Reported by by Fenergo and PwC The whitepaper “Target Operating Models That Work: From Vision to Value” by Fenergo and PwC presents a detailed framework for designing and executing effective Target Operating Models (TOMs) in financial institutions, particularly to strengthen Client Lifecycle Management (CLM), AML compliance, and operational agility. It emphasizes that TOMs should not […]

Reported by Margot Patrick  (Summary featured below. To read full report, go to: https://www.wsj.com/finance/scam-billionaire-astor-bf8ce715?mod=WTRN_pos1) In 2021, Mexican billionaire Ricardo Salinas Pliego, known for his ownership of TV Azteca and Grupo Elektra, sought to expand his bitcoin portfolio. To fund the move, he arranged $400 million in loans backed by over $1 billion in his own […]