Today, Accenture
published a study showing that disruptive technologies such as blockchain and AI are the fastest growing pain points for risk managers of financial firms.
The sixth edition of the “Accenture 2019 Global Risk Management Study” was published by the consultancy firm after surveying almost 700 risk management executives at banks, insurance companies and capital markets firms around the globe.
About 72% of the participants said complex risks were emerging faster than ever before. Moverover, many risks are not interconnected making them tough to manage. Risk managers said they were most concerned that adopting AI, blockchain, and robotic process automation (RPA) will have unintended consequences.
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Image Copyright: Accenture