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Reading Time: 3 minutes Regulatory compliance keeps getting more complex. Facing a range of regulations covering privacy, such as the General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA), to financial regulations such as Dodd-Frank and Basel II, to…
Reading Time: 2 minutes Regulatory compliance is a critical consideration for businesses, especially in heavily regulated sectors such as financial services and pharmaceuticals, which require companies to frequently submit detailed reports about their operations to government agencies. Compliance often requires a significant investment of…
Reading Time: < 1 minute Banks are subject to numerous regulations that are designed to protect customers and ensure the stability of the financial system. Compliance with these regulations is essential, not only to avoid fines and legal penalties, but also to maintain the trust…
Reading Time: 4 minutes LDTI is the most significant change in decades to the existing accounting requirements under US Generally Accepted Accounting Principles (USGAAP) for long duration contracts that are non-cancellable or guaranteed renewable contracts such as life insurance, disability income, long-term care, and…
Reading Time: 2 minutes St. James’s Place is a FTSE 100 company, with over £100 billion of client funds under management. The company is known for providing highly personalized, face-to-face wealth management services to individuals, trustees, and businesses. St. James’s Place was looking for…
Reading Time: 6 minutes The Forrester report “Predictions 2018: A year of reckoning” predicted that 80% of firms affected by the GDPR will not be able to comply with the regulation by the time it comes into force on May 25. Of those noncompliant…
Reading Time: 3 minutes The European Union’s General Data Protection Regulation (GDPR) will come into effect on May 25th, 2018, and all businesses that serve European Union customers will be required to comply. Companies that fall short of compliance with GDPR will be subject…
Reading Time: 3 minutes Today, data is the lifeblood that can dictate the difference between success or failure. However, becoming truly data-driven remains an elusive goal for many. This gap between aspiration and reality is not for lack of effort; it stems from the…
Reading Time: 2 minutes Imagine a chief information officer (CIO) at the forefront of an ambitious mission. The CIO’s company, in pursuit of growth and profitability, faces an all-too-common obstacle: harnessing the vast ocean of data. This CIO understands that the key to unlocking…
Reading Time: 3 minutes Leveraging enterprise data for generative AI and large language models presents significant challenges related to data silos, quality inconsistencies, privacy and security concerns, compliance with data regulations, capturing domain-specific knowledge, and mitigating inherent biases. Organizations must navigate the complexities of…
