WHY BANKS SHOULD CONSIDER TECHNOLOGY AND DATA TO BE THE ANTIDOTE TO RISK 

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WHY BANKS SHOULD CONSIDER TECHNOLOGY AND DATA TO BE THE ANTIDOTE TO RISK

  • Dr Alfie Lindsey
  • Published: 14 December 2021

 

A financial services organization can be likened to a living organism – and, as with many organisms, technology increasingly offers tools and techniques to enhance its ability to identify and deal with threats. Risk management is multi-faceted.

An organization needs to deal internally with threats as the body’s immune system does, with its many different parts working together to ensure the host/organization remains protected and viable. 

Data is the lifeblood of risk management, and there are increasingly powerful tools available to look deep within an organization and assess developments in real-time. 
 
Our paper explores how banking Chief Risk Officers can monitor potential risks within their organization and then leverage tools to counter threats. 
 
Contact Dr Alfie Lindsey (Risk, Sales and Trading Lead), Tom Leach (Head of Finance and Risk) or Peter Kennedy (Head of Technology) to find out more about how Capco can support organizations monitor potential risks within their organization and then leverage tools to counter threats.