Business Transformation Services
Transforming financial risk management through cloud computing
The digitization of the banking and financial services industry has seen an alarming increase in cases of financial crimes. Organisations are now heavily investing in financial crime management solutions that are leveraging Regulatory Technologies (RegTechs) such as machine learning, natural language processing, robotics process automation, and big data to name a few. This paper discusses how cloud-based risk management is a clear winner to address the challenges one may encounter while combating financial crime.