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Transforming Risk Management

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"Transforming Risk Management"

There is now an urgent need for banks and financial institutions to update risk management. Instead of evaluating threats in silos, banks must understand how different events are interconnected, and identify risks rapidly. This report explores the urgent need for banks to modernize risk management and key findings from a survey of 300 global banks.

There is now an urgent need for banks and financial institutions to update risk management. Instead of evaluating threats in silos, banks must understand how different events are interconnected, and identify risks rapidly and respond immediately with data-based analyses.

This report explores the urgent need for banks to modernize risk management and key findings from a survey of 300 global banks, including:

• 75% plan to increase investment in technology infrastructure
• 77% intend to invest in integrated balance sheet management
• Only 17% report widespread use of generative AI for risk management

Discover the risk management trends and recommendations for improving resilience by downloading the report.


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