Financial Institutions Still Playing Catch-Up Following EU’s DORA, Finds Clear Junction
- 1 week 5 days ago
- Risk Management
Clear Junction, a leading global payments solution provider, has revealed that nearly half of financial institutions were unprepared for the realities of the Digital Operational Resilience Act (DORA) regulation when it came into force in January 2025. The findings highlight the challenges businesses face in balancing compliance with operational priorities amid an increasingly complex regulatory landscape.
TransUnion and FICO Partner to Introduce Groundbreaking Risk Solutions to Kenya to Expand Credit Access
- 1 month 3 days ago
- Risk Management
TransUnion Kenya, a global information and insights company, and global analytics software leader FICO are leading the charge in transforming the country’s financial landscape with new groundbreaking risk solutions that are designed to broaden access to credit and empower financial institutions. By leveraging enriched data and analytics, lenders can now make more informed decisions, which foster greater economic empowerment and build a more... more
KPMG Expands PREVA Coverage in the Middle East
- 1 month 4 days ago
- Risk Management
After the successful implementation of KPMG PREVA in the United Arab Emirates and Oman, KPMG is expanding the service to Saudi Arabia, Jordan and Lebanon.
Moody’s Maxsight™: The New Platform to Navigate Global Risks Enterprise-Wide
- 1 month 2 weeks ago
- Risk Management
Moody’s has launched Maxsight™ unified risk platform, designed to help businesses decode risk and unlock opportunity across third-party relationships, supply chains, and compliance processes.
Akur8 Announces New Partnership with Windward Risk Managers to Enhance Their Predictive Modeling Capabilities
- 4 months 2 weeks ago
- Risk Management
Akur8, the next generation insurance pricing and reserving solution powered by Transparent ML, is thrilled to announce its recent collaboration with Windward Risk Managers, the company that manages Florida Peninsula Insurance, Edison Insurance, and the newly formed Ovation Home Insurance Exchange. Windward has selected Akur8's Core Platform solution to enhance their predictive modeling framework, elevating pricing precision and efficiency across... more
Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations
- 5 months 1 week ago
- Risk Management
Nasdaq today announced it has developed an innovative new methodology to conduct investment portfolio risk calculations and produce predictive analytics, based on advanced machine learning capability. The functionality will be integrated into Nasdaq’s Calypso platform, which is used by banks, insurers, and other financial institutions globally to access capital markets, process front-to-back office treasury workflows, manage risk, and meet... more
Earnix Launches AI Platform Combining Pricing Analytics with Automated Credit Risk Decisioning
- 5 months 3 weeks ago
- Risk Management
Earnix, the leading global provider of intelligent decisioning SaaS solutions for financial services, today announced Earnix Lending Plus, an end-to-end AI-driven software platform that combines advanced pricing analytics, price optimization, and simulat
Hummingbird Acquires LogicLoop, Opening the Door for Risk and Compliance Teams Seeking Seamless Data Integration and Automation
- 6 months 1 day ago
- Risk Management
Hummingbird, a leading provider of financial crime risk management solutions, today announced the acquisition of LogicLoop, a pioneer in no-code data integration and automation. The acquisition marks a significant step forward in Hummingbird’s mission to become the core operating platform for financial crime fighters, empowering financial institutions to unify, explore, and act on their risk and compliance data.
Wolters Kluwer Wins Best ESG Risk Management Solution at ESG Insight Awards
- 10 months 2 weeks ago
- Risk Management
Wolters Kluwer, a global leader in information, software, and services for professionals, announces that its OneSumX for ESG and Climate Risk Management solution has been recognized as Best ESG Risk Management Solution at the 2024 ESG Insight Awards.
Sayata Unveils AI-Powered Risk Engine, Revolutionizing Small Commercial Insurance Underwriting
- 11 months 2 weeks ago
- Risk Management
Sayata, a leader in innovative insurance solutions for SMB risk, announces the launch of the Sayata Risk Engine: an AI-powered platform that transforms how insurance carriers and MGAs assess and underwrite risk. The Sayata Risk Engine uses sophisticated AI to flag specific high-risk accounts that are expected to drive up loss ratios. Insurers can now confidently broaden their risk appetite to grow premiums rapidly while weeding out riskier... more
Alloy for Embedded Finance Launches for Banks and Fintechs to Collaboratively Manage Identity and Compliance Risk
- 1 year 3 weeks ago
- Risk Management
Alloy, the identity risk management company behind nearly 600 leading banks and fintech companies, today announced Alloy for Embedded Finance, a new product custom-designed for sponsor banks, BaaS providers, and their fintech partners to collaboratively manage identity risk and stay ahead of regulatory requirements.
Fusion Risk Management Announces General Availability of Generative AI-Powered Assistant
- 1 year 3 weeks ago
- Artificial Intelligence, Risk Management
Fusion Risk Management, Inc. ("Fusion"), a leading provider of cloud-based operational resilience, business continuity, and risk management solutions, has announced general availability of its AI-powered assistant Fusion Resilience Copilot™ following a successful global beta program. Resilience Copilot™ is pre-configured to answer critical questions at the click of a button, providing insights and recommendations.
Commercial Bank International Adopts Bloomberg MARS as Primary Risk Management System
- 1 year 1 month ago
- Risk Management
Bloomberg announced today that Commercial Bank International (CBI), a leading national bank in the UAE, has adopted Bloomberg’s Multi-Asset Risk System (MARS) modules for Counterparty Risk, Market Risk, and Valuation.
Sapiens and Binah.ai Partner to Empower Global Life Insurers to Improve Risk Management with AI
- 1 year 1 month ago
- Insurtech, Risk Management
Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, and Binah.ai, the number one health and wellness check software provider, today announced a partnership to empower more insurance companies worldwide to use client-provided health data for improved risk management and value-added services at reduced costs.
