De-risking Risk in Financial Services

Why banks fail

After a decade of relative calm, a series of sharp and sudden failures hit the banking industry hard. They’ve prompted many post-mortem analyses, discussions, and regulatory recommendations. But are other institutions really taking the lessons learned to heart?

Four steps to comply with the updated BCBS239 regulations

Banks have spent millions on BCBS239 compliance, but they aren’t yet in the clear. In case you missed it, the ECB recently published new guidance that updates the decade-old regulation. Here are the four actions that we recommend firms take to meet the latest BCBS239 rules.

The refinancing cliff: what it is, how it affects you, and how to survive it

The world is facing a “refinancing cliff”, with businesses paying billions of additional dollars per year due to the effect of higher interest rates. But few of the senior execs charged with coordinating their firms’ responses have professional experience of such a macroeconomic environment.

How lenders can scale the refinancing cliff

We surveyed 500 CFOs, financial directors, and senior treasurers in the US and UK to uncover how prepared businesses are to scale the refinancing cliff.

Steering your risk management in the right direction

What can financial organisations do to steer a safe course through a complex, fast-moving risk landscape? It all starts with a resilient risk framework.

Staying the course: strategies for managing intra-day liquidity

We take a deeper look at how organisation can apply Formula 1 strategies to manage their intra-day liquidity needs more effectively.

Four steps to building a firmer risk framework

What steps does an organisation need to take to evolve its risk framework? We share four key areas to focus on to build a firmer risk management framework.

Add a little "Red Bull" to your risk management

What parallels can be drawn between financial services and Formula 1? We look at how firms can apply Formula 1 thinking to their risk management strategy.

The importance of culture for risk management

When we ask Chief Risk Officers (CROs) what they are worried about, they usually mention specifics like geopolitical risk, credit risk, and cybersecurity risk. But their biggest blind spot is often the most important factor that influences how these risks are managed: culture.

Why organisational culture could be your biggest risk management blind spot

To survive and thrive in a constantly shifting risk landscape, financial institutions need to build a risk culture that is comprehensive, integrated and agile.

Modernising your 3LOD and risk culture

Financial services' risk functions can’t continue to rely on the same old strategies and solutions. Here are three key questions FS firms should ask to make sure their organisational culture is prepared to meet volatility.

Tackling your emerging risks

No one can know for certain what the future holds. But that’s no excuse for being unprepared when the worst does happen. We uncover how to build strong defences against emerging risks.

Seeing the unforeseen: how financial services firms can better prepare for emerging risks

We share the steps financial services firms need to take to start building a framework for identifying and addressing emerging risks.

When risks converge, do you know how your financial dominoes will play out?

Addressing the interconnection between risks isn’t just prudent; it's essential for firms to safeguard their financial stability and remain resilient in an increasingly unpredictable world. But how can organisations go about building that all-important view of interconnecting risks and their potential impacts?