A study released today reveals the scale of the battle UK business leaders face when business disruption hits, as a staggering 54 percent admit to suffering from stress-related illnesses and/or damage to their mental well-being in the aftermath of cyberattacks, IT outages or network failures.

The technological revolution in finance means that, rather than being a once in a decade step-change, digital upgrading has become a decade-long process - perhaps even a never-ending one. Because organisations cannot exist in a constant change of flux, finance leaders must take a different approach to staying up to date.

Digital optimisation, as opposed to transformation, ensures companies can stay up to date while maximising the value and benefits of technology.

Video banking technology provides banks with the ability to extend their services to more customers at a lower cost than full-service branches

Another banking touchpoint

According to RBR’s Teller Automation and Branch Transformation 2019 report, which covers 23 key global markets, a number of financial institutions are turning to video banking technology to extend their services, in particular to serve customers in rural areas.

More than a third of companies have adopted some form of AI in the past year, according to an MHR Analytics poll.

The poll revealed 38 per cent of companies have made the leap to AI or machine learning by adding the technology to their analytics approach in the past 12 months.

Almost a fifth (19 per cent) of the 500 professionals polled on Twitter said their company had made ‘significant’ progress with adopting AI, and a further 19 per cent said their company had ‘steadily’ been adding the technology to their analytics strategy.

1) Could you please tell us more about the background of Intertrust?

Intertrust is a global leader in providing expert administrative services to clients operating and investing in the international business environment. We provide services to multinational corporations, financial institutions, fund managers, high net worth individuals and family offices.

Global consulting firm Protiviti has formed a business alliance with leading process software provider Appway to enab

Digital Reasoning, a leader in Artificial Intelligence (AI) that understands human intentions and behaviors, and Corlytics, the world leader in calculating and analyzing regulation as a risk, are collaborating to deliver one of the highest volumes of pre-trained models available to the financial sector. Combining Digital Reasoning’s ability to harness human communication through AI with Corlytics’s evidence-based approach, financial organizations can more effectively monitor communications channels for market manipulation or regulation infractions.

Eventus Systems, Inc., a leading global trade surveillance and market risk platform provider, last night won the award for Market Surveillance Product of the Year in the Risk Technology Awards 2019.

Insight Investment, one of the world’s largest global asset management companies, and financial technology company, RiskFirst, are joining forces to significantly improve ease of fund modelling for the UK defined benefit (DB) pensions market. Insight will upload data and characteristics of its LDI pooled funds and its buy-and-maintain funds into RiskFirst’s PFaroe modelling system, making them available for use across RiskFirst’s UK client base of consultants and pension plans.