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Helping enterprises improve operational efficiency and reduce risks

Learn why, how and how not to do it to mitigate risks effectively.

A critical analysis of efficiency and risk management in the commercial insurance industry

This paper looks at some of the ways in which financial services organizations are implementing and utilizing AI and hyper-personalization in their processes.

The financial institutions play a critical role in the transition toward sustainable finance initiatives.

Supercharging your business with HCLTech's ESG Risk Management services

Businesses are struggling with rising compliance costs due to fragmented processes, paving the way for proactive risk management.

Financial services institutions are increasingly realizing the risks of adopting technology. It is, therefore, imperative for the companies to assess, prioritize, and manage risks.

And although we do not possess a crystal ball that will tell us what BFSI risk functions will look like in 2025 or what financial crises may disrupt risk management between now and then – we believe that technology is fundamentally going to reshape risk management in the coming years.

The financial services industry is looking at improving online customer service enabled by competition with consumer brands like Amazon, Facebook, and Google. Importantly, most financial services executives feel improving the customer experience to be the top driver of digitization in banking.

Beyond reporting, data is now viewed as a catalyst for innovation in financial services, but ensuring data quality remains a challenge