Automation has emerged as one of the most significant technological advancements of the 21st century. As industries worldwide have started using automation, financial institutions face increasing pressure to become more efficient, cut costs, and improve productivity....
Blogs
Big data analytics in real estate: How is this a game-changer for the real estate industry?
Big data is reshaping industries across the globe, including the real estate industry. The sector is witnessing a shift to big data analytics to make their operations easier, improve decision-making, and improve customer experiences. According to a report by...
What Is GRC, GRC Solutions, And GRC Tool: A Brief
With the rise of regulatory policies and scrutinies, staying compliant isn't just an option—it’s a necessity. Governance, Risk, and Compliance (GRC) refers to the processes and systems companies use to ensure they meet all legal and regulatory requirements. GRC...
What are PHI and ePHI?
If you are associated with an organization subject to HIPAA (Health Insurance Portability and Accountability Act), chances are that you’ve often come across the terms PHI and ePHI. But what exactly are they, and is there a difference between them? And how do you...
Impact of Big Data Analytics In Banking Sector
The banking sector has always been data-driven, processing millions of transactions daily. With nearly half of the world’s adult population using digital banking, financial institutions now have a huge volume of real-time data at their disposal. Digital banking is on...
What Is Cyber Security Monitoring And Why Is It Important?
Everyone in today’s world is turning digital to stay up with society and technology. However, there have been incidents of data breaches at various businesses that have resulted in significant losses. Cyber security monitoring is now a major concern for every company,...
Impact of Artificial Intelligence in the Banking sector: How is AI transforming the banking industry?
Artificial Intelligence has become an integral part of the most demanding and fast-paced industries. Artificial intelligence (AI) and Machine Learning (ML) in the manufacturing industry have produced many incredible results by increasing efficiency to a sky-high...
Understanding the Stages of the Data Processing Cycle: A Comprehensive Guide
The entire virtual world is a form of data that is continuously being processed. This processing is supplied to the user as part of a cycle known as the data processing cycle. The availability and processing of data are key to the growth of several sectors such as...
Data Warehouse Applications: Technology Made Simple
A data warehouse is a tool for gathering business data from many sources. Every sector has a strong foundation for using data warehouses, which combine structured and unstructured data from many sources for business intelligence, analytical reporting, forecasting, and...
A Comprehensive Guide on Internal Audit Automation
The golden age of automation has dawned, bringing with it possibilities for integrating robotic process automation (RPA) into the third line of defense, also known as Internal Audit. Internal Audit departments of all sorts have already commenced their voyage toward...