Tag: regulatory compliance

Advanced Analytics | Machine Learning
Lasse Skydstofte 0
Minority Report risk-based monitoring: Find the hidden potential

Most of us have probably seen Steven Spielberg's 2002 sci-fi movie Minority Report, starring Tom Cruise. In an “absurd” future society, a special police unit hunts future criminals before they commit their crimes and the illegal activity takes place. The police use sci-fi tools, such as “pre-visualisation,” to stop the lawbreakers

Analytics | Fraud & Security Intelligence
Colin Bristow 0
Anti-money laundering requirements: Are the stakes increasing?

Part 504 of the US Department of Financial Services Superintendent’s Regulations seems to significantly up the requirements for firms to conduct ongoing review and continuously improve their approach to anti-money laundering (AML) monitoring. But is it really very different from the intergovernmental Financial Action Task Force's broader suggestions to introduce

Risk Management
Larry Roadcap 0
Five Keys to Successful Stress Testing

Stress testing is not new to the risk world but has been a major focus since the GFC (Global Financial Crisis). For a number of years now, stress testing has helped analytical specialists quantify various aspects of potential loss. What is new is the introduction of regulatory stress tests which