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Stock impact report

Congratulations to NatWest for Winning the Celent Model Risk Manager Award of the Year [Yahoo! Finance]

NatWest Group plc American Depositary Shares (NWG) 
Company Research Source: Yahoo! Finance
LONDON March 21, 2024 /PRNewswire/ -- NatWest Group, the UK's largest business bank, has been honored with the Celent Model Risk Manager Award of the Year for its successful initiative to simplify and automate change and risk governance processes. This award recognizes the company's ability to reduce multiple assessment cycle times using patterns of governance. One example being product governance, which has fallen from 4.5 days to less than 20 minutes, marking a key milestone in their 'moonshot' goal of reducing cycle time from 73 days to 73 minutes. "NatWest's exemplary approach showcases a commitment to process excellence and operational efficiency," said Ian Watson , Head of Risk Research at Celent. Watson continued, "utilizing low-code automation as a catalyst for agility and speed, empowering NatWest to unify data in data fabric, swiftly re-engineer workflows, increase automation, and fortify risk controls. This achievement exemplifies a remarkable synergy between strategic f Show less Read more
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