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Two trends are driving increased risk management investment [Report]

Nearly 90% of financial services firms say they're planning to increase spending on risk management in the next two years, according to a new report by Accenture.

By Tim Sprinkle | Updated on May 11, 2015
Nearly 90% of financial services firms say they're planning to increase spending on risk management in the next two years, according to a new report by Accenture. (Photo: Shutterstock/ Nonwarit)

These are turbulent times for the financial services industry.

Not only are shifting market conditions and the ever-evolving regulatory landscape creating new hurdles for firms, but the series of outside risks facing financial services risk managers has never been more complex. Now these professionals need to address business interuption, reputation and other traditional risks, as well as cyber terrorism, fraud and other 21st-century threats.

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