Banks are transforming themselves to better meet the latest challenges and risks, yet a new survey of global banking executives reveals there’s still a lot more to do.
Risk runs deep in banking. It’s the language banks speak. It’s woven into the industry’s DNA—core to its very existence. Perhaps the greatest risks banks must navigate today relate to technology. Whether it’s an established bank undergoing a digital transformation or a born-in-the-cloud fintech, the way an institution handles technology risks affects its ability to compete in the marketplace.