IBM Promontory

In a #PostLibor world, SOFR Academy developed two benchmarks to address the risks associated with unsecured bank-debt funding, and turned to IBM Promontory for help making them compliant with International Organization of Securities Commissions - IOSCO principles. In our case study, we explore how, with IBM Promontory’s deep regulatory expertise, SOFR Academy was able to make enhancements to help bring two trustworthy, compliant, and credit-sensitive benchmark frameworks to the market. Read more: https://ibm.co/3YIpOVU

Join our expert, Maya Wilson, at Money20/20. She will share insights on “Leveraging #GenAI to Mitigate Regulatory Enforcement Actions” during a 10-minute session. Explore the latest trends, learn from industry leaders, and connect with like-minded professionals. Learn more: https://ibm.co/4hkqJmH

Regulators are cracking down on #ThirdPartyRiskManagement. Recent enforcement actions show that institutions that don't prioritize #DueDiligence, ongoing monitoring, and risk assessments are at risk of regulatory action. Learn how to improve your third-party risk management program with IBM Promontory. Our experts can help you assess your AML program, develop governance and risk mitigation procedures, and more. Read our blog: https://ibm.co/4eclFOV

Thank you to our fantastic cohosts at NICE Actimize for their collaboration on this event.

OFAC’s recent actions spotlight how #sanctions compliance professionals should address new enforcement themes including: effective geolocation controls, third-party screening lists, and sanctions violations stemming from M&A. Read more in Currents: https://lnkd.in/gntSFPru

On Tues., March 19 at 2 pm ET, join Judith Pinto along with her colleagues, Gary Cole and Siva Anne, for an exclusive virtual session on #AIGovernance. In this session, learn how #FinancialServices providers can govern their AI and comply with regulators. Register: https://ibm.co/4cob2Zx. #RegulatoryCompliance

Financial institutions are seeking new solutions to improve risk management efficiency and insights. In Vantage Point, we explore how governance, risk, and compliance (GRC) platforms are being evaluated for their potential benefits. Learn more: https://ibm.co/3Tgt6x2. #riskmanagement

Tomorrow, Feb. 27, join Keith Sjostrom and other distinguished experts at 1LoD’s Financial Crime Summit in New York, for a panel discussion on how to leverage technology to transform the KYC process. Learn more: https://ibm.co/48vuKPB

On Feb. 13, FinCEN issued a notice of a proposed rule to combat illicit finance and national security threats in the investment adviser sector, which signals a significant change. Learn more about the key implications of this rule and more, in #FromTheDeskOf by Conway Dodge and James Larkins: https://ibm.co/48u2jBA

On February 12, the FFIEC stated that discrimination or bias in residential property valuations or appraisals impairs supervised entities’ compliance safety and soundness consumer laws and will likewise impact the outcomes of Consumer Compliance Examinations and Safety and Soundness Examinations. As anticipated by our Currents article, “Regulators are Focused on Appraisal Bias Risk — Are You?” IBM Promontory has been actively working with institutions to take action to identify and mitigate appraisal bias and improve Fair Lending compliance programs. You can view the FFIEC's statement here: https://lnkd.in/gNWxJgrk; and our Currents article here: https://lnkd.in/gUkqHMhh