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Your AI Took the Meeting Minutes. Who Checked Its Work?

November 3, 2026 | Agrawal Anant


A meeting ends at 11:00. Before 11:01, everyone has a transcript, a summary of what was discussed, a list of decisions, and even a set of action items. The interesting part is that nobody had to take notes nor did they have to spend 20 minutes cleaning them up afterward. The person who missed the meeting is going to read the recap in a few minutes and move on with their day. It’s easy to understand why we’re starting to…

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Your AI Took the Meeting Minutes. Who Checked Its Work?

A meeting ends at 11:00. Before 11:01, everyone has a transcript, a summary of what was discussed, a list of…

November 3, 2026

Why Banks Need Validated Software From Vendors, Not Internally Vibe-Coded Apps

A widely cited MIT study published in July 2025, “The GenAI Divide: State of AI in Business 2025,” analyzed 300…

November 3, 2026

AI Risk Management and AI Compliance in Banking: The Five Governance Pillars Examiners Already Expect

In its May 2026 Semiannual Risk Perspective, the OCC warned that AI is “significantly transforming” the cybersecurity and risk landscape…

November 2, 2026

Building an AI Policy That Works

Artificial intelligence is moving faster than most corporate policy processes were designed to handle. That is especially true in financial…

September 7, 2026

SR 26-2 Changes Model Risk Management. EUC Governance Needs to Change With It.

The banking industry has spent the better part of fifteen years building model risk management programs around SR 11-7. Earlier…

August 19, 2026

SR 26-2 Regulates Your Models, Not Your AI Agents: What Banks Need to Know

On April 17, 2026, the Federal Reserve, the OCC, and the FDIC issued the first overhaul of model risk management…

August 6, 2026

AI-Enabled EUC Risk Management: Where Artificial Intelligence Actually Moves the Needle

End-user computing (EUC) risk management has always been a scale problem. Spreadsheets, Access databases, scripts, and standalone models multiply faster…

July 29, 2026

What Are the Key Benefits of Using AI for Regulatory Compliance?

The short answer: AI helps regulated organizations process complex requirements faster, reduce manual error, generate audit-ready documentation, and surface risk…

June 11, 2026

The New SR 26-02 Guidance from the OCC

The new MRM guidance didn’t just update SR 11-7. It exposed a much bigger problem. For years, model risk management…

April 28, 2026

Is Your Spreadsheet Data AI-Ready?

Studies show that 90% of spreadsheets contain errors. If your AI models are trained on or use this flawed data,…

March 18, 2026

Compliant AI: AI Agents, AI Validation, & Full End-to-End AI Lifecycle Management Suite

Industry's First Compliant End-to-End AI Lifecycle Suite Validation and compliance are significant cost drivers for enterprises. Though Agentic AI can…

December 5, 2025

Generative AI

What is Generative AI? Generative AI, a transformative technology, gained widespread attention with the launch of ChatGPT and GPT-4 in…

April 24, 2025
Shadow AI

Managing the Risks of Shadow AI

What is Shadow AI Shadow AI is the use of AI within an organization without the knowledge of or oversight…

July 13, 2024
ai-technology

Fraud Detection: AI Risk Management

What is fraud detection and why is risk mitigation important? The prevalence of fraudulent activities presents a major problem to…

May 31, 2024
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Understanding SS1/23 Principles for Model Risk Management (MRM)

Understanding SS1/23 Supervisory Statement 1/23 is a regulation by the PRA on Model Risk Management (MRM) for banks within the…

May 15, 2024
Shadow AI

Shadow AI: What is it and How to Manage the Risk from it?

What is it? Shadow AI refers to the use of AI Applications or Models being used within an organization without…

December 11, 2023
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Automated AI Risk Assessment & Mitigation

Financial institutions are rapidly adopting AI within their inventory of complex models. We believe, along with most internal auditors and…

November 10, 2023

A Quick Snapshot of the White House Executive Order on the Safe, Secure and Trustworthy Development and Use of Artificial Intelligence (Issued October 30, 2023)

The recent Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence marks a significant step towards regulating…

November 9, 2023

PRA Issues Supervisory statement SS1/23: Model Risk management principles for banks

Author: Adrian Maconick, Director of UK Sales and Marketing The Prudential Regulatory Authority (PRA) has issued a new supervisory statement…

November 9, 2023
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The Startling Reality of Errors of Accounting: Why They Happen and How to Prevent Them

Errors of accounting are comparable to weeds in a garden—easy to overlook but potentially disastrous if left unattended. The majority…

October 19, 2023
excel

Are you going to ignore your spreadsheet risk, or address it?​

Regardless of the size of your company every finance organization uses spreadsheets. To some degree, Accounting, Treasury, Tax, and FP&A…

March 13, 2023
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Spreadsheets: A True Love Story

Nowadays we take spreadsheets for granted. Their power is simply at our fingertips. But it wasn't always this way. How…

February 14, 2022
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The London Interbank Offered Rate – commonly known as LIBOR – will expire by December 31, 2021. The move is…

March 10, 2021
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What provides the Lowest Total Cost of Ownership (TCO) – Best of Breed Packaged Software vs. an Internally Developed Solution?

Anyone who has bought computer systems over the last 30 years has come up against the same dilemma – shall…

July 6, 2020
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CIMCON Support for BaFin Requirements

At the start of November 2017, BaFin published the Supervisory Requirements for IT in Financial Institutions (Bankaufsichtliche Anforderungen an die…

February 26, 2020
model risk management

EUC Risk Management & Controls in the Cloud

Is your organization moving towards cloud computing solutions? If so, these initiatives can typically be viewed as two different types…

July 11, 2019
model risk management

How to Safeguard your Data in Excel

There are numerous, well-publicized incidents of data loss and data breach associated with the use of spreadsheets. This perpetual information…

June 3, 2019
model risk management

Is SharePoint a cost-effective solution for EUC and Model Inventory Management?

Having an accurate and up to date inventory of models (whether they are spreadsheet-based or other) is the foundation of…

April 18, 2019
spreadsheets

Don’t be Headline News: Protect the PII Under Your Control

There should be no schadenfreude experienced after the news reports of BlackRock accidentally leaking a spreadsheet containing the PII (personally identifiable information)…

January 29, 2019
spreadsheets

2019 Perspectives: Reducing Spreadsheet & Other End-User Computing Risk

Do you think that any of your critical business processes are vulnerable to a spreadsheet error? Or perhaps, has the…

January 10, 2019
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