The impact of the global financial crisis continues to reverberate, even seven years out. While initial efforts to manage risk focused mainly on oversight, increased “policing” is clearly only part of the answer.
The reality is inescapable: the term “risk management” has taken on an entirely new meaning, in terms of functionality, scope and influence. Once considered largely a diagnostic tool, risk management must now become preventive medicine.
This white paper explores innovative new solutions which are currently reshaping the way leading financial institutions think about, identify, manage and respond to risk.