One misstep – say a compliance problem or data breach – can jeopardise customer confidence, raise the ire of regulators, and result in costly fines. And that’s especially unwelcome news for an industry already contending with decreasing margins and increasing competition from non-traditional sources in a rapidly digitising world.
These days, there is no patience or forgiveness for disparate risk management systems that obscure the truth.
The complex risks of financial services firms need to be viewed collectively, not individually. You must be able to connect the dots between all risks to make intelligent decisions that will achieve your goals. And a growing number of financial services firms are turning to Enterprise Risk Management to do just that.
This e-book will help you understand what ERM is, why it’s worthwhile, and how to begin holistically managing risks and opportunities in a truly integrated way.