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Today’s Cyber Risk Management

Cisco

The past 20 years have visibly demonstrated the impact large scale events have on market, credit, and operational risks in financial services. The subsequent regulatory activity in response to these events focused on operational risks. Cyber risk is the largest and fastest growing operational risk within financial services.

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FFIEC Cybersecurity Maturity Assessment Tool

Cisco

As these have attacks have evolved, regulatory bodies have updated their regulations to account for the increasing threat of cyber risk. This framework is especially relevant given the recent FFIEC Architecture and Operations update and the Executive Order on Cybersecurity from 2021. Online Mobile Products and Technology Services.

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FCA’s Consumer Duty Mandates Sharper Use of Technology

FICO

FCA’s Consumer Duty Mandates Sharper Use of Technology. While it’s being applied in the UK, we’ve often seen other regulators follow Britain’s lead, as was the case with Treating Customers Fairly. The Consumer Duty brings a 12th principle into the FCA Handbook, known as the Consumer Principle. FICO Admin. by Peter Lemon.

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Dear MBAs, AI is Coming For You: The Coming Wave of Expert Automation & Augmentation Software (EAAS)

CB Insights

But as with many things in technology, change comes gradually and then suddenly. And in trading, there are another set of EAAS companies trying to replicate and improve human cognition with quantitative trading technologies. Another EAAS technology company in the space is Narrative Science. STATE OF AUTOMATION REPORT.