Financial Services
Globally, natural catastrophes caused $100 billion in insured losses this year alone, with “at least” $12 billion of these total insured losses attributed to flood-related events.
"There is still work to do on developing appropriate business continuity and contingency plans and exit procedures where third parties provide critical operations"
"That’s definitely the hottest topic right now in tech for us across the bank,”
Courier dispatched with a USB stick carrying trade settlement details after systems disrupted...
Rules demand "a significant uplift in terms of new data sourcing... IT leadership will need to carefully manage cultural and technical integration between internal risk and compliance teams"
Commercial real estate losses show scale of "remote work" damage on CRE area.
"We're deep into the large body of work of automating manual controls and processes, consolidating fragmented tech platforms and upgrading our data architecture"