In an age where financial institutions face unprecedented challenges, understanding liquidity risk has never been more critical. Reflecting on past crises, such as the 2008 financial crash and the regional bank turmoil of 2023, we can glean valuable lessons. Amidst shifting interest rates and evolving regulatory landscapes, risk managers must stay ahead of the curve by leveraging innovative strategies to navigate these tumultuous waters. In this blog, inspired by our recent discussion with Nid
Live Webinar Details:
Looking Forward to 2025: Strategies for Modern GRC in the New Year
December 18, 2024 | Time: 8:00 am PT | 11:00 am ET | 4:00 pm UK Time
Hello Global Risk Community member,
As 2025 approaches, the world of operational risk, resilience, and agile GRC strategies is transforming faster than ever!
Join GRC visionary Michael Rasmussen of GRC 20/20 and Patricia McParland, Associate Vice President of Marketing at MetricStream, for an unmissable live webinar on Dec
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In a world where technology evolves at lightning speed, the challenge of balancing innovation with security is more pressing than ever. Picture this: a small startup embarks on an ambitious innovation journey, only to find their breakthroughs eclipsed by potential security threats. This isn't just a theoretical dilemma; it's the reality that many businesses face today. Join us as we delve into this crucial topic, guided by insights from Sebastian Gierlinger, VP of Engineering at Storyblok, a l
Rising Demand for Consistent Customer Support at Low Operational Costs, Drives the Global Chatbot Industry- States the recently published report description by Markntel Advisors, a leading research, consulting, and data analytics firm. The report comprises the factors boosting the growth of the global chatbot industry. Chatbot facilitates the organization with streamlining and optimizing customer services, therefore adopted by several companies to provide better customer support experience. In a
The global ENT devices market is projected to reach $31.8 billion by 2030, advancing at a compound annual growth rate (CAGR) of 7.7% from its estimated value of $20.4 billion in 2024. This growth is primarily driven by the increasing prevalence of hearing disorders and sinusitis, coupled with a growing preference for minimally invasive procedures within the ENT specialty. Technological advancements have led to the development of sophisticated devices, enhancing diagnostic and therapeutic capabil
Risk management is a great strategic tool; it protects organizations against reputational and financial losses. Executing an effective risk management process is like setting up a fire alarm—needing effort, time, and resources—and provides important safety against risks. A proactive risk management approach enables banks to manage potential risks before they escalate, guaranteeing resilience and stability in an increasingly complicated financial era.
A well-structured risk management framework is
Achieving operational efficiency and driving utmost customer satisfaction are essential aspects of growth for any OEM. These factors not only drive growth but are also important in maintaining a competitive edge in today’s business landscape. Traditional OEMs utilized paper manuals, which brought with them their own set of challenges and limitations.
Every manufacturer aims to have efficient operations and a well-collaborated stakeholder network. We have experienced a shift from traditional pape
The aftermarket industry has adopted several positive changes in the last decade, including introducing a mobile-based parts ordering system. Most OEMs and distributors struggle to keep up with the changing trends. Traditional methods of parts management have become obsolete and impractical in the current era of digitization.
As the supply chain is reshaping OEMs and distributors need to understand the importance of mobile-based parts ordering systems. Through this blog let us understand the ben
The ESG (Environmental, Social, and Governance) reporting software market, valued at USD 798.1 million in 2024, is projected to grow to USD 2,098.9 million by 2030, advancing at a CAGR of 17.5%. ESG factors are increasingly critical for investors in making informed decisions. ESG reporting software empowers companies to showcase their sustainability initiatives, attracting ethical investors interested in long-term value creation and positive social impact.
Adopting ESG practices enhances a compan
According to the latest market research study published by P&S Intelligence, the surface computing market is projected to be worth USD 82.4 billion in 2024 and is expected to grow at a CAGR of 35.3%, reaching USD 505.5 billion by 2030. This rapid growth can be attributed to the increasing adoption of natural user interfaces (NUIs) for intuitive user interactions.
Surface computers utilize multi-touch and multi-user technologies, enabling recognition of physical objects through touch. These device
Johannesburg, South Africa — 21st October, 2024 — The International Center for Strategic Alliances, in collaboration with Newgen Software, announces Newgen Insurance Connect on 21st November at The Maslow Hotel Sandton. This exclusive event will unite industry leaders from the South African insurance sector to discuss the impact of AI and automation on enhancing customer experiences and operational efficiency.
Theme: Personalizing the Insurance Experience: How AI is Shaping Customer-Centric Journ
The secure access service edge (SASE) market earned $2,171.5 million in 2023 and is expected to grow at a CAGR of 26.1% during 2024–2030, reaching $10,588.5 million by 2030. The market expansion is driven by the surge in remote work, widespread cloud adoption, increasing cyber threats, and rapid digitization.
SASE has gained significant traction due to its ability to address security and efficiency requirements. By enabling secure cloud access, it reduces the risk of cyberattacks. The ongoing glo
Operational excellence is a primary goal for organizations, which improves efficiency, boosts customer satisfaction, and drives growth. To achieve excellence, companies rely on well-defined Key Performance Indicators (KPIs). They measure success across key business functions. For instance, focusing on operational excellence KPI examples can help businesses enhance their operations management and align day-to-day operations with long-term strategic goals while promoting continuous im
Sustainability isn’t just about staying compliant—it’s about staying relevant. The Sustainable Value Framework transforms challenges into opportunities, equipping organizations to thrive in a dynamic global landscape. By addressing internal and external concerns, it balances operational efficiency with market innovation.
Key Dimensions of the Framework
Startup companies are businesses in their early stages. They are new to the industry but bring innovative ideas or technologies to the table.
However, startups usually mean the lack of established processes can lead to different pitfalls. Because of unproven business models, it can be difficult to gauge how they perform in the long run. Those in highly competitive markets also struggle to stand out from the crowd.
Many startup companies run into the same pitfalls during their first few years. B
In a world that seems to change at breakneck speed, risk managers find themselves at a crossroads. Should they cling to traditional forecasting methods or embrace a broader approach that looks towards the future? As someone who has navigated this shift from conventional risk management to foresight-driven strategy, Donna Dupont shares her insights on turning uncertainty and risk into opportunity, —by embracing a different way of thinking. Here's our blog inspired by our latest discussion with Do
According to MarkNtel Advisors’ latest research report, The Global Rare Earth Material Market is anticipated to grow at a CAGR of around 3% during 2020-25.
“In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecasts for years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn't take long for the team to deliver the most recent version of the report.”
Request Free Sample Report
Spare parts inventory faces two major problems: overstock and stockouts. Stockouts lead to missed sales opportunities, delayed repairs, and unhappy customers; overstocks result in tied-up capital, increased storage costs, and waste. As these challenges are overcome, companies rely more and more on AI.
Technologies part of AI--predictive analytics and machine learning--can provide sophisticated solutions for optimizing inventory levels. By analyzing historical data, market trends, and demand patte
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