crspl.info@careedge.in

Category: Tax

An organization can achieve improved business outcomes

An organization can achieve improved business outcomes and growth by utilizing the right technology in conjunction with an Integrated Risk Framework We are in the information saturation era, where information is easily available but effective and timely utilisation of the same via an automated digital framework is always a challenge for organisations. Furthermore, rapidly changing… Continue reading An organization can achieve improved business outcomes

Key turning points which might have led to Silicon Valley Bank failure

However, there are many stories, articles, thoughts about the Silicon Valley Bank’s failure. Trying to capture some of the turning points: Concentration of deposits where major portion of the deposit was from venture capital funding specially in 2020 and 2021 when it was boom for the venture capital funding. During this period when the banking… Continue reading Key turning points which might have led to Silicon Valley Bank failure

Credit Monitoring – Challenges & Solution

Assessing the credit default risk of the borrower and keeping an eye on their behavior has been a key responsibility of the risk monitoring department in numerous banks and financial institutions. Credit frauds totaling thousands of crores and major economic crises (such as global crisis in 2008) show the impact of inadequate risk monitoring. Considering… Continue reading Credit Monitoring – Challenges & Solution

How Predictive Analytics Are Redefining Banking and Financial Services

By 2030, the predictive analytics market is projected to reach $56.11 billion. The Asia-Pacific region is the highest adopter of predictive analytics and is expected to be a key driver of its growth, with a CAGR of 23.4% in the region from 2022 to 2030. This has the potential to completely transform banking operations. Here… Continue reading How Predictive Analytics Are Redefining Banking and Financial Services

Risk and Compliance – improvisations using AI

In the era of digitization, the inclusion of artificial intelligence can be seen in almost all business areas. The advent of data science and machine learning has transformed business analytics by augmenting human intelligence and empowering users to make informed decisions. Among various use cases of Banking Risk and Compliance practice, in which Care Risk… Continue reading Risk and Compliance – improvisations using AI