Cybersecurity is the number one 2023 risk for global banks, but geopolitical risk tops European banks’ concerns. So say chief risk officers at global banks, according to a recent survey conducted by Ernst & Young (EY) and written by three senior EY executives. And for the next five years? “Global banking chief risk officers (CROs)… Read More >>
Ops Staff May Sit Side-by-Side with AI
(A principal within EY’s Financial Services advisory practice, George Kaczmarskyj leads the robotics and intelligent automation for financial services in the Americas. For the past 25 years, Kaczmarskyj has worked with financial institutions and other industry clients in their robotics, process improvement and information management and analytics needs, officials say. He has led client engagements… Read More >>
Investors and Regulators Push PE Firms for More Transparency
Private equity firms are feeling the heat for more IT solutions and better data management as an uptick in regulatory audits and exams is causing investors to demand more transparency, according to professional services firm EY’s 2016 global private equity fund and investor survey. The greater demand for transparency is one of the key findings… Read More >>