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Anjani Kumar

Managing Climate Change Risks: Key Actions for Financial Institutions

“Every company, investor, & bank that screens new & existing investments for climate risk is simply being pragmatic” - Jim Yong Kim (Former President, World Bank) As per Prudential Regulation...

16 Apr 2020
Financial Risk Management
Anjani Kumar

Why financial institutions must heed the climate change risks?

"If you really think that the environment is less important than the economy, try holding your breath while you count your money." – Dr. Guy R. McPherson (award-winning scientist, professor ...

16 Mar 2020
Financial Risk Management
Anjani Kumar

Key Ingredients for Implementing Successful Holistic Trade Surveillance

In an earlier article, I had explained why there is a need for financial institutions (FIs) to implement holistic trade surveillance. However, implementing it is easier said than done. FIs need to th...

19 Jun 2019
Trends in Financial Services
Anjani Kumar

Why there is need for Holistic Trade Surveillance?

If we think trade abuse and market manipulation is generally passé and that financial institutions (FIs) should no longer worry about rogue trading activities such as those perpetrated in the past by...

27 May 2019
Anjani Kumar

AI and ML in Financial Services Compliance Management: Use Cases for FIs

“Nobody phrases it this way, but I think that artificial intelligence is almost a humanities discipline. It's really an attempt to understand human intelligence and human cognition.” — Sebastian Thrun...

27 Sep 2018
Anjani Kumar

AI and ML in Financial Services Compliance Management: Use Cases for the Regulators

“The real question is, when will we draft an artificial intelligence bill of rights? What will that consist of? And who will get to decide that?” — Gray Scott (futurist, techno-philosopher and amongst...

28 Aug 2018
Anjani Kumar

AnaCredit - Implementation challenges and lessons for the future stages

Background AnaCredit (analytical credit dataset) is a three-stage project that was launched by the European Central Bank (ECB). In April 2014, ECB had announced the establishment of a central credit r...

20 Jun 2018
Banking Regulations
Anjani Kumar

Why regulatory reporting continues to be an Achilles’ heel for FIs?

In response to the 2008 global financial crisis (GFC), financial institutions (FIs) perforce had to undertake numerous corrective actions for restoring their credibility. Transforming their regulatory...

13 Mar 2018
Anjani Kumar

To truly transform KYC and AML operations adopt AI and ML...

In an earlier article entitled “The unquenched longing for a transformed KYC-AML solution” I had talked about the key challenges that financial institutions (FIs) have been facing with regards to the...

11 Sep 2017
Banking Architecture
Anjani Kumar

The unquenched longing for a transformed KYC and AML solution

As per the United Nations Office on Drugs and Crime (UNODC) estimate, each year, across the globe, the value of money that is laundered equate to 2 - 5% of the global GDP. In absolute term, this amou...

05 Sep 2017
Banking Architecture

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