Deloitte survey concludes that financial institutions are placing more emphasis on risk management

14 Aug

An interesting article summarising the results of a survey run by our former colleagues at Deloitte. In short, the survey concludes that the majority of financial institutions are investing more heavily in governance, risk and compliance activity and that boards are devoting more time to reviewing risk.

Interesting to note that one of the key areas of concern for organisations is the technology used to support risk management. Less than 25% of institutions rate their technology systems as extremely or very effective.