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6 Reasons Financial Institutions Are Embracing Risk and Regulation Tactics

Perficient

Legal Obligations and Regulatory Frameworks It is well-known that financial institutions operate within a complex web of laws and regulations. Operational Efficiency and Effectiveness Adopting regulatory risk and compliance practices is not merely a box-ticking exercise. This ensures a seamless and compliant global operation.

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Digital Exercise Brands Get Pumped Up As In-Person Fitness Loses Muscle

PYMNTS

But that national network of body-sculpting palaces is in disarray today, with major chains including Gold’s Gym and 24-Hour Fitness filing for Chapter 11 relief due to the coronavirus pandemic, along with a slew of other operators from privately owned yoga studios to fitness centers.

Exercises 206
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Federal Reserve Releases 2021 CCAR Testing Scenarios

Perficient

The annual exercise evaluates large banks’ resilience by estimating their loan losses and capital levels—which provide a cushion against losses—under hypothetical recession scenarios that extend nine quarters into the future.

Exercises 309
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Lift Off to the Oracle SCM Cloud! – Why Move to Cloud for SCM Enablement?

Perficient

Both operations and IT leadership should incorporate all of these dimensions into their cloud migration evaluation efforts.

Exercises 322
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Why migrate from Informatica PowerCenter to Informatica Intelligent Cloud Services

Perficient

Operating expenses are high for maintenance. It’s important to look at your big picture and perform a quick mapping exercise. Or operational requirements like: Data quality. PwC lacks API management, web services support, data quality, and unstructured and semi-structured data support. For example: Cloud adoption. Master data.

Data 309
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AI Regulations for Financial Services: South Korea and the UK

Perficient

While the Personal Information Protection Act (PIPA) includes provisions related to AI, such as the exercise of data subjects’ rights concerning automated decision-making, comprehensive legislation has yet to be enacted. South Korea In South Korea, efforts to enact the AI framework act have been underway since 2020.

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Citi Wants Revlon Lenders To Return $900M Paid In Error

PYMNTS

Citi executives asked for the money back, saying it was paid inadvertently due to an operational error, sources said. Lenders who sued Revlon were surprised to learn Thursday (Aug. 13) they had been fully repaid on a loan issued in 2016, the sources said. Revlon is involved in a legal dispute with some of its lenders.

Exercises 271