How Automation and Data Quality Are Boosting Operational Risk Management in Commercial Banking

Since the financial crash of 2008, commercial banking has undergone a monumental shift in regulatory reform to both manage and mitigate against operational risk. This transformation has been combined with an increased focus on improving enterprise-wide efficiency, profitability and shareholder value. Established regulations such as Dodd-Frank, Sarbanes-Oxley (SOX), Basel II (superseded by Basel III) and
Complete Reading

Heavy equipment refer to vehicles of heavy-duty designed specially to execute construction tasks, especially the earthwork. These are also known as heavy trucks, machines, construction equipment, heavy hydraulics, heavy vehicles or engineering equipment. This entails to implement, structure, traction, power train, information and control. The functions of heavy equipment offer the benefit of mechanical advantage
Complete Reading

Way long ago in 1998–yes, that long ago–B. Joseph Pine II and James H. Gilmore published a piece in¬†Harvard Business Review¬†(link at the end of this article) that the experience economy had arrived. And, sure, in 20th Century terms, it had. As they explained in their article, the progression began with families buying items, such
Complete Reading

The concept of an organized, planned program should be the base for increasing profits through cost reduction. There can be no basis for determining and evaluating costs unless adequate records are maintained through a proper accounting system. Simply slashing any and all expenses un-methodically cannot be a justifiable answer to reduce cost. Instead, businesses must
Complete Reading

A new year is here and along with it comes a new set of goals and purpose for your business. The trends of the year are already heating up, and your company needs to form early adoption to ensure you make the most of these moneymaking opportunities. Consider investing in these trends of 2018 to
Complete Reading

Create Account



Log In Your Account