In this month’s Regulatory Intelligence Briefing (RIB), Capco Center of Regulatory Intelligence (CRI) provides thought leadership and actionable intelligence into four of the most topical and pertinent issues facing the financial services industry in risk and compliance. 

It’s an often-peddled fact that over 2.5 quintillion (that’s 18 zeroes) bytes of data are created every day. The pace of data creation is only accelerating, with data buzzwords trailing not far behind. How can firms truly understand ‘the next big thing’, if there’s a new ‘thing’ every fortnight?

What's the benefit of combining robotics and machine learning? In this blog Ricardo Castelli shares how these two substantially different technologies can together empower organizations to revolutionize the way they operate.

Many businesses are using Agile methodologies to meet project goals and transform their organization. However, as Capco’s Ivon Evlogieva shares, there are ‘softer’ features of Agile that organizations can also learn from too.

The Internet of Things (IoT) coupled with artificial intelligence and blockchain each lay the foundation for enhanced interaction between machines. One area with enormous potential is machine-to-machine (M2M) payment systems. Although the application of M2M payment systems provides an opportunity to simplify our lives greatly, M2M payments technology powered by AI and blockchain still needs time to mature.

Neobanks are shaking up traditional banks’ business as usual by offering exciting digital and customer-centric solutions. As this market continues to evolve, Capco’s Evdokia Kardoulaki shares what aspiring neobanks need to consider; the key challenges new players have faced in their journey so far, and the potential issues they could encounter in the near future.

Transferring EEA business to new locations in Europe would require banks to make major changes to their target operating models.  However, in order to reduce operational costs and leverage existing infrastructure in the UK, Brexit impacted banks would prefer to outsource as many processes as possible back to the UK.

Designing the enterprise becomes an ever more important activity as innovation cycles get shorter. Complexity will become unsustainable without a viable approach to Enterprise Architecture, which in practice is often not delivering worthwhile results. The recently initiated, open, and lightweight architectural framework “architecture thinking” promises a more pragmatic approach to EA.

The idea of ‘artificial intelligence’ (AI), in and of itself has become a craze across multiple industries. Solutions featuring AI and machine learning have starred in everything from music streaming services to hamburger restaurants, but it leaves most people begging the question, “How will it affect my industry and my company’s future?”