan disaster preparedness
Jammu and Kashmir is increasingly emerging as an important reference point for disaster preparedness and resilience planning within the Himalayan region as climate-related disasters and environmental vulnerabilities continue intensifying across mountainous ecosystems. Industry experts note that Himalayan regions face significant Read More …
Carbon risk emerges as growing concern for Indian businesses
Rubix Data Sciences has highlighted carbon risk as an emerging challenge for corporate India as businesses increasingly face pressure to address climate-related risks, sustainability expectations, and evolving environmental regulations. The development reflects growing awareness around the financial and operational impact Read More …
Bank mandate market sees growth amid digital banking expansion
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 …
Bosch India highlights global risks amid cautious outlook
Bosch Limited has highlighted growing global uncertainties and operational risks while outlining a cautious outlook for FY27. The development reflects broader concerns among industrial and manufacturing companies regarding geopolitical tensions, supply chain volatility, economic uncertainty, and evolving technology transitions affecting Read More …
SAI360 launches AI-enabled GRC platform upgrade
SAI360 has launched GRC Elevate 6.0 with embedded artificial intelligence capabilities aimed at modernising governance, risk management, and compliance (GRC) processes for organisations operating in increasingly complex regulatory and operational environments. Industry experts note that organisations globally are facing growing Read More …