Tuesday, 25 June 2024

Best Operational Risk Technology Implementation goes to Bank of Singapore

5 min read

By The Asian Banker

The winning bank launched the Risk Surveillance Engine, significantly enhancing operational risk management in private banking business by monitoring surveillance on dealer and trade communication channels, abnormal trading patterns, and unusual front office activities. This advanced enterprise-wide platform processes both structured and unstructured data with 80% accuracy, with notable increase in efficiency and cost savings. 

For this achievement the award for Best Operational Risk Technology Implementation goes to Bank of Singapore. 



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