Press Mentions

Strategic Risk: Financial Firms Face a Risk Reckoning

Atul Vashistha Written by Atul Vashistha

Adapt your TPRM to changing regulations and risk
The ongoing COVID-19 crisis has shined a bright spotlight on the relationship between risk management and financial institutions. Given the widespread disruption experienced in 2020, we can expect several major changes to emerge in the coming year, with a risk regulation overhaul leading the pack.

New findings from this year’s Regulatory & Risk Management Indicator survey, which illustrates the overall level of regulatory and risk management pressures that US banks and credit unions face, shows an eight-point increase on the Main Indicator Score from the previous year.

In this article, Atul Vashistha of Supply Wisdom discusses the imminent regulatory changes and how financial industry leaders can take proactive steps with continuous, real-time risk monitoring.