FinTech Finastra has partnered with Green RWA to create a tool that enables banks manage climate risks, including those facing their assets. The Climate-Extended Risk Model (CERM) Sandbox calculates physical and transition risks to its portfolio and loan book as well as its own operations.
Financial services providers spend billions of dollars a year on Know Your Customer (KYC), client onboarding and due diligence. Yet even with vast investment, these processes rarely run smoothly. They also fall short of delivering a good client experience and fail to cut down on financial crime. At the heart of the problem–and solution–is data....
Poor data preparation for artificial intelligence deployments is exposing financial institutions to greater business conduct risks that could cost them as much as US$43 million per year, according to new research. An updated report by business conduct data provider RepRisk found that such AI-related incidents are on the rise as applications are rolled out at...
Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.
In response to the popularity of the A-Team Regulatory Data Handbook, we have published a fifth edition outlining the essentials of regulations that are likely to have an impact on data and data management at your organisation. New to this edition is a section on RegTech, covering drivers behind the development of innovative regulatory technology,...
