Tag : AI risk management

ValidMind-Secures-$8.1-Million-to-Bring-More-Trust-and-Transparency-to-AI-in-Financial-Services
Artificial Intelligence Fintech News

ValidMind Secures $8.1 Million to Bring More Trust and Transparency to AI in Financial Services

Business Wire
by Business Wire0181
This funding will advance ValidMind’s go-to-market plans and establish it as a long-term partner to its customers in financial services. With this round, ValidMind’s total funds raised are $11.1 million. ValidMind, the leading next-generation AI and model risk management platform for financial services, today announced it has raised $8.1 million......
Investment Firms Overlook AI as a Cybersecurity Risk and Remain Wary About SEC Cybersecurity Enforcement and Compliance with New Rules, Survey Reveals
Finance Fintech Investments News

Investment Firms Overlook AI as a Cybersecurity Risk and Remain Wary About SEC Cybersecurity Enforcement and Compliance with New Rules, Survey Reveals

Business Wire
by Business Wire0121
Nearly 40% of compliance professionals from asset management, investment adviser, and private markets firms have yet to evaluate Artificial Intelligence (AI) as a cybersecurity risk, while 44% have concerns about how the SEC’s new cybersecurity rules will be enforced. Nearly 40% of compliance professionals from asset management, investment adviser, and......
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