4CRisk.ai’s Post

What key trends should risk and compliance leaders be aware of? What is the role of technology in shaping regulatory reporting? CIBC's Loren Schwartz, Banaja Panda and our own Linda Middleditch discussed the complex realm of compliance practices and unveiled adaptive strategies to tackle the evolving trends and risks of capital markets regulation in a recent webinar. ▶️ Watch the webinar on-demand here: https://hubs.la/Q02yd1DJ0 #regreporting

📢Exciting Announcement: Strategic Partnership with FairBorrow.Ai™🚀   We are thrilled to announce that de Risk Partners has entered into a strategic partnership with FairBorrow.Ai™, a pioneering force in AI-driven financial solutions!   FairBorrow.Ai™ analyzes large and complex data sets using advanced Data Management techniques such as Artificial Intelligence (AI) in developing deep insights. In particular, their proprietary data management process helps to enhance consistency of decisions, such as loan approval and underwriting decisions. Enhancing consistency of decisions could lead to reduction in bias and thus help reduce and even eliminate potential regulatory issues, such as Fair Lending violations and their resulting adverse financial and reputational impact. This collaboration marks a significant milestone in our journey to revolutionize compliance of the financial services industry. By joining forces, we aim to enhance our risk management capabilities and provide unparalleled value to our clients. At de Risk Partners we are committed to staying ahead of the curve and continuously improving our offerings. This partnership with FairBorrow.Ai™ is a testament to our dedication to innovation and excellence.   Stay tuned for more updates as we embark on this exciting journey together! Thank you for your continued trust and support. www.deriskpartners.io www.fairborrow.ai Praful M. Ravi de Silva   #StrategicPartnership #Innovation #AI #RiskManagement #deRiskPartners #fairborrowai #compliance

What key trends should risk and compliance leaders be aware of? What is the role of technology in shaping regulatory reporting? In a recent webinar, CIBC's Loren Schwartz, Banaja Panda and our own Linda Middleditch discussed the complex realm of compliance practices and unveiled adaptive strategies to tackle the evolving trends and risks of capital markets regulation 💡 Watch the webinar on-demand ⬇️ https://hubs.la/Q02t6-Hr0

Discover how Evalueserve partnered with a leading cross-border payment infrastructure provider to independently evaluate their anti-fraud detection model. Our thorough assessment uncovered key gaps, leading to a focused remediation plan that enhances regulatory compliance and aligns with international standards. Read the client story to learn how we’re supporting clients in navigating AI regulations and strengthening their risk management frameworks: https://lnkd.in/dxGJx7ZF #AI #RegulatoryCompliance #FinancialServices #RiskManagement

With Regulation E at the forefront of compliance for many sponsor banks and fintechs, our tools provides quality assurance over Regulation E compliance. Reach out to Sarah Fernandez, AAP, CIPP/US, CRCM or myself for a demo of our latest risk intelligence tool. #compliance #fintech #fintechcompliance

Excellent article on "The State of FSI Compliance" and once again Hadrius (YC W23) is highlighted among the top firms innovating here 🚀 Some key takeaways I found the most interesting: 👉 38% increase in regulatory compliance requirements over the last 12 months 👉 A "staggering amount" of firms are seeking AI powered regulatory solutions 👉 One of the top items on the wishlist of financial firms: improving firm-wide surveillance 2024 is going to be a big year for regulatory compliance 😎 Great work by Daniel Chesley and the team at Work-Bench for putting this report together. Full report linked in the comments. Check out the compliance landscape map and let me know when you spot us!

As we continue to put the spotlight on the upcoming #DORA regulation and talk about the key considerations financial entities can take to make sure they are compliant, this week we focus on how you can simplify the reporting process and reduce the risk of errors. Consideration 2: Automate #Compliance Reporting AI can analyze, interpret, and extract information from contracts with remarkable speed and precision, reducing manual workload and enhancing risk assessment. Read the Essentials of Contract Obligation Compliance Management to delve deeper: https://hubs.ly/Q02R3Z0g0

As the financial services landscape evolves, compliance professionals find themselves at the forefront of changing regulations. We recognised the critical need to stay ahead of the curve and the recent regulatory changes and industry trends have prompted us to take a fresh approach to compliance and risk management. With this backdrop, we have curated an exclusive personalised workshop where we’ll delve into the latest developments impacting our industry. Our seasoned experts will share insights, best practices, and real-world experiences from both domestic and global markets. Topics will include regulatory implementation strategies, risk mitigation, and enhancing overall compliance posture. Be it 'Compliance function transformation and target operating model' or 'Generative AI use cases for compliance function', we have all the hot topics covered. If you would like a personalised workshop to understand how your organisation can adapt to these trends and drive positive change, please fill this form. https://lnkd.in/drhWAzXV #RethinkRisk #FitForFuture #FinancialServices #Compliance #Regulation #AI #RiskManagement Sivarama Krishnan, Kuntal Sur Rounak Shah, Raj Singh , Sunil Verma , Shreyans Dudheriya

Navigating risk management and regulatory compliance is a challenge for many financial institutions. Our Head of Solutions, John Zugelder, CFA, highlights how explainable AI tools are being rapidly adopted to improve accuracy, reliability and transparency to reduce risk within banking. Our AI decisioning platform is enabling more accurate and equitable lending decisions for banks through our integrated, knowledge based AI approach. Read more from John via GRC Outlook here: https://lnkd.in/gRiAK95b #FutureOfCredit #ArtificialIntelligence #MachineLearning 

We are one week away!! 🎉 Join me and Encapture on Wednesday, June 12th as we discuss, "How Banks are Leveraging AI to Automate Regulatory Compliance," during ABA’s Risk and Compliance Conference. See you in Seattle! #ABARCC