Vision Achievement Limited’s Post

Interesting read on the forecasted changes within financial services! In summary effective risk management for 2024 requires continuous assessment, diverse modelling approaches, understanding model limitations, rapid response capabilities, and streamlined processes for enhanced financial risk analysis. We are hiring in all areas of risk, reach out if you want to have a conversation around some of our active positions! https://lnkd.in/epu--fwN #riskmanagement #ai #buyside #sellside #fintech

Looking forward to integrating your risk and finance data, and simplifying risk forecasting processes! 🚀 Check out this blog on how the Databricks Data Intelligence Platform helps banks address their regulatory concerns in regulatory data management, risk analytics, and regulatory reporting. #CCAR #CECL #StressTest #ALM #LiquidityRisk #CreditRisk

Understanding the components of effective PEP data is essential for robust compliance and risk management. Reliable and accurate data is key to an effective screening process. Discover what "good" PEP data entails at ComplyAdvantage: https://okt.to/S2oZHd.

Understanding what constitutes "good" PEP data is essential for effective compliance and risk management. Reliable and accurate data forms the backbone of any robust screening process.

Transform your compliance strategy. With ERIC, you’ll not only save on resources but also enhance your skills in risk and compliance management. Join the ranks of industry leaders who trust ERIC for expert knowledge and innovative solutions. Find out more: https://heyor.ca/Csf5TX #Compliance #RiskManagement #ERIC #ComplianceManagement

In 2024, financial services providers will face intensified regulatory oversight, characterized by: - More frequent and rapid examinations, with swifter issue escalation and remediation. - Emphasis on risk management and governance, particularly in areas like liquidity, capital, interest rates, concentrations, and operations. This heightened scrutiny will require firms to: - Reassess their current operations, risk management practices, and infrastructure. - Address weaknesses promptly to avoid potential ratings downgrades or enforcement actions. - Demonstrate sustained risk mitigation processes and executive accountability. - Show commitment to resolving issues through self-identification, proactive disclosure, and timely remediation. - Adequately resource risk management and compliance functions to avoid being labeled as "persistently weak" or "repeat offenders." Failure to meet regulatory expectations may result in: - Increasingly severe actions, including growth limitations or required divestitures. - Heightened reputation risk due to public enforcement actions. - Increased operational, legal, and competitive risks. - Regulators will view inability to address concerns promptly as a serious issue, potentially leading to more comprehensive supervisory actions.

Stay ahead of the curve. ERIC’s development doesn’t stop – we’re always improving to keep your risk and compliance management on point. Find out more: https://heyor.ca/Csf5TX #ForwardThinking #Innovation #GRC #RiskManagement #Compliance

Regulatory compliance is a complex and ever-changing landscape, particularly in the global markets. As a Business Analyst with experience in regulatory reporting and risk management, I specialize in navigating this complexity to ensure compliance and mitigate risk for financial institutions. By staying abreast of regulatory developments and collaborating closely with stakeholders, I help organizations navigate regulatory challenges with confidence and integrity. Navigating regulatory complexity is essential for maintaining trust and stability in global financial markets, requiring expertise and diligence from Business Analysts. #RegulatoryCompliance #RiskManagement #GlobalMarkets

Regulatory compliance is a complex and ever-changing landscape, particularly in the global markets. As a Business Analyst with experience in regulatory reporting and risk management, I specialize in navigating this complexity to ensure compliance and mitigate risk for financial institutions. By staying abreast of regulatory developments and collaborating closely with stakeholders, I help organizations navigate regulatory challenges with confidence and integrity. Navigating regulatory complexity is essential for maintaining trust and stability in global financial markets, requiring expertise and diligence from Business Analysts. #RegulatoryCompliance #RiskManagement #GlobalMarkets

This blog delves into how BI systems empower financial institutions to transform raw data into actionable insights, enhancing their ability to navigate regulatory landscapes and mitigate risks effectively. Discover how Anaptyss’ Factum BI dashboard can elevate your compliance strategy and enable smarter, data-driven decision-making. Read More:https://lnkd.in/eFdd7_NH #BI #dashboard #Factum #Anaptyss #compliance #risk #DigitalServices