Conduct Risk is a Huge Showstopper for Banks – Here’s How We Can Stop It
Keep (mis)conduct risk at bay with Big Data analytics and resilient IT systems
Employee misconduct can not only result in huge monetary losses for a bank, but be quite damaging for the firm’s reputation as well. An effective mitigation strategy comprises a robust organizational culture with strong accountability within a bank’s risk culture. Big Data analytics supported by a resilient IT and governance framework will be imminent.