Operational risk scenario analysis has existed for a long time. Why is it under more scrutiny now? Patrick Naim, Elseware: I wouldn’t describe it as scrutiny so much as more ambitious objectives for ...

Global financial technology leader FIS® today announced the launch of FIS Enterprise Risk Suite on Amazon Web Services (AWS).

Frontier AI could find and exploit hidden software flaws at a speed that banks cannot match. That exposes a gap in ...

The global expansion of AI has elevated data centers to the top of the digital economy. Every model of inference, training ...

Operational visibility is no longer just a security concern; it is becoming fundamental to how data centers operate ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

Atkar: Not necessarily on operational risk. For instance, the recent Basel paper on the treatment of insurance to mitigate operational risks proposes arguably a more complicated approach than ...

Regulators around the world differ in their approach to model risk management (MRM) regulation – including their definitions of what a model is. While some are more prescriptive, others such as the UK ...

The gap between AI and traditional risk modelling is substantial. Traditional models often fall short when dealing with complex, non-linear relationships. In contrast, AI models thrive in detecting ...

CCR said organisations are increasingly facing pressure from boards, investors, lenders, regulators, insurers, and assurance providers to improve the traceability, auditability, and operational ...