Top 10 op risks: For change management, the cloud is its own weather front
As lenders move legacy banking to the cloud, the risks of getting it wrong are exponentially greater
Risks associated with change management – the things firms do to themselves, as one risk head puts it – have risen to a new high for respondents to this year’s Top 10 Operational Risks survey.
Asked what’s driving change management risk to a record third place, dozens of risk managers point to their firms’ efforts at cloud migration, as they look to future-proof against the endless cycle of installations, upgrades and maintenance of core architecture.
Changes that affect large numbers of
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