RESOURCE - 20 min read
Financial services’ evolving attitude toward risk
Embracing change: How financial institutions are leveraging technology and automation for enhanced risk assessment
The financial services industry is historically risk-averse, but marketing research firm KS&R and PwC's latest risk assessment study indicates changes are afoot. Many financial institutions are taking a broader view of risk assessment, moving beyond regulatory risk, and looking for more business strategy benefits. Increasingly, they’re tapping technology and automation to stay competitive.
Our research highlights:
61% of financial institutions say regulatory compliance can have a large or significant impact on their decision to invest in risk assessment
51% want to improve their ability to operate and grow in a high-risk environment
18% are extremely confident in their institution's current approach to risk assessment.
Don’t let the 18% leave you behind. Learn how to improve risk assessment practices, unlock business opportunities and gain a competitive advantage using technology and automation. Download our white paper today!
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