The FCA’s Consumer Duty puts vulnerable customers at the forefront of regulatory scrutiny. Is your firm ready to meet these rising expectations? Our latest article provides actionable insights on embedding vulnerability into every aspect of your operations—from product design to customer support. Learn how to assess your current practices, close compliance gaps, and improve outcomes for vulnerable customers. Access the full article: https://www.capco.com/Intelligence/Capco-Intelligence/consumer-duty-time-to-revisit-customer-vulnerability #CustomerVulnerability #ConsumerDuty #FinancialServices #Compliance #CustomerExperience
As the insurance industry continues to evolve at a rapid pace, stringent cost management is essential for insurers' profitability. Yet, they face significant challenges from changing customer preferences, evolving regulations and rising operational costs. 💲📉 In this edition of our #GenAI series, we explore how AI can reduce costs in three use cases. Find out how to cut costs ➡️ https://www.capco.com/intelligence/capco-intelligence/efficient-insurance-operations-how-ai-helps-drive-down-costs Authors: @Souma Basu, @Mohammad Ibrahim, @Sean Butler, MBA, @Matthew Norden, CRIS, CSPO #Insurance #CostManagement #AI #Technology
Heading to Money 20/20 in Las Vegas later this month? Let's connect to discuss insights and explore opportunities to collaborate! To schedule a meeting, please reach out to @Teuta Doko Naghshineh, @Glenn Kurban, @Daniela Hawkins, or @Julien Bonnay who will be in attendance. Learn more how we can drive success together by exploring Capco's Banking & Payments offerings ➡️ https://www.capco.com/industries/banking-and-payments and exciting lineup of events we have planned with Wipro 👉https://www.wipro.com/events/money-2020-conference-in-las-vegas-nv/ We look forward to connecting! #Banking #Payments #Financialservices #Events #genai
Capco’s Quarterly Surveillance Newsletter – Edition 2 (2024) is here: https://www.capco.com/intelligence/capco-intelligence/quarterly-surveillance-newsletter-2024-edition-2 Stay updated on the latest in surveillance and compliance, including: - Key insights from the FCA’s AI Surveillance TechSprint - Regulatory updates like FCA’s MarketWatch 79 and recent shadow trading cases - Industry thought leadership from Capco’s Journal of Financial Transformation Discover how AI is reshaping the surveillance landscape and more! Download now or reach out to discuss your surveillance needs. #Surveillance #Compliance #AI #FinancialCrime #RegTech #Capco
🚀 The GenAI series continues: https://www.capco.com/Intelligence/capco-intelligence/implementing-ai-in-mortgage-originations Executives across industries and sectors globally are increasingly leveraging AI as a lever for competitive advantage, and lending is no exception. Our new article highlights how AI can drive significant productivity improvements in mortgage originations, shaping the future of the industry. 🏡📈 Authors: @Zac Ross, @Cody Jenkins, @Jack DeMarco #AI #GenAI #Lending #Productivity #FinancialServices
Heightened regulatory scrutiny targets banks' data management procedures, revealing a new era of oversight. Discover how to seamlessly adapt to the new regulations and practices by reading our latest blog👉 https://www.capco.com/intelligence/capco-intelligence/renewed-regulatory-focus-data-governance-for-banks Implementing these best practices enables financial institutions to comply with regulations, mitigate penalties, and manage data risks through a comprehensive data governance framework. Authors: @Matthew Petrak, @Daisy Kansakar, @Varun Putchala #DataGovernance #DataManagement #CapitalMarkets #Data #BestPractices
🚀 Achieve a smoother, more reliable transition. Enhance performance and future-proof your systems! 🌐 Read our new white paper: https://www.capco.com/Intelligence/capco-intelligence/automated-cobol-unit-testing-with-generative-ai #TechInnovation #COBOL #GenerativeAI
Non-Financial Risks: An Urgent Focus As the EBA and Ba their oversight, the importance of non-financial risks (NFRs) for financial institutions has escalated. However, the absence of a unified NFR taxonomy leads to diverse strategies across the industry. Our newest article delves into these variations and provides insights on establishing an effective NFR framework. ✅ Learn more here: https://www.capco.com/Intelligence/Capco-Intelligence/nfr-taxonomy #Finance #RiskManagement #NFR #EBA #BaFin
🎙️ Catch the latest Spilling the T @SheCanCode podcast! 🎧 Listen now: https://www.capco.com/intelligence/capco-intelligence/what-if-your-ai-could-be-both-ethical-and-effective This episode dives deep into ethical AI with @Capco experts, exploring critical issues like bias, governance, and diversity. If you're passionate about building a responsible tech landscape, this conversation is a must-hear. #SpillingTheT #EthicalAI #TechDiversity #AIResponsibility #TechPodcast
Born and raised in Belgium with a Turkish background, Furkan expertly balances his consulting role at Capco with managing a construction company alongside his father. Despite early challenges in the job market, Furkan found his path in financial services consulting, where he now combines his passions for consulting and wealth management. Capco's focus on financial services drew him in, and he’s flourished in an environment that values entrepreneurship, offers growth opportunities, and aligns projects with individual interests. Learn more about Furkan’s journey: https://www.capco.com/Careers/Meet-Our-People/Furkan
