As financial institutions prepare for the upturn, they are likely to begin a phase of heavy investment in technology infrastructure and data integration to potentially obtain a more comprehensive view of the risks they are managing. As we move towards that future, the nexus among risk, business analytics and information technology is likely to grow more critical as organizations look to enhance their capabilities to support the decisions of top management and the board.
How can financial institutions develop a more integrated, enterprise-wide approach to managing risk and data across the enterprise? Are there technologies, business analytic techniques and software applications that can be leveraged to improve automation, minimize redundant reporting, and improve scale? The Center examines the convergence of risk, analytics and information technology and provides financial institutions with insight and possible strategies in the featured research and insights below.