Risk Markets Technology Awards 2020 winners' review

Advances in technology are often a double-edged sword. For banks, the past couple of years have brought tremendous leaps in the ability to capture, manipulate and apply large volumes of data to everyday decisions; but it has been accompanied by a step-change in demand and expectations.

Whether those expectations are being set by regulators, by clients, or by businesses trying to get ahead of their competitors, banks are feeling the pressure – and in some cases, are cracking.

These pressures were a key theme in this year’s Risk Markets Technology Awards, with many of the 180 submissions focusing – at least in part – on the creative ways in which vendors are trying to help.