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The Need for Speed: DoD’s “Software Fast Track” Targets Bureaucracy at Mach 2

JD Supra: Mergers

Launched via an April 24 memo from Acting DoD CIO Katie Arrington, the DoD’s Software Fast Track (SWFT) Initiative entered a 90‑day sprint to redefine Accelerating the Authority to Operate (ATOs), aiming to replace the outdated Risk Management Framework (RMF) with AI‑enabled, continuous compliance workflows.

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RBI Dy Guv calls for better risk management, governance at banks

Business Standard - FInance

The RBI has been urging banks to adopt effective risk management practices and strengthen their governance standards to avoid financial instability

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Why aren’t you running a Risk Register?

Beyond M&A

In addition to digital technology, Tech Due Diligence must look at the ‘boring’ areas of risk and governance. This means assessing key documents such as a risk register, risk mitigation plan, business impact analysis, incident response plans, etc. There are numerous reasons why: It’s good practice.

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Eurex focused on harmonising onto one risk management framework

The TRADE

Michael Peters At a recent roundtable, Deutsche Börse Group derivatives exchange, Eurex, shared its plan to harmonise onto one risk management infrastructure over the next two years. Almost a decade ago, back in 2014, Eurex clearing was a leading innovator when it came to real-time risk management.

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Covasant Technologies Announces Strategic Merger with Texas-based konaAI, and California-based DCube Data Sciences Corp to Drive Accelerated Agentic AI Adoption in Enterprise Risk Management

Global Newswire by Notified: M&A

The Texas-based company today announced the formal merger, which unites its AI-led services with the deep expertise of konaAI, a leader in AI-driven fraud-risk and compliance technology, and DCube Data Sciences Corporation, a specialist in cybersecurity and eDiscovery.

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PSBs profit tripled to Rs 1.04 trn in 9 yrs; need to continue momentum: FM

Business Standard - FInance

lakh crore due to initiatives taken by the government and underlined the need for continuing the momentum to fuel economy. Inaugurating the corporate office of Punjab and Sind Bank here, the minister said that banks need to "build on laurels" by following the best corporate governance principles.

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Hedge funds told to strengthen liquidity preparedness for margin and collateral calls

The TRADE

The first three recommendations focus on enhancing liquidity risk management practices and governance. FSB’s report highlights the critical balance between margin and collateral calls as necessary risk management measures and their potential to amplify liquidity demand during periods of stress.

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