The COVID-19 pandemic has revealed unexpected flaws in the business models that banks rely upon. How can they best address this challenge?
Look closer at model risk management since SR11-7 and understand the main themes shaping the MRM space.
The answer is yes - but only if leaders start embracing technological social responsibility (TSR) as a new business imperative for the AI era.
As cybersecurity threats compound the risks of financial crime and fraud, institutions are crossing functional boundaries to enable collaborative resistance.