Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations
- 19 hours 39 min 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
- 2 weeks 1 day 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
- 3 weeks 3 days 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
- 5 months 1 week 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
- 6 months 1 week 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
- 7 months 2 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
- 7 months 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
- 8 months 15 hours 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
- 8 months 2 weeks 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.
Oxane Named a Category Leader in ‘Credit Portfolio Management’ in Chartis’ RiskTech 2024
- 9 months 1 week ago
- Risk Management
Oxane Partners ("Oxane"), a leading technology-driven solutions provider to private markets, announced that it has been recognized as a 'Category Leader' for Credit Portfolio Management by Chartis Research ("Chartis"). In addition, Oxane earned the 72nd spot in the Chartis RiskTech100 2024 report, an independent study of risk management technology solution providers globally.
Wolters Kluwer Risk Survey Highlights Increasing Role of Technology for U.S. Banks
- 10 months 1 week ago
- Risk Management
A notable increase in concerns over risk management and regulatory compliance issues headlines key challenges facing U.S.
Ncontracts Acquires Quantivate
- 10 months 1 week ago
- Risk Management
Ncontracts, the leading provider of integrated compliance, risk, and vendor management solutions to the financial services industry, announced it has acquired Quantivate, a growing provider of governa
Murex Expands Model Validation Offering with Financial Info and Analytics Leader
- 10 months 1 week ago
- Risk Management
Murex, the global leader in trading, risk management and processing solutions for capital markets, has expanded its connectivity with financial information and analytics leader S&P Global Market Intelligence to cover model validation needs and provide an additional option to source market data into MX.3.
As Default Rates Rise, 70 Percent of Financial Services Executives Lack Confidence in Their Ability to Modify Risk Decisioning at Speed
- 10 months 2 weeks ago
- Risk Management
As credit default and fraud rates rise, 70 percent of financial services executives are not confident in their ability to modify risk decisioning quickly to keep pace with shifts in consumer behavior and the economy. Additionally, 43 percent say identifying fraud is a top challenge, yet only 7 percent report their anti-fraud measures are completely effective, according to a new survey conducted by Provenir, a global leader in AI-powered risk... more
