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What are the effective responses to tomorrow's banking risks?
Effective responses to tomorrow's banking risks
How banks can balance risks and innovation in an evolving landscape.
What risks do banks face now and tomorrow – and how can the industry respond? While this question was once easy to answer, today, fast-changing technological, social and market developments make the landscape harder to read.
In this report, we attempt to bring some clarity to the picture, looking at emerging risks in depth, from cybercrime to societal impact of automation, and exploring some of the ways in which market participants and regulators are responding. It also explores potential responses and solutions, including:
· Exploiting data while transforming firm culture
· Agility driven by acquisition and innovative technologies
Read the full report here.
© 2020 KPMG LLP, a UK limited liability partnership, and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative, a Swiss entity. All rights reserved.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.
