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A New Reality For Supplier Risk Management

PYMNTS

Supplier risk management is often a resource-intensive practice and rarely a target of technological investments. As a result, corporates will often let their vendor relationship management processes fall by the wayside. ” A Dramatic Shift. . ” A Dramatic Shift. The New Normal.

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Argos Risk, Gatekeeper Partner For Risk Management Services

PYMNTS

Director Patrick O’Connor said in the release that the partnership with Argos will be good because it will allow for new up-to-date risk analysis for Gatekeeper’s existing clients. Gatekeeper works on automating the onboarding process and offers integration support for hundreds of companies.

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Finance and GenAI: managing risks and adding value

Future CFO

Gerry Chng , Risk Advisory Executive Director at Deloitte Singapore , sees that one of the key uses of Generative AI is the ability to create synthetic data to augment existing data points in a more cost-effective manner, which in turn makes it easier to conduct financial modelling and risk analysis.

Finance 97
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The Real-Time Visibility of Sage Intacct Opens New Doors for Your Family Office

https://trustedcfosolutions.com/feed/

You need the visibility to show your clients how their investments have grown over the years and be able to swiftly manage a diverse portfolio. Investment risk management. Your clients trust you with their assets, so you need to be well-equipped to perform a risk analysis and recognize the impact on their investments.

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Uncertainty Is All Around

Fpanda Club

Various types of uncertainty can be well illustrated by the so-called Rumsfeld matrix widely used in risk analysis and risk management. Unknown knowns These are risks we intentionally ignore and don’t want to acknowledge. In the well-built risk-management system this type of risks should not exist.

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OCC Realigns With Two New Units For Bank Oversight

PYMNTS

The two units will consolidate bank supervision support, risk analysis, and oversight of national trust banks and important service providers. Deputy Comptroller for Supervision Risk Management Bob Phelps has been chosen to run the new unit. . It will support the whole agency and cover issues nationally.

Banking 59
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Reframing financial uncertainty with data and AI

Future CFO

You need constant monitoring of your economic outlook because then you can adjust your risk management strategy that will help you mitigate third-party risks." Everyone else in the company is trying to meet their KPIs, grab whatever they can find on the table, and pretty much have zero already got a risk, right? "I