Digital transformation In its strategic review for 2018-2020, Lloyds has pledged to make a strategic investment of more than £3 billion, of which more than half has been allocated to "digitising the group". It now defines its business model as "digitised, simple, low risk [and] customer-focused." A key priority is "simplification and progressive modernisation through targeted investment in technology, data, and innovation...
Concerned about the exposures created by exponential increases in data sources and partner vendors? See how banks are unlocking the power and efficiency of AI and big data to steer clear of financial crimes. Today's financial institutions have it tough. Compliance requirements are becoming almost impossibly rigorous. Data is growing exponentially, both in terms of sheer volume and number of sources. Financial crime...
Wondering how to keep up with increasingly difficult regulatory compliance demands? See how banks are using AI and machine learning to streamline processes. Which financial institutions are most likely to thrive and lead in the future? The smart money says it will be the ones that swiftly, successfully adopt and master new technologies. One perfect place this theory is playing out: the increasingly complex regulatory...
Struggling to keep up with the growing regulatory and reputational risks you face? See how adding data for risk management accelerates your workflow. Risk management has never been easy. In recent years, however, the challenge has grown exponentially. The good news? Risk management professionals are gaining visibility and influence. According to a McKinsey survey on behalf of the Federation of European Risk Management...