On August 1, 2012, Knight Capital Group, then one of the largest market makers in United States equities, lost more than 460 million dollars in roughly 45 minutes. The cause was not a market crash, a fraud, or a cyberattack. Read More …
Tag: technology risk management
Knight Capital Risk Management Case Study: 7 Lessons for Financial Institutions
Vietnam Central Bank Promotes AI Adoption While Strengthening Risk Management
The State Bank of Vietnam (SBV) is encouraging banks and financial institutions to accelerate the adoption of artificial intelligence (AI) while emphasising the need for stronger risk management frameworks to ensure safe and responsible implementation. The approach reflects the growing Read More …