The ongoing data deluge in financial services has been quite apparent, and as a result, the criticality and significance of data management and governance needs...
The ongoing data deluge in financial services has been quite apparent, and as a result, the criticality and significance of data management and governance needs no further vindication. Regulators have emphasized and enforced the principles for data management with sufficient rigor. Even outside the regulatory pressure, there has been a realization within organizations on the necessity and new-fangled benefits that they would have with an effective data management program and,...
The ongoing data deluge in financial services has been quite apparent, and as a result, the criticality and significance of data management and governance needs no further vindication. Regulators have...
Know Your Customer (KYC) and Enhanced Due Diligence (EDD) refer to operational tasks carried out by financial institutions in order to mitigate their risk...
Know Your Customer (KYC) and Enhanced Due Diligence (EDD) refer to operational tasks carried out by financial institutions in order to mitigate their risk exposure and to comply with anti-money laundering (AML) and counter-terrorism financing laws and regulations that are promulgated by the various financial regulatory agencies. Know your customer (KYC) is a continuous process and not limited to New/prospect customer who is seeking to open new account. The Customer...
Know Your Customer (KYC) and Enhanced Due Diligence (EDD) refer to operational tasks carried out by financial institutions in order to mitigate their risk exposure and to comply with...
Before I start, let me give you the context and structure of the complete blog series, Big Data: From Hype to Insight, so that you can stay tuned and know what...
Before I start, let me give you the context and structure of the complete blog series, Big Data: From Hype to Insight, so that you can stay tuned and know what to expect next! You must have heard or read about big data in different contexts and at different times; however, the complete and coherent picture is missing – and that’s the objective of this 4 part series addressing the complete ecosystem and putting the pieces of the puzzle together. From Beginner to Enterprise...
Before I start, let me give you the context and structure of the complete blog series, Big Data: From Hype to Insight, so that you can stay tuned and know what to expect next! You must have heard...
by Deepali Dharwadker Afterspending over a couple of decades in Data and Analytics, I am often asked “Whatkind of Analytics are most suitable for my...
by Deepali Dharwadker Afterspending over a couple of decades in Data and Analytics, I am often asked “Whatkind of Analytics are most suitable for my organization?” There are many kindsof Analytics. In this article I will focus on Predictive Analytics in the FraudRisk domain which constitutes the major play in the Analytics world in thissegment. Industrysurvey states that over 70% of BFSI executives believe that Big Data can play akey role in Fraud Prevention and Detection...
by Deepali Dharwadker Afterspending over a couple of decades in Data and Analytics, I am often asked “Whatkind of Analytics are most suitable for my organization?” There are many kindsof Analytics. In...
In her second video blog of the series, Drivers of Compliance in the 21st Century, Saloni Ramakrishna discussed the classes of compliance drivers, Direct and...
In her second video blog of the series, Drivers of Compliance in the 21st Century, Saloni Ramakrishna discussed the classes of compliance drivers, Direct and Indirect, and highlighted the fact that while they are industry and environment driven, what adds real value to the sustainable growth of the organization and can be driven internally is an active compliance management approach. In her third video blog of the series, Ms. Ramakrishna discusses the myths and conflicts...
In her second video blog of the series, Drivers of Compliance in the 21st Century, Saloni Ramakrishna discussed the classes of compliance drivers, Direct and Indirect, and highlighted the fact that...
Chartis, a leading provider of research covering the global market forrisk management technology, recently released the 2016 ChartisRiskTech 100®. Now in...
Chartis, a leading provider of research covering the global market forrisk management technology, recently released the 2016 ChartisRiskTech 100®. Now in its10th year, this report is globally recognized as the mostcomprehensive study of the world’s most significant risk and compliance technologycompanies; Oracle ranked as a category winner in the following categories: Core Technology Risk Data Aggregation & Reporting Geographical sector: Americas In addition, Oracle moved up...
Chartis, a leading provider of research covering the global market forrisk management technology, recently released the 2016 ChartisRiskTech 100®. Now in its10th year, this report is...
In her first video blog post of the Compliance Series, Interesting Shifts in the Compliance Space, Saloni Ramakrishna presented a bird's eye view of the shifts...
In her first video blog post of the Compliance Series, Interesting Shifts in the Compliance Space, Saloni Ramakrishna presented a bird's eye view of the shifts in the compliance landscape. In her second video blog of the series, Ms. Ramakrishna discusses what's driving compliance in the 21st century. The classes of compliance drivers she discusses are: Direct Drivers such as the complexity of the financial services industry, regulatory rigor and intrusive supervision...
In her first video blog post of the Compliance Series, Interesting Shifts in the Compliance Space, Saloni Ramakrishna presented a bird's eye view of the shifts in the compliance landscape. In her...
Introducing Saloni Ramakrishna, Senior Director at Oracle and Author of Enterprise Compliance Management - An Essential Toolkit for Banks & Financial...
Introducing Saloni Ramakrishna, Senior Director at Oracle and Author of Enterprise Compliance Management - An Essential Toolkit for Banks & Financial Institutions, a Wiley publication. She presents a video blog series on Compliance - the theme being that active compliance can be turned into a competitive advantage and a value differentiator. In her first post, Saloni Ramakrishna discusses interesting shifts in the compliance landscape, such as: Preventive interventions by...
Introducing Saloni Ramakrishna, Senior Director at Oracle and Author of Enterprise Compliance Management - An Essential Toolkit for Banks & Financial Institutions, a Wiley publication. She presents a...
Financial Institutions, even large to mid size in nature, maintain model critical information on a silo’d basis and as a natural extension of the same, the...
Financial Institutions, even large to mid size in nature, maintain model critical information on a silo’d basis and as a natural extension of the same, the risks arising from these models are also managed on a silo’d basis. For instance, while retail banking division may maintain the model information in a spreadsheet, wholesale banking quite possibly might have established a more robust solution based approach to capture and maintain model information. Most often, top...
Financial Institutions, even large to mid size in nature, maintain model critical information on a silo’d basis and as a natural extension of the same, the risks arising from these models are...
