Banking: the role of risktech in effectively managing emerging risks and driving competitive edge

Banking: the role of risktech in effectively managing emerging risks and driving competitive edge

This white paper covers the joint global survey, conducted by Chartis Research and TCS, on banking, financial services and insurance firms. The survey found that banks are struggling to adapt to evolving risks and regulatory requirement increases given the broad structural changes the industry has undergone. These changes have led to a restructuring of the risk landscape, which is the reason behind these adaptation struggles. Chartis offers two ways for insurers to combat these problems. 

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