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A new era of technology enabled financial risk management (Part 1)

Insights on Business

Risk brings rewards. Risk management professionals are comfortable with ideas about growth curves and early versus late investment. Risk management demands a lot of data from many different sources, and traditional database management systems are too slow for the granular analytics needed today.

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A new era of technology enabled financial risk management: Advanced analytics and aggregation

Insights on Business

Explore these ideas in more depth in the IBM white paper A new era of technology-enabled financial risk management. Also see our related blog post, A new era of technology enabled financial risk management. Learn more about IBM regulatory technology at ibm.com/RegTech.

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Treasurers Trust Big Data For Real-Time Risk Assessment

PYMNTS

Risk management is complex territory for many businesses, especially those with complex partnerships, vast supply chains and global footprints. For fund investors, active risk management is of particular importance for treasurers, Hazeltree noted.

Big Data 119
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New NACHA Rule Could Catch Payment Processors, Merchants, FIs Off-Guard

PYMNTS

That implies an ease of use while giving up nothing when it comes to security. The rule change not only could bring more work for financial institutions and payment service providers, but also underscores the effort needed to bring more payments into the digital age with faster speed and more security — all part of that general ideal.

Payments 178
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ICC Says Regulation Limits Trade Finance

PYMNTS

“Clarification and harmonization of regulation are fundamental to mitigating the serious threat that de-risking poses to the financial system,” ICC Director of Finance for Development Olivier Paul said in a statement.

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Why Using Rules Of Thumb To Predict Fraud Is A Fail

PYMNTS

The firm’s latest movement in real-time fraud analysis comes as the company also offers insight, via a white paper, into “10 Fraud Myths” commonly held by risk professionals. The new offering is built into the Sift Science Digital Trust Platform. In other words, historical data, cogently presented, makes all the difference.

Fraud 159
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How OCC Plans to 'Manage' Fintech Innovation

American Banker

A white paper released Thursday said the agency might issue new guidance on fintech product development, third-party risk management and new products targeting the underbanked; streamline its licensing procedures; and appoint experts on "responsible innovation."