data

Can your risk engine keep pace?

As risk management stress tests have become commonplace to avert a crisis where a financial institution does not have the capital to meet their financial commitments, the Basel Committee on Banking Supervision has released a consultative document on stress testing principles and also a range of practices report on supervisory and bank stress testing, both at […]

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A defining moment of exponential impact: Building trust with banking, cloud and AI

Data, data, everywhere, but how in fact to THINK. If you’re the ancient mariner of Samuel Coleridge’s epic poem, then you know this rhyme another way, but if you’re in the banking and finance industry, then the words make total sense. As IBM CEO Ginni Rometty mentioned in her 2018 CEBIT keynote address, it is […]

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Using a big data approach to overcoming banking regulatory requirements

Asset liability management (ALM) and liquidity risk (LR) are top of mind for banks as the pressure from today’s regulatory environment heats up. Interest rate risk in the banking book (IRRBB) guidelines bring ALM analytics much closer to market risk standards and add more scenarios, so banks must dive deeper into the risks embedded in […]

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Are you ready for GDPR?

The countdown clock to GDPR – the General Data Protection Regulation of the European Union (EU) – is being closely followed by business leaders in Europe and around the world as it moves towards its May 25, 2018 deadline. While this harmonized data protection law was designed to give EU citizens more control over their […]

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It’s getting expensive not to be compliant

Banks around the world are continuing to be penalized heavily for their inability to meet with ever-changing and complex financial regulations. Regulatory fines imposed in 2017 alone proved this to us in many ways. For example, financial intelligence regulator Austrac handed gaming giant Tabcorp a fine of AUD 45 M (USD 35 M) for non […]

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