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 …
Tag: Risk analytics
Credit risk measurement technology trends — Deloitte analysis
Online Certificate Course in Market Risk Management
Market volatility, rate shocks, FX swings, and equity downturns can destabilize even the strongest banks. This 10-hour online certificate course in Market Risk Management, offered by Smart Online Course, in partnership with the Risk Management Association of India (RMAI), teaches you Read More …
Axis Finance introduces ABC Scorecards to transform credit risk assessment
Axis Finance has launched its new ABC Scorecards, a data-driven credit evaluation system built in partnership with TransUnion CIBIL, aiming to significantly enhance the precision, speed and reliability of credit risk management across lending operations. The scorecards leverage CIBIL’s advanced Read More …
Implementation gaps weaken India Inc.’s risk mitigation efforts
India Inc. is facing significant vulnerabilities in its enterprise risk management (ERM) practices despite steady improvements in governance frameworks, according to a new industry assessment. While companies across sectors — including BFSI, telecom, manufacturing, and infrastructure — have adopted formal Read More …
Why Threat Modeling Is Now A Critical Business Skill
Concerns about software security have been with us since the early days of modern computing. Within software security, we have used threat modeling as a security activity to analyze meaningful threats and recommend appropriate mitigations. Many of our modern software Read More …
Risk management is the next frontier for AI adoption
Artificial intelligence and machine learning is beginning to blur the boundary between risk management and fraud, but data availability remains a hurdle, says risk provider Provenir’s latest AI survey. AI investments in finance continue to gather steam in 2022, as more Read More …
Risk analytics to the rescue
Cyber security remains a challenge for insurers worldwide, according to Ron Harasym, head of risk analytics, enterprise risk management (ERM) at Protective Life Insurance Company Speaking to Risk.net, Harasym says risk analytics is a challenge across the board whether you’re Read More …