According to a 2015 survey of 500 banking and finance executives, cybersecurity and fraud top the agendas of 80 percent of institutions—yet only 56 percent of executives believe that their own organizations have a handle on fraud threats. Counter fraud experts Wilson Davis and David Dixon, authors
The Fundamental Review of the Trading Book (FRTB) aims to overhaul Basel banking rules with an eye to addressing problems that surfaced during the global financial crisis. But as the rules near release, many banks worry that the regulations will impose significant new capital requirements while
Tony Boobier and Hugh Wallis discuss the impact of Solvency II regulations on the insurance industry in Europe. As of 2016, Solvency II requires mandatory risk reporting, but many European insurers face significant challenges handling the massive amounts of data they must submit to be in compliance
Although financial criminals exploit a wide range of channels in their attempts to defraud banks, check deposit fraud takes a notable toll on financial institutions. But even this type of fraud is only one of several particularly acute threats to customers’ accounts. For example, banks must also
Don’t let outmoded practices and irrelevant processes hold back your organization. Instead, discover what practices author and analyst David Parmenter believes finance teams can implement to heighten their efficiency and effectiveness.
Are you feeling the pain of the 2016 Solvency II mandatory risk reporting requirement? Many European insurers are struggling to meet the financial reporting and Extensible Business Reporting Language (XBRL) reporting requirements of the new Solvency II mandate. And they can find relief from IBM
Don’t wait for the tide to shift in your favor. Learn how case management technologies can help you make waves in your business environment by proactively managing client relationships while responding to a shifting marketplace.
As of 2016, Solvency II requires mandatory risk reporting—but many European insurers aren’t ready to handle the massive amounts of data they must submit to comply. However, a new reporting tool gives insurers the confidence to meet this mandate while saving valuable time and IT resources.
Businesspeople consider budgeting a very unpleasant task, primarily because the mechanics of budgeting are so frustrating. Fortunately, a new solution makes budgeting more bearable by eliminating most unproductive Excel spreadsheet activities such as tracking down numbers, fixing broken links and
For over 30 years, Excel has been the go-to tool for financial professionals. But with the changing role of the CFO, Excel’s most useful days may be in the past as more advanced options let finance organizations streamline processes and gain powerful analytics capabilities.
When you step outside your analytics comfort zone, you could bring groundbreaking innovations with you when you step back in. Take a look at how cross-industry analytics applications are carrying businesses to new frontiers.
The market is abuzz with news and announcements around financial performance management. Read on to discover a variety of useful assets and resources and learn how you can transform your organization's planning, budgeting, forecasting, reporting and analysis processes.
By empowering business to meet emerging governance, risk and compliance threats, next-generation GRC solutions—such as the IBM OpenPages GRC Platform—offer transformative business value, including predictive analytics and cognitive processing capabilities.