Oct 21, 2021 Complimentary Webinar: Because traditional model development methods are time-consuming, tedious, and subject to user error and bias, it is important to have a more robust framework for minimizing model risk that delivers compliance with MRM (model risk management) regulations. AI and machine learning can systematically automate fundamental model validation tasks, such as
Oct 21, 2021 Like all businesses during the pandemic, banks and financial institutions are facing numerous challenges — one of the biggest being the increased difficulty in accurately predicting the evolution of their businesses when new patterns and indicators emerge daily in this volatile global market. The good news is that AI can make a
Oct 21, 2021 Financial services organizations are at a unique place and time in their evolution, as the potential for AI grows by the day. Across the highly regulated industry, banking is facing major challenges and must orchestrate a trusted view of data for compliance and operationalization to enhance performance, lower costs, improve scalability and
But probably not with the accelerated schedule that COVID-19, national lockdowns and ongoing restrictions have required. And that has thrown into sharp focus some of the barriers the banking sector faces. The once-pioneering systems on which Banks are built now present significant challenges in achieving digitalisation, developing customer propositions that are fit for purpose and
The European Commission, through its Data Strategy, has set a goal to build a Single Market for Data in Europe – an open data economy. It has also made fostering a data driven financial sector one of its priorities, including a commitment to present a proposal for a new Open Finance Framework by mid-2022. Read
This new context demands agility of traditional FIs’ legacy systems which proves a challenge in and of itself. In efforts to avoid ‘big bang’ or ‘rip and replace’ style transitions for core banking structures, banks are leaning on the services offered by fintechs as a workaround to the new demands being made of them. Read
The role of risk: Real-time forward-looking measurement of climate change and nature loss to address transitional and physical risk. What are the issues and opportunities for risk management working with alternative data to inform credit decisions? How can these decisions be quantified against physical and transition risk? Read More
Finance leaders know they must enable digital transformation across their organizations. The key is to determine which technologies and skills the enterprise needs, and how to get them. Join this complimentary webinar as Gartner experts explore how CFOs should tackle the talent and technology challenges that will determine the success or failure of their digital
Today’s economic uncertainty and rapid external change have finance organizations pushing to accelerate technology and talent development. Most finance leaders have set their transformation agenda around efficiency improvements in the “back office” (e.g., shared services), combined with investment in the analytic and partnership capabilities of the “front office” (e.g., FP&A). However, Gartner identifies several significant
Change has become the new normal for all finance and accounting organizations, and most of the resources dedicated to managing change are spent on large, periodic changes such as a major system upgrade, company relocation, merger, or acquisition. However, the volume of small changes, such as changes in job responsibilities or a new boss, far
CFOs and finance leaders faced an unprecedented health, economic, social, and climate crisis in 2020. Leaders must rethink how they navigate recovery in 2021 as customers and businesses push for digital acceleration. This complimentary webinar explores where and how CFOs and finance leaders plan to address their top three priorities for 2021: advanced data analytics;
Regardless of disruption or prosperity in the future, traditional banks will be challenged by a fundamental shift in the role of data in financial services. This complimentary webinar encourages participants to look beyond existing views of a data-centric bank. You will learn how new forms of data impact demand and supply, and the three capabilities
