With the rapid adoption of big data, advanced analytics and emerging technologies, financial institutions are facing growing complexity in their model risk management processes. A well-designed model ...
Risk management is taking ... ranking ‘cyberattack or data breach’ as the top risk. 18% of respondents said that cyber-related risks had contributed to a financial loss for their organisation ...
They soon expanded to other sectors, such as credit provision (particularly consumer financing and microloans with shorter maturities), banking, crowdfunding, asset management ... at risk and presents ...
Kathleen Walch covers AI, ML, and big data best practices ... Traditional risk management assessments often rely on analyzing past data which can be limited in the ability to predict and respond ...