Risk and reward: Why getting your risk data into shape will lead to business rewards

Risk and reward: Why getting your risk data into shape will lead to business rewards

In this survey, we analyze the current state of financial institutions’ preparedness for regulatory requirements, and examine their data-management initiatives. Through our survey, we also aim to understand the key challenges affecting FIs with respect to regulatory reporting; the key factors governing success of the risk-management processes; and the importance of data governance.

The research for the Risk & Data Governance survey was undertaken by the Center for Financial Professionals, an impartial and independent financial research and events organizer. The Center for Financial Professionals carried out the research in two stages. The first stage consisted of an online questionnaire targeted at financial risk- and data-management professionals, which generated close to 300 responses. The process also included a number of screener questions to ensure that the most appropriate professionals were targeted. The second stage consisted of a number of one-on-one targeted interviews with C-level executives.

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