The internal audit function plays a critical role by providing independent assurance to the board and senior management and helping the audit committee and senior management evaluate the institution’s processes for managing and monitoring risk. This knowledge center supports internal auditors working in financial services by providing practical resources, including articles, podcasts, webinars, tools, and research focused on regulatory developments, technology trends, organizational complexity, and today’s evolving risk and control challenges.
The internal audit function can provide forward-looking assurance that helps financial institutions navigate economic, technological, and geopolitical uncertainties.
Strengthen assurance over fintech activities including use of AI, cybersecurity, compliance, and third-party relationships.
The Banking as a Service (BaaS) business model, where licensed banks partner with technology companies to provide financial services, has provided new economic opportunities for banks, faster speed to market for tech companies and innovative new products and services for customers.
Strengthen your model risk management (MRM) framework with this guide and its companion tool. As organizations increasingly rely on complex models to drive decisions and meet regulatory standards across multiple industries, the risk of model errors grows.
