Creating value: Effective risk management in financial services
This briefing, the 15th report in the PricewaterhouseCoopers Global Financial Services Briefing Programme, examines
risk management issues within the financial services industry. Financial institutions have devoted considerable time and resources to risk management over the past few years, often in response to regulatory initiatives such as Basel II, Sarbanes-Oxley and others. But how effective is the risk management function at adding value to the business?
The research effort for this briefing comprised two global initiatives:
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The EIU and PricewaterhouseCoopers conducted a special on-line survey of senior executives in financial institutions on the subject of risk management. Executives from over 420 institutions in the Americas, Asia and Europe participated in the survey which was conducted during December 2006 and January 2007.
- The EIU held over 12 one-to-one interviews with senior executives at financial institutions in the Americas, Asia and Europe.
In addition to the global briefing, we have also developed an
Asia specific version (2.67mb) with comparisons to other regions. The Executive Summary for the global briefing is also available in
Chinese (199kb) and
Japanese (177kb).