This IDC Financial Insights report examines the principal risk directions of the C-suite risk advisory in 27 leading banks across 12 markets in the Asia/Pacific region, garnered from the exclusive, closed-door 2011 FICO APAC CRO Forum. This report also highlights the findings from a comprehensive follow-up survey, the 2011 FICO APAC CRO Forum Research Survey, conducted on the delegates in December 2011, regarding the existing and future risk management technology undertakings of their respective institutions.
"The shifting financial climate will force chief risk officers (CROs) in distinctive regional markets to rethink their approaches toward credit risk management and fraud mitigation. Regulatory, competitive, and consumer dynamics will each underscore the scarcity of capital, as banks deliberate on the tradeoffs between countercyclical innovation and reinforcement of critical risk systems," says Sui-Jon Ho, associate market analyst, IDC Financial Insights
Business Strategy: Reassessing Risk for a Global Financial Transition: High...
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