The evolution of model risk management
An increasing reliance on models, regulatory challenges, and talent scarcity is driving banks toward a model risk management organization that is both more effective and value-centric.
Sustainable compliance: Seven steps toward effectiveness and efficiency
Banks do not control the demand for compliance, but they can optimize the effectiveness and efficiency of their response.
Digital risk: Transforming risk management for the 2020s
Significant improvements in risk management can be gained quickly through selective digitization—but capabilities must be test hardened before release.
Nonfinancial risk today: Getting risk and the business aligned
Both must be deeply involved to avoid costly errors.
Protecting your critical digital assets: Not all systems and data are created equal
Top management must lead an enterprise-wide effort to find and protect critically important data, software, and systems as part of an integrated strategy to achieve digital resilience.
‘The ghost in the machine’: Managing technology risk
Technological risks are becoming more prominent—and more dangerous. Six principles can guide banks as they manage them.
Per McKinsey già quest’anno può ripartire il mercato delle sofferenze
LO SCENARIO - Npl e sistema bancario italiano.
Transforming enterprise risk management for value in the insurance industry
Leading insurers are retooling the role of their risk function from incident response and compliance to an essential partner in advancing the business strategy.
SREP: How Europe’s banks can adapt to the new risk-based supervisory playbook
The first round of Europe’s new supervisory process is in the books, and the next one is under way. Banks are likely to face new challenges from heightened supervisory expectations.
Price to win under interest-rate liberalization at China’s banks
The central bank has eased interest-rate regulations. To take advantage of the change, institutions must adopt smarter pricing strategies.
Nonfinancial risk: A growing challenge for the bank
With credit and market risks now under better control, the focus is shifting to nonfinancial risks. Managing these well will require big shifts in banks’ practices.
Geostrategic risks on the rise
In a new survey on globalization, the share of executives identifying geopolitical instability as a very important business trend has doubled in two years.
The future of bank risk management
Banks have made dramatic changes to risk management in the past decade—and the pace of change shows no signs of slowing. Here are five initiatives to help them stay ahead.
How private-equity owners lean into turnarounds
PE-backed companies outperform their public counterparts during periods of distress because the owners play a more active role in management.
A best-practice model for bank compliance
Tighter compliance regulations have challenged financial institutions in a variety of ways. Yet those who adapt best may enjoy a distinct competitive advantage.
Taking the stress out of operational-risk stress testing
Financial institutions are facing heightened supervisory scrutiny, but those that establish a structured and calibrated approach to operational-risk stress testing will thrive.