Defense Secretary Pete Hegseth has promoted a "wartime footing" for Pentagon acquisition, but the approach may come with ...

Algorithmics, the leading provider of risk solutions, today announced that it has been awarded a patent for its operational risk capital modeling framework. The patent recognizes Algorithmics' ...

Portions of the financial sector have been slow to embrace AI, but it could play a role in overcoming BPO challenges.

Austin, Oct. 08, 2025 (GLOBE NEWSWIRE) -- The AI Model Risk Management Market Size was valued at USD 5.87 Billion in 2025E and is expected to reach USD 15.03 Billion by 2033 and grow at a CAGR of ...

The gap between AI and traditional risk modelling is substantial. Traditional models often fall short when dealing with complex, non-linear relationships. In contrast, AI models thrive in detecting ...

This article was written by Antonios Lazanas, Head of Portfolio and Index Research at Bloomberg. Modern risk modelling is not just about monitoring risk. Sure, the specialists who manage risk are ...

James Gorman, chairman and chief executive of Morgan Stanley, said during a Senate Banking Committee hearing this week that the proposed operational risk provision in the Basel III endgame capital ...

Commercial property insurer FM has announced a major expansion of its industry-first resilience credit program, doubling its ...

The Institute of Internal Auditors has updated its Three Lines of Defense Model to emphasize more active forms of risk management and governance that go beyond merely defensive moves by the internal ...