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The Security Threat Of Bank-FinTech Collaboration

PYMNTS

Risk mitigation isn’t a new concept, Simkins noted, but today’s organizations are often unfamiliar with the correct strategies they need to deploy when mitigating third-party cyber risk. “They manage credit risk and liquidity risk, and more traditional third-party risk verticals,” he said.

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Treasurers Trust Big Data For Real-Time Risk Assessment

PYMNTS

But Big Data lands new capabilities in the hands of corporate treasurers and other executives that yields active, real-time assessments of risks from multiple angles, from counterparties to compliance. For fund investors, active risk management is of particular importance for treasurers, Hazeltree noted.

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Implementing AI Becomes Top-Two Priority for 31% of UK Executives Reveals Accenture

The Fintech Times

Disruptive technology risk ranked fourth among global executives. Around 35 per cent of UK executives said that implementing disruptive tech has escalated the importance of financial risks (market, credit, liquidity risks), compared to a global average of 29 per cent.

AI 59
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European Central Bank Picks Treasury Management Tech Provider

PYMNTS

Last year , OpenLink Vice President of Commodities & Treasury Solutions Mark O’Toole spoke with FX-MM about the intersection of Big Data and treasury management, noting that managing data for real-time risk mitigation is “a bigger challenger than you would imagine.”

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How AI Improves Enterprise Risk Management (ERM)

The Finance Weekly

This AI-driven approach strengthens risk management by providing timely insights and informed decisions based on real-time data analysis and predictive modeling. Risk of Insufficient Liquidity The initial facet of liquidity risk involves whether businesses possess sufficient cash reserves to meet their financial obligations.

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Treasurers Failing To Use Tech To Combat FX Risk, Deloitte Finds

PYMNTS

In a survey of treasurers across more than 200 companies in various parts of the globe, Deloitte found that the corporate treasurer continues to be positioned as a risk-management function of organizations: 97 percent said that the treasurers’ role in liquidity risk management is important. Technology Tripping Up Treasury.

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How Half Of Corporate Treasurers Are Getting Left Behind

PYMNTS

They’re also insisting that the organizations have a clear understanding of their liquidity risk, both intraday and long-term.” “We see regulators everywhere requiring that institutions not only have the cash they need,” he said in a statement. ” “That can’t be done with spreadsheets any longer,” the executive concluded.