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CECL Compliance – Time it right

Newgen Software

The rider on the CECL Compliance mandate – banks need to maintain reserves for all loan types, impaired or not. A much-needed huddle of chief credit officers, chief financial officers, chief risk officers, chief information officers, compliance officers, and business intelligence officers to prepare for the future. Carrot or stick?

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You Must Comply! Why You Need Proactive Open-Source License Compliance

Prisma Clud

Despite the obvious risk, maintaining license compliance is no small feat. Before we discuss how to get visibility into your open-source licenses and maintain compliance, let’s take a step back and define some key terms. Now that we’ve covered license compliance 101, let’s jump into what noncompliance looks like.

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Your Safety Net Is on Fire: Time to Pull the Plug on SQL Server 2008

Datavail

A percentage of DBAs won’t be in a party-friendly frame of mind that week, though, because just a few days later, July 9, 2019, Microsoft will end its extended support for SQL Server 2008. If you’re still running SQL Server 2008 for at least some of your workloads, you have a stark choice to make and worryingly little time to make it.

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Back to the Financial Regulatory Future

Cloudera

It’s hard to believe it’s been 15 years since the global financial crisis of 2007/2008. While this might be a blast from the past we’d rather leave in the proverbial rear-view mirror, in March of 2023 we were back to the future with the collapse of Silicon Valley Bank (SVB), the largest US bank to fail since 2008.

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Regulatory scrutiny is good for the future of software

TechCrunch

To understand what I mean, let’s look at the global financial crisis of 2007-2008 and the ensuing regulation of the financial services industry. Banks were forced to respond by making new and significant investments in risk and compliance management systems.

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SonarSource raises $412M to scan codebases for bugs and vulnerabilities

TechCrunch

” SonarSource was incorporated in 2008, and one of its first products was the open source program SonarQube. That’s a promise to a risk or compliance department,” Gaudin said. That’s a promise to a risk or compliance department.

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AI Regulations for Financial Services: OCC

Perficient

This mitigates the risk of customer service representatives providing incorrect information and ensures compliance with regulatory disclosures, ultimately enhancing the overall customer experience while reducing costs.