
Technological advancements drive transformation across all sectors of the global economy, and banking is no exception. This requires banks to take a more dynamic approach to enterprise risk management and adopt strategies that are agile, resilient, and proactive.
The rapid progress in technology, particularly in artificial intelligence (AI) and machine learning (ML), has drastically altered how information flows and how markets react. These technologies enable banks to analyse vast amounts of data in real-time, predict potential risks with greater accuracy, and respond to market changes more swiftly. By leveraging these tools, banks can not only mitigate risks more effectively but also seize new opportunities in an ever-changing environment.
Contents
- Adapting to technology advancements
- The path to efficiency
- Ensuring consistency
- Balancing innovation and compatibility
- Agile risk frameworks