These days, change is the name of the game. The need to stay on top of threats and to govern and manage risk evolves on an ongoing basis. Pan here for gold standards.
The rapid changes taking place in the financial services industry have significant implications for how financial services organizations govern and manage risk. There is a need and an opportunity to re-examine and enhance most organizations’ strategies, processes, and infrastructures for measuring performance and analyzing risk.
Financial institutions should fundamentally enhance the way they govern and manage risk.