White Paper

The paper explores the applications and challenges of generative AI, highlighting its potential for creative content generation and the need for ethical considerations. It provides insights into leveraging generative AI for business growth while ensuring responsible implementation.

Evalueserve’s view on regulatory technical standards for initial margin model validation under European Markets Infrastructure Regulation.

In June 2022, the Prudential Regulatory Authority (referred as the PRA/ The Regulators henceforth) published its Consultation Paper (CP6/22) on Model Risk Management Principles for financial institutions. With this document, the PRA has set out its expectation on financial institutions’ model risk management and has termed MRM as a risk in its own.

In recent years, the use of machine learning algorithms has become increasingly prevalent in financial institutions for enhancing the analytical and forecasting capabilities of business models, and facilitating automation. Their potential applications include credit underwriting, fraud detection, compliance, and risk management.

Model malfunctioning has been an unexpected consequence of the pandemic, creating a new source of financial risk.

As procurement teams shrink, CPOs are looking at new ways to realize savings, increase spend under management and take a strategic view of sourcing – without increasing headcount.

The Markets in Financial Instruments Directive (MiFID II) is expected to have a global impact on how the buy-side consumes sell-side research.

Database subscriptions are a necessary expense, but many financial services companies are finding they spend more than they need to.