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Simplify client collaboration for financial services organizations

Citrix

A client’s confidence in their financial services provider begins from their earliest interactions.

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PagerDuty Receives Financial Services Competency From AWS by Inga Weizman

PagerDuty

We are excited to announce that PagerDuty is now an approved AWS Financial Services Competency Partner. We’re looking forward to expanding our global reach and helping financial services organizations accelerate their cloud migration and digital acceleration journeys.

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4 Big Challenges to RegTech Success for Financial Services Firms

Pure Storage

The emergence of RegTech solutions has been a lifesaver for many financial services firms as the proliferation of data, increasing sophistication of bad actors, and ever-more complex regulatory requirements make compliance more complicated and more costly. Solutions Financial Services

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From Back Office to Branch: How financial services can reimagine their IT

Citrix

When it comes to cloud technology adoption, the financial sector is lagging. While some challenges impact all sectors, regulated industries like financial services have a particularly complex landscape to navigate.

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Financial Services: Are You Ready for the Upcoming Regulations?

Fusion Risk Management

Continuity and excellence in service of customers has increasingly become the new standard for success. Regulators are looking for firms to identify, map, and set impact tolerances for important business services by March 2022.

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Meet the Unique Needs of Financial Services with Bare Metal

Pure Storage

Financial services firms are rapidly adopting public cloud services because they recognize the potential for greater flexibility, scalability, cost management, and security than their existing solutions can offer. It’s also particularly well suited to financial services.

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Solutions To Financial Services Risks in 15 Minutes

Business Resilience Decoded

Episode 84: Solutions to Financial Services Risks (in 15 Minutes) What are the main risks facing financial services companies today? The past couple of years have been hard on financial services companies.

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From Reactive to Proactive: Challenges, Trends, and Perspectives from Top Financial Services Firms

Fusion Risk Management

In Fusion’s latest roundtable, executives from top financial services firms came together to discuss and share their experiences on their resilience journey. We’re witnessing the digital transformation of risk and resilience driven by multiple tailwinds.

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The Playbook for Resilient Operations in Financial Services – March 2022 and Beyond

Fusion Risk Management

Building on our 2021 roundtables where we examined how firms are revisiting their approaches to operational resilience , this March we gathered a community of executive leaders in financial services to examine how firms are putting that thought into practice and adapting their culture, processes, and systems to build a more resilient tomorrow. . You’re investing to make sure your important business services can withstand the unknown.

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CCPA Compliance Checklist

Reciprocity

The CCPA also gives people the right to receive the same service from a business at the same cost even if a person decides to exercise his or her privacy rights. Can you give the categories of third parties, such as service providers, with whom you have shared that data?

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Choosing a Governance Risk and Compliance Tool: Constant Vigilance

Reciprocity

Risk management refers to a holistic framework that allows the organization to identify, assess, control, and minimize all its risks: financial, reputational, regulatory, strategic, operational, transactional, and cybersecurity. Centralized Service Level Agreements (SLA) Management.

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5 Steps To Developing A Corporate Compliance Program

Reciprocity

More broadly, a corporate compliance program reinforces a company’s commitment to mitigating fraud and misconduct at a sophisticated level, aligning those efforts with the company’s strategic, operational, and financial goals.

Audit 52
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Risk Assessment vs Risk Analysis

Reciprocity

Here are some others: Financial risk. To calculate the financial risk in a given year, multiply the SLE by the ARO. Although people often use the words “assess” and “analyze” interchangeably, the terms are not synonymous in risk management.

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Why Buying SaaS GRC Software Is a Smart Investment

Reciprocity

In this article we’ll explore GRC software-as-a-service (SaaS) solutions, and whether this is a smart investment for your organization. Software-as-a-Service (SaaS) is a method of delivering software and applications over the internet as a service.

Audit 52
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Tips for Managing Third-Party Risk in Health Care

Reciprocity

Healthcare data is rich with information, including patients’ personally identifiable information (PII), protected health information (PHI), and financial information. Vendor risk assessments evaluate the relationship and risks based on their services and devise plans to address them.

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CCPA vs. GDPR: Compliance Comparison

Reciprocity

The CCPA also specifies rules for service providers that handle customer data on a company’s behalf. The GDPR applies to non-EU controllers that process personal data of EU citizens to provide them with commercial products and services or to keep tabs on their behavior.

Audit 52
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Important KPIs for Successful Vendor Management

Reciprocity

As you bring new vendors into your organization’s orbit, you will need assurance that those third parties continuously comply with the cybersecurity controls outlined in the service level agreements you’ve established. Financial.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

Risk mitigation requires assessing all your organization’s strategic, compliance, operational, reputational, and financial risks – and then implementing controls to prevent these identified risks from harming your business.

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The Difference Between Strategic and Operational Risk

Reciprocity

New technologies, increasing digitization, and evolving customer demands create risks that can disrupt operations, weaken cybersecurity, and harm the organization’s reputation or financial position – and above all, leave the organization unable to achieve its business objectives.

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IRM, ERM, and GRC: Is There a Difference?

Reciprocity

The danger increases that unauthorized parties – more commonly known as “attackers” – might gain access to private or proprietary information, cause a disruption of critical services, or shut your business down.

Audit 52
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What Does a Compliance Management System Look Like?

Reciprocity

Deloitte defines compliance risk as “the threat posed to a company’s financial, organizational, or reputational standing, resulting from violations of laws, regulations, codes of conduct, or organizational standards of practice.”

Audit 52
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What a 1930s Bank Robber Can Teach Financial Institutions About Ransomware

Pure Storage

That’s why the financial sector—trusted with our most sensitive personal and financial information—is the single most important target for today’s ransomware attackers, dwarfing all other industries in both frequency and number of attempts.

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Strategies for Digital Risk Protection

Reciprocity

This refers to all risks introduced by service providers and third parties working with your enterprise. This could include data breaches, intellectual property theft, and financial data theft.

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3 Guiding Principles for RegTech Success

Pure Storage

When it comes to regulation, the financial services industry has faced an unrelenting increase in the number of rules and obligations over the past several years, including Know Your Customer (KYC) / Anti-Money Laundering (AML), fraud protection, trade monitoring, privacy, and more.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

Risk mitigation requires assessing all your organization’s risks – the strategic, compliance, operational, reputational, and financial risks – and implementing controls to prevent these identified risks from harming your business.

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What is Vendor Risk Management (VRM)? The Definitive Guide

Reciprocity

It also involves a risk assessment for each contractor, vendor, supplier, and service provider with which your company works. A vendor is an external entity that supplies goods or services to an organization, often in the supply chain. Examples are: Cloud service provider.

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Internal Controls & Fraud Prevention

Reciprocity

Corporate fraud refers to illegal or deceptive actions committed by an internal or external perpetrator against a business for personal or financial gain. There are three primary types of fraud: corruption, asset misappropriation, and financial statement fraud.

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What Is Enterprise Risk Management & Its Importance

Reciprocity

There are many different types of risks, such as operational risks, financial risks, or strategic risks; as well as others including reputational, regulatory, or cybersecurity risk. ERM also has financial benefits.

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Fintech Innovation: 7 Areas to Watch in 2022

Pure Storage

How to make the most of opportunities in financial services in 2022. Seven Themes for Innovation in Financial Services. This most certainly applies to fintech and financial services as well. Solutions Financial Services

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Leading Investment Bank Enhances Digital Services with Modern Storage

Pure Storage

It has not let up since, capping 2021 with stronger digital services, stronger financial results, and most importantly, stronger relationships with its investment banking customers. Like many established financial giants, the bank has a huge virtual infrastructure.

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7 compliance mistakes to avoid

CIO Governance

Compliance is a fact of life for just about every company — especially in highly regulated industries such as healthcare, financial services, and government.

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The role of IT architecture in a transformed banking experience

Citrix

Related Stories From Back Office to Branch: How financial services can reimagine their IT How insurers can attract and retain the right talent Why material manufacturing processes need cloud agility.

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Digitizing hospitals to become hubs of innovation

Citrix

Related Stories The role of IT architecture in a transformed banking experience From Back Office to Branch: How financial services can reimagine their IT Why material manufacturing processes need cloud agility.

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How Financial Institutions Can Manage Third-Party Ransomware Risk

Continuity Insights

Ransomware attacks are occurring with more significant financial impacts and greater frequency. Financial institutions (FIs), in particular, are one of the most attractive ransomware targets due to the value of the assets managed and the criticality of the data involved. In fact, according to Sophos’ recent survey, 55% of financial service firms were victims of at least.

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How banks can meet expectations for the evolving future of work

Citrix

Related Stories How ShareFile gives you a single point of access to all data sources The role of IT architecture in a transformed banking experience From Back Office to Branch: How financial services can reimagine their IT. When the U.K.

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Resilience is Everyone’s Job

Continuity Insights

While financial services. Whether you are on the journey towards operational resilience, organizational resilience, or business resilience, we can all agree that the goal is the same: to continue to deliver on our customer promise, no matter what happens. It is also important to note that these buzzwords are not mutually exclusive to any specific industry. Source. Crisis Communication Cyber Disaster Recovery Enterprise Risk Management

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Five factors driving investment in IDV

Behavior Group

investment, IDV With vast numbers of people forced online to access healthcare and financial services, purchase… Continue reading. For billions of individuals around the world, digital identity became critical in 2020.

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Operational Resilience: Are We Nearly There Yet?

Continuity Insights

It’s a daunting task, condensing all the exciting developments being made in the world of Operational Resilience into a 15-minute presentation, but that was the challenge at the recent Organisational and Operational Resilience for Financial Services Conference in London.

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Das Erlebnis E-Fahrzeug: Eine auf Nachhaltigkeit ausgerichtete digitale Transformation

Citrix

Related Stories The role of IT architecture in a transformed banking experience Digitalize to Decarbonize: The emerging manufacturing imperative From Back Office to Branch: How financial services can reimagine their IT.

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New Fusion Integration Enables Clients to Go Beyond Compliance for Upcoming Regulatory Deadlines

Continuity Insights

Fusion Risk Management, a leading provider of operational resilience, risk management, and business continuity software and services, today announced an integration with Unified Compliance Framework (UCF) and enhanced compliance capabilities for the financial services and insurance sectors.