Analytics

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Transforming Anti-Money Laundering through usage of Artificial Intelligence: insights and experiences

Focus on Anti-Money Laundering (AML) compliance is gaining prominence given the rising incidences of financial crimes and the innovative ways being used by money launderers to bypass existing checks. At the same time, institutions have struggled with the efficiency and cost of existing processes, which involve high levels of manual and repetitive tasks, that are […]

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ifrs17

Strategic and Operational Impact of IFRS 17

INTRODUCTION The International Accounting Standards Board (the Board) issued the standard IFRS 17 in May 2017. This standard sets out the requirements that insurers should comply with in reporting information about insurance contracts issued, reinsurance contracts held and investment contracts with discretionary participation features. Effective January 1, 2022 many regulators have already started directing the […]

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ifrs9

IFRS 9: managing provisions in IFRS 9 world

IFRS 9 as a standard has brought in transformation in the way banks and financial institutions have been operating . The fundamental change has been in terms of ex-ante recognition and disclosure of the risk as opposed to ex-post disclosures under IAS 39. It has forced financial institutions to be more prudent and transparent in the […]

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digital transformation

How the consumer goods industry can take the digital challenge head-on

Marketers from the Consumer Goods industry have traditionally defined the avant-garde in marketing & brand building for decades. They were the gold standard in using traditional ATL media to communicate their brand proposition directly to current & potential consumers.  However, this bastion is now under significant threat.  This is driven primarily by three forces: The […]

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