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Pandemic to Trigger $4 Trillion Loss in Global Real GDP in 2020

The coronavirus induced recession has plunged many countries into economic uncertainty as a result of the severe containment measures. As expected, the pandemic has triggered massive losses in different sectors of the economy which can be reflected in metrics like the real Gross Domestic Product.

Data presented by Buy Shares projects that the global rea

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AI in Asset Management is trending and making a Wave in the Industry. Here is what You Need to Know About artificial intelligence and its application in asset management. The artificial intelligence finds its applications in various fields of industries. Presently, the main areas where AI is gaining more attraction is financial assets management that include investment banking, personal financial management, and fraud detection. With the advancement in technology, application of machine learning

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8219693462?profile=originalEnterprises worldwide face problems selecting, staffing, developing, compensating, motivating, and sustaining their key talent.  Building a sustainable Talent pipeline is quite strenuous even for large multinationals.

Replicating best practices from somewhere and applying them alone isn’t sufficient for organizations to build a Talent pipeline and achieve Competitive Advantage.  This warrants overcoming arduous challenges associated with this digital age, including:

  • Adjusting to varying dynamics i
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Bionic Eye is a Panacea of Lost Eyesight

Here’s why Bionic Eye is trending in the health-care sector. As per the report of the WHO, more than 40 million people are suffering from vision-related problems globally, and the majority of them are completely blind. Researchers and medical scientists are working diligently to develop new devices and techniques that can restore vision. With the application of some advanced technology, scientists have successfully developed a bionic eye that is effective in restoring visual disabilities. In dev

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Risk & Compliance Virtual Conference

NAVEX Global
 

Beyond the Moment | Save the Date for October 22

FREE EVENT | OCTOBER 22

In a year of virtual events, we know you have your pick of learning experiences. We invite you to join us for a day of engaging, insightful and inspiring sessions to keep you energized and optimistic for the year ahead. This event hosts some of the brightest minds in the business, risk, and compliance industry. You don't want to miss it!

Here's just a handful of features and benefits:

  • 12 educational sessions
  • 3 tracks: Workforce 2021, Regulations & Enforcement,
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SharePoint is integrated with Microsoft Office. It is a web-based collaborative platform which was introduced in 2001, SharePoint is sold as a document management and storage framework, however, the product is profoundly configurable and utilization varies significantly among companies.

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Introduction to SharePoint

SharePoint has been launched into the LSE as an instrument for collective working at files and documents associated with current projects. SharePoint additionally has some other valuable

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Why Medical Thermometer is having enormous demand in the Healthcare Industry. The increasing cases of influenza, norovirus, COVID-19, malaria, dengue, and other medical conditions as well as increasing awareness about the importance of monitoring body temperature are the main factors that are driving the demand for medical thermometers.

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Furthermore, the recent outbreak of COVID-19, a highly infectious disease that resulted in the pandemic. One of the symptoms of COVID-19 includes high fever so te

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On the 3rd and 4th November, The Future of Insurance Canada (Online) by Reuters Events will provide the most senior strategic briefing and conference ever see in the industry. It will unite top decision makers from across the insurance ecosystem through a 2-day, C-level-led series of panels and discussions focussed on the huge wave of innovation we’re currently seeing in the market.

With so many opportunities for growth within the insurance landscape, now is the time for decision makers across al

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Here’s why the pupillometer is gaining attention in healthcare industries. All That You Need to Know about Pupillometer, its types, applications, and advantages. Pupillometer is a medical device widely used in the ophthalmological and neurological departments. As vision-related problems and neurological disorders are progressively increasing, resulting in the increased demand for medical devices and equipment that can be used for the diagnosis and treatment of these diseases. A pupillometer reco

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Dangerous Virus: You have to Be Tested… You have Entered the Covid Zone

Political Cartoonist Steve Hunter

A virus appears that is so deadly and contagious,

you have to be tested to even know you had it

A pandemic is declared while hospitals sit empty 

You have entered the COVID ZONE

Source: Think-right

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Twenty-seven Inspiring Quotes about Life and the Current World’s Condition and Comments by Enrique Suarez

deltamodel55@yahoo.com

 

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1. "And those who were seen dancing were thought to be insane by those who could not hear the music." - Friedrich Nietzsche

 

Comment: very powerful message that applies 100% in my life when I am connected with my inner being and when I say that peace supersedes prosperity and not the other way around. When human beings know themselves first, then they know the diff

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How to Obtain ISI Mark Certificate

ISI confirmation gives a quality imprint that characterizes the evaluation of the item. The imprint affirms that an item conforms to the Indian Standard, referenced as IS: XXXX on the head of the imprint, created by the Bureau of Indian Standards (BIS), the general guidelines group of India. ISI mark portrays the trust and security of the item. Just ISI mark certified items are favored by the clients. ISI means "Indian Standards Institute," which has made guidelines to keep up the items' quality

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Beyond Nudging

8219692657?profile=originalSometimes you need to go beyond nudging decision makers. However, the personal risk you take when challenging a decision depends on culture.

Last week I was given cause to reflect on my time at HIH Insurance and the causes of its demise in 2001. While there were many, and people with different lenses could easily come to different conclusions, my view is that the culture did not allow sufficient leaders to speak their mind.

The CEO, Ray Williams, was a powerful personality. One of the most caring,

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Here are the reasons Why Workload Scheduling & Automation is making a trend in the Industry. The adoption rate of the automation system has been increased from the last few years. As the speed of application development in IT industries is increasing day by day, so in order to reduce the time taken from design to delivery, IT organizations are preferring to adopt the automated system in order to make the process of creating workflows, and batch jobs. The application developers are facing a compl

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These Are the World’s Best Universities Right Now According to the World Economic Forum

Source:

WORLD ECONOMIC FORUM

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  • The University of Oxford has been named the world’s best for the fifth consecutive year.
  • China’s Tsinghua University has become the first Asian university to enter the top 20.
  • Eight of the top 10 are US universities for the first time.
  • This year sees 141 new entrants in the Times Higher Education rankings.
  • University leaders warn
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Audit and Compliance Best Practices

Hi Global Risk Community member,

Audits don’t have to be painful.

With the proper project planning and the right tools, audits can become less stressful.

In fact, developing a solid audit program can help your organization become more proactive about compliance and risk mitigation.

The audit experts at Fastpath have put together 7 best practices that will help you improve audit scoping and project management, two key components to an effective overall audit and compliance strategy.

D

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Currently, 80% of Know Your Customer (KYC) processes are manual, with organisations spending an estimated $8bn a year performing these mandatory tasks. According to Capgemini, the average financial institution spends $58 million per year on client onboarding alone.

With the total for Anti-Money Laundering (AML) penalties handed down in the first half of 2020 reaching $706m – more than the whole of last year – and the high profile FinCen leaks, it is clear that this method is not only inefficient

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8028340460?profile=originalVUCA relates to threats that people and enterprises often encounter.  The acronym reflects the constant, dramatically-transforming, and unpredictable world.  The concept originated in 1987, based on the theories of Warren Bennis and Burt Nanus.  The term was first used by U.S. Army War College to describe the volatile, uncertain, complex, and ambiguous general conditions globally.

The acronym found traction after 2002, when it was considered an emerging idea to be discussed among the strategic le

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The pace of new business ventures keeps on developing from expanding customer self-service to consistently connecting all your back office and in-the-field applications. Simultaneously, there is desperation to mobile-enabled existing applications, coordinate with the cloud, and start improving on the most recent trend of interfacing Internet of Things (IoT) devices to your existing framework.

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When organizations address every one of these new integration challenges independently, utilizing a patch

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The idea that computers can successfully perform routine tasks is not a recent one and underlies almost all recent technological efforts. Today, however, the solution is no longer exclusive to the technology labs of large companies to become part of the reality of small and medium businesses.  

By qualifying your results, much can be solved with business automation. Want to know more about it? Keep reading and better understand how it works and what advantages it brings to your management! 

What i

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