Tag: Journal

Ongoing Reg BI Compliance: Can Technology Help? – CIO Journal

by Lucille Avery on February 26, 2021 in Technology Consultant

Under new rules governing many retail investment recommendations, firms may be considering technology solutions to connect and integrate disparate processes and systems.

Investment management firms have implemented new retail sales practices under Regulation Best Interest (Reg BI) amid challenging economic and workplace conditions prompted by COVID-19. As financial professionals deliver services to retail customers in observance of the new regulatory requirements, many are identifying ways the experience can be improved using technology.

“Many firms were not able to incorporate the desired technology enhancements to the investment recommendation life cycle under Reg BI in light of a tight timeline to

Getting Smart About Integrating AI Technology – CIO Journal

by Lucille Avery on January 15, 2021 in Technology Evolution

As cognitive capabilities move into the mainstream, finance leaders ought to work with their technology counterparts to reexamine their business models.

Enterprise finance leaders should be giving serious thought to how AI could reshape their business models. The technology, which enables computers to be taught to analyze data, identify patterns, and predict outcomes, has evolved from aspirational to mainstream, opening a potential knowledge gap among some finance leaders. In fact, in Deloitte’s North American CFO Signals™ survey for the third quarter of 2020, accelerated business digitization, including AI, is one of the top strategic shifts CFOs say their companies

Manage Third Parties With Cutting-Edge Technology – CFO Journal.

by Lucille Avery on January 8, 2021 in Technology Consultant

To address weaknesses in global supply chains exposed by the pandemic, a growing number of organizations are exploring technology solutions to improve their approaches to third-party management.

Significant disruption caused by COVID-19 has become a catalyst for many organizations to reconsider several aspects of how they manage third parties that provide goods and services critical to operations. With large multinational organizations often relying on hundreds or thousands of third parties—including fourth, fifth, or sixth parties—the risks of such extended enterprises went on full display when operations and shipments were curtailed amid efforts to protect people from the virus.

While