Skip to main content
Skip to footer
Click here or press enter to go to homepage Click here or press enter to go to homepage
  • What we do
  • Who we are
  • Insights
  • Careers
  • Newsroom
  • Investors
  • Worldwide
Contact us
tata.com logotata.com logoOpen in New Tab
  • Perpetually Adaptive Enterprise Press tab for submenu items

    Where adaptability meets advantage

    At TCS, we don’t just help businesses transform. We help them become perpetually adaptive enterprises, built to evolve continuously and confidently in a world of constant change.

    Adaptability starts here
  • Industries
    • Banking
    • Capital Markets
    • Consumer Packaged Goods and Distribution
    • Communications, Media, and Information Services
    • Education
    • Energy, Resources, and Utilities
    • Healthcare
    • High Tech
    • Insurance
    • Life Sciences
    • Manufacturing
    • Public Services
    • Retail
    • Travel and Logistics
  • Services
    • Artificial Intelligence and Data & Analytics
    • Cloud
    • Cognitive Business Operations
    • Consulting
    • Cybersecurity
    • Enterprise Solutions
    • IoT and Digital Engineering
    • Network Solutions and Services
    • TCS Interactive
    • Sustainability Services
  • Products and Platforms
    • TCS ADD™
    • TCS BANCS™
    • TCS BFSI Platforms
    • TCS CHROMA™
    • TCS Customer Intelligence & Insights™
    • TCS ERP on Cloud
    • ignio™
    • TCS iON™
    • TCS HOBS™
    • TCS Intelligent Urban Exchange™
    • TCS OmniStore™
    • TCS Optumera™
    • TCS Tap™
    • Quartz™ – The Smart Ledgers™
    • TCS TwinX™
    • TCS MasterCraft™
    • Jile™
    • TCS DigiBOLT™
    • TCS AI WisdomNext™
  • Research & Innovation
    • TCS Research
    • TCS Pace™
  • Alliances
Perpetually Adaptive Enterprise
  • Industries expand here
    • Banking
    • Capital Markets
    • Consumer Packaged Goods and Distribution
    • Communications, Media, and Information Services
    • Education
    • Energy, Resources, and Utilities
    • Healthcare
    • High Tech
    • Insurance
    • Life Sciences
    • Manufacturing
    • Public Services
    • Retail
    • Travel and Logistics
  • Services expand here
    • Artificial Intelligence and Data & Analytics
    • Cloud
    • Cognitive Business Operations
    • Consulting
    • Cybersecurity
    • Enterprise Solutions
    • IoT and Digital Engineering
    • Network Solutions and Services
    • TCS Interactive
    • Sustainability Services
  • Products and Platforms expand here
    • TCS ADD™
    • TCS BANCS™
    • TCS BFSI Platforms
    • TCS CHROMA™
    • TCS Customer Intelligence & Insights™
    • TCS ERP on Cloud
    • ignio™
    • TCS iON™
    • TCS HOBS™
    • TCS Intelligent Urban Exchange™
    • TCS OmniStore™
    • TCS Optumera™
    • TCS Tap™
    • Quartz™ – The Smart Ledgers™
    • TCS TwinX™
    • TCS MasterCraft™
    • Jile™
    • TCS DigiBOLT™
    • TCS AI WisdomNext™
  • Research & Innovation expand here
    • TCS Research
    • TCS Pace™
  • Alliances
    • About Us Press tab for submenu items

      We deliver excellence and create value for customers and communities.

      Our expert, committed team put our shared values into action – every day. With the best talent and the latest technology we help customers turn complexity into opportunities and create meaningful change.

      Discover the difference
    • Brand
    • Leadership
    • Community
    • Sustainability
    • Inclusion
    • Values
    About Us
  • Brand
  • Leadership
  • Community
  • Sustainability
  • Inclusion
  • Values
    • Customer Stories Press tab for submenu items

      Discover why customers choose TCS

      We are a digital transformation and technology partner of choice for industry-leading organizations worldwide.

      Read our customer success stories.
    • Events

      Upcoming events

      29 Sep 2025 TCS BaNCS and Quartz at SIBOS 2025, Frankfurt
      22 Sep 2025 TCS Life Sciences Forum 2025 London
      18 Sep 2025 TCS Life Sciences Forum: Redefining Patient-centric Clinical Trials
      View all
    • Analyst Recognition

      Recent recognitions

      01 Aug 2025 TCS a Leader in Experience-Led HR Transformation Services: NelsonHall
      17 Jul 2025 TCS a Leader in Life and Annuities Insurance BPS and Third-Party Administrator Services: Everest Group
      15 Jul 2025 TCS Recognized as a Leader in Healthcare Provider Digital Services by Everest Group
      View all
    • Global Studies
    Customer Stories
  • Events
  • Analyst Recognition
  • Global Studies
    • Seize the future Press tab for submenu items

      Want to be a global change-maker? Join our team.

      At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.

      Join us
    • India
      • India
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Chile
      • Colombia
      • Ecuador
      • Mexico
      • Peru
      • Uruguay
      • USA
    • Asia Pacific
      • Australia
      • Mainland China
      • Hong Kong SAR
      • Indonesia
      • Japan
      • Malaysia
      • New Zealand
      • Philippines
      • Republic of Korea
      • Singapore
      • Chinese Taipei
      • Thailand
    • Europe and UK
      • Belgium
      • Denmark
      • Estonia
      • Finland
      • France
      • Germany
      • Hungary
      • Ireland
      • Italy
      • Luxembourg
      • Netherlands
      • Norway
      • Poland
      • Portugal
      • Spain
      • Sweden
      • Switzerland
      • United Kingdom
    • Middle East and Africa
      • Bahrain
      • Israel
      • Kuwait
      • Qatar
      • Saudi Arabia
      • South Africa
      • United Arab Emirates
    Seize the future
  • India expand here
    • India
  • Americas expand here
    • Argentina
    • Brazil
    • Canada
    • Chile
    • Colombia
    • Ecuador
    • Mexico
    • Peru
    • Uruguay
    • USA
  • Asia Pacific expand here
    • Australia
    • Mainland China
    • Hong Kong SAR
    • Indonesia
    • Japan
    • Malaysia
    • New Zealand
    • Philippines
    • Republic of Korea
    • Singapore
    • Chinese Taipei
    • Thailand
  • Europe and UK expand here
    • Belgium
    • Denmark
    • Estonia
    • Finland
    • France
    • Germany
    • Hungary
    • Ireland
    • Italy
    • Luxembourg
    • Netherlands
    • Norway
    • Poland
    • Portugal
    • Spain
    • Sweden
    • Switzerland
    • United Kingdom
  • Middle East and Africa expand here
    • Bahrain
    • Israel
    • Kuwait
    • Qatar
    • Saudi Arabia
    • South Africa
    • United Arab Emirates
    • Press Releases Press tab for submenu items

      Find the latest news about TCS

      Stay up-to-date on all press announcements by TCS

      Discover more
    • News Alerts

      Recent News

      29 Aug 2025 TCS Features in UN Report on Role of Marketing in Achieving Sustainable Growth
      22 Aug 2025 TCS Partners with Google Cloud to Accelerate AI-Driven Innovation in the Financial Services Industry
      12 Aug 2025 International Youth Day: TCS Youth Employment Program upskills 185,000 youth over 15 years
      View all
    • Media Kit
    Press Releases
  • News Alerts
  • Media Kit
    • Investor Relations Press tab for submenu items

      Tata Consultancy Services Limited
      NSE:TCS
      INR
      Discover more Q1FY26 Debrief
    • Management Commentary
      • Latest Quarter Commentary
      • Annual Report Section
    • Financials
      • Quarterly Earnings Reports
      • Download TCS Data Sheet
      • Erstwhile CMC Financials
    • News and Events
      • Press Releases
      • Corporate Actions
      • Events
      • Calendar
    • ESG
      • Environment
      • Social
      • Governance
      • Policies and Reports
      • Stakeholder Engagement and Enterprise Risk Management
    • Resources
      • Investor FAQs
      • eTDS Portal
      • Stock Information
      • Analyst Coverage
      • Subsidiaries
      • Subscribe to Investor Updates
      • Unclaimed Dividend Information
    Investor Relations
  • Management Commentary expand here
    • Latest Quarter Commentary
    • Annual Report Section
  • Financials expand here
    • Quarterly Earnings Reports
    • Download TCS Data Sheet
    • Erstwhile CMC Financials
  • News and Events expand here
    • Press Releases
    • Corporate Actions
    • Events
    • Calendar
  • ESG expand here
    • Environment
    • Social
    • Governance
    • Policies and Reports
    • Stakeholder Engagement and Enterprise Risk Management
  • Resources expand here
    • Investor FAQs
    • eTDS Portal
    • Stock Information
    • Analyst Coverage
    • Subsidiaries
    • Subscribe to Investor Updates
    • Unclaimed Dividend Information
    • Worldwide Press tab for submenu items

      Global knowledge. Local support

      At TCS, we help enterprises grow through innovative solutions globally. Adapt and thrive with us.

      Discover more
    • Regions
      • India
      • Asia Pacific
      • Australia and New Zealand
      • Europe
      • Middle East and Africa
      • North America
      • United Kingdom and Ireland
    • Local Language Sites
      • France
      • Germany
      • Japan
      • Mainland China
      • Netherlands
      • Norway
      • South Korea
      • Sweden
    Worldwide
  • Regions expand here
    • India
    • Asia Pacific
    • Australia and New Zealand
    • Europe
    • Middle East and Africa
    • North America
    • United Kingdom and Ireland
  • Local Language Sites expand here
    • France
    • Germany
    • Japan
    • Mainland China
    • Netherlands
    • Norway
    • South Korea
    • Sweden
  • Click here or press enter to go to homepage Click here or press enter to go to homepage Opens in new tab tata.com logo tata.com logoOpen in New Tab
    What we do
    • Perpetually Adaptive Enterprise Press tab for submenu items

      Where adaptability meets advantage

      At TCS, we don’t just help businesses transform. We help them become perpetually adaptive enterprises, built to evolve continuously and confidently in a world of constant change.

      Adaptability starts here
    • Industries
      • Banking
      • Capital Markets
      • Consumer Packaged Goods and Distribution
      • Communications, Media, and Information Services
      • Education
      • Energy, Resources, and Utilities
      • Healthcare
      • High Tech
      • Insurance
      • Life Sciences
      • Manufacturing
      • Public Services
      • Retail
      • Travel and Logistics
    • Services
      • Artificial Intelligence and Data & Analytics
      • Cloud
      • Cognitive Business Operations
      • Consulting
      • Cybersecurity
      • Enterprise Solutions
      • IoT and Digital Engineering
      • Network Solutions and Services
      • TCS Interactive
      • Sustainability Services
    • Products and Platforms
      • TCS ADD™
      • TCS BANCS™
      • TCS BFSI Platforms
      • TCS CHROMA™
      • TCS Customer Intelligence & Insights™
      • TCS ERP on Cloud
      • ignio™
      • TCS iON™
      • TCS HOBS™
      • TCS Intelligent Urban Exchange™
      • TCS OmniStore™
      • TCS Optumera™
      • TCS Tap™
      • Quartz™ – The Smart Ledgers™
      • TCS TwinX™
      • TCS MasterCraft™
      • Jile™
      • TCS DigiBOLT™
      • TCS AI WisdomNext™
    • Research & Innovation
      • TCS Research
      • TCS Pace™
    • Alliances
    Perpetually Adaptive Enterprise
  • Industries expand here
    • Banking
    • Capital Markets
    • Consumer Packaged Goods and Distribution
    • Communications, Media, and Information Services
    • Education
    • Energy, Resources, and Utilities
    • Healthcare
    • High Tech
    • Insurance
    • Life Sciences
    • Manufacturing
    • Public Services
    • Retail
    • Travel and Logistics
  • Services expand here
    • Artificial Intelligence and Data & Analytics
    • Cloud
    • Cognitive Business Operations
    • Consulting
    • Cybersecurity
    • Enterprise Solutions
    • IoT and Digital Engineering
    • Network Solutions and Services
    • TCS Interactive
    • Sustainability Services
  • Products and Platforms expand here
    • TCS ADD™
    • TCS BANCS™
    • TCS BFSI Platforms
    • TCS CHROMA™
    • TCS Customer Intelligence & Insights™
    • TCS ERP on Cloud
    • ignio™
    • TCS iON™
    • TCS HOBS™
    • TCS Intelligent Urban Exchange™
    • TCS OmniStore™
    • TCS Optumera™
    • TCS Tap™
    • Quartz™ – The Smart Ledgers™
    • TCS TwinX™
    • TCS MasterCraft™
    • Jile™
    • TCS DigiBOLT™
    • TCS AI WisdomNext™
  • Research & Innovation expand here
    • TCS Research
    • TCS Pace™
  • Alliances
  • Who we are
    • About Us Press tab for submenu items

      We deliver excellence and create value for customers and communities.

      Our expert, committed team put our shared values into action – every day. With the best talent and the latest technology we help customers turn complexity into opportunities and create meaningful change.

      Discover the difference
    • Brand
    • Leadership
    • Community
    • Sustainability
    • Inclusion
    • Values
    About Us
  • Brand
  • Leadership
  • Community
  • Sustainability
  • Inclusion
  • Values
  • Insights
    • Customer Stories Press tab for submenu items

      Discover why customers choose TCS

      We are a digital transformation and technology partner of choice for industry-leading organizations worldwide.

      Read our customer success stories.
    • Events

      Upcoming events

      29 Sep 2025 TCS BaNCS and Quartz at SIBOS 2025, Frankfurt
      22 Sep 2025 TCS Life Sciences Forum 2025 London
      18 Sep 2025 TCS Life Sciences Forum: Redefining Patient-centric Clinical Trials
      View all
    • Analyst Recognition

      Recent recognitions

      01 Aug 2025 TCS a Leader in Experience-Led HR Transformation Services: NelsonHall
      17 Jul 2025 TCS a Leader in Life and Annuities Insurance BPS and Third-Party Administrator Services: Everest Group
      15 Jul 2025 TCS Recognized as a Leader in Healthcare Provider Digital Services by Everest Group
      View all
    • Global Studies
    Customer Stories
  • Events
  • Analyst Recognition
  • Global Studies
  • Careers
    • Seize the future Press tab for submenu items

      Want to be a global change-maker? Join our team.

      At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.

      Join us
    • India
      • India
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Chile
      • Colombia
      • Ecuador
      • Mexico
      • Peru
      • Uruguay
      • USA
    • Asia Pacific
      • Australia
      • Mainland China
      • Hong Kong SAR
      • Indonesia
      • Japan
      • Malaysia
      • New Zealand
      • Philippines
      • Republic of Korea
      • Singapore
      • Chinese Taipei
      • Thailand
    • Europe and UK
      • Belgium
      • Denmark
      • Estonia
      • Finland
      • France
      • Germany
      • Hungary
      • Ireland
      • Italy
      • Luxembourg
      • Netherlands
      • Norway
      • Poland
      • Portugal
      • Spain
      • Sweden
      • Switzerland
      • United Kingdom
    • Middle East and Africa
      • Bahrain
      • Israel
      • Kuwait
      • Qatar
      • Saudi Arabia
      • South Africa
      • United Arab Emirates
    Seize the future
  • India expand here
    • India
  • Americas expand here
    • Argentina
    • Brazil
    • Canada
    • Chile
    • Colombia
    • Ecuador
    • Mexico
    • Peru
    • Uruguay
    • USA
  • Asia Pacific expand here
    • Australia
    • Mainland China
    • Hong Kong SAR
    • Indonesia
    • Japan
    • Malaysia
    • New Zealand
    • Philippines
    • Republic of Korea
    • Singapore
    • Chinese Taipei
    • Thailand
  • Europe and UK expand here
    • Belgium
    • Denmark
    • Estonia
    • Finland
    • France
    • Germany
    • Hungary
    • Ireland
    • Italy
    • Luxembourg
    • Netherlands
    • Norway
    • Poland
    • Portugal
    • Spain
    • Sweden
    • Switzerland
    • United Kingdom
  • Middle East and Africa expand here
    • Bahrain
    • Israel
    • Kuwait
    • Qatar
    • Saudi Arabia
    • South Africa
    • United Arab Emirates
  • Newsroom
    • Press Releases Press tab for submenu items

      Find the latest news about TCS

      Stay up-to-date on all press announcements by TCS

      Discover more
    • News Alerts

      Recent News

      29 Aug 2025 TCS Features in UN Report on Role of Marketing in Achieving Sustainable Growth
      22 Aug 2025 TCS Partners with Google Cloud to Accelerate AI-Driven Innovation in the Financial Services Industry
      12 Aug 2025 International Youth Day: TCS Youth Employment Program upskills 185,000 youth over 15 years
      View all
    • Media Kit
    Press Releases
  • News Alerts
  • Media Kit
  • Investors
    • Investor Relations Press tab for submenu items

      Tata Consultancy Services Limited
      NSE:TCS
      INR
      Discover more Q1FY26 Debrief
    • Management Commentary
      • Latest Quarter Commentary
      • Annual Report Section
    • Financials
      • Quarterly Earnings Reports
      • Download TCS Data Sheet
      • Erstwhile CMC Financials
    • News and Events
      • Press Releases
      • Corporate Actions
      • Events
      • Calendar
    • ESG
      • Environment
      • Social
      • Governance
      • Policies and Reports
      • Stakeholder Engagement and Enterprise Risk Management
    • Resources
      • Investor FAQs
      • eTDS Portal
      • Stock Information
      • Analyst Coverage
      • Subsidiaries
      • Subscribe to Investor Updates
      • Unclaimed Dividend Information
    Investor Relations
  • Management Commentary expand here
    • Latest Quarter Commentary
    • Annual Report Section
  • Financials expand here
    • Quarterly Earnings Reports
    • Download TCS Data Sheet
    • Erstwhile CMC Financials
  • News and Events expand here
    • Press Releases
    • Corporate Actions
    • Events
    • Calendar
  • ESG expand here
    • Environment
    • Social
    • Governance
    • Policies and Reports
    • Stakeholder Engagement and Enterprise Risk Management
  • Resources expand here
    • Investor FAQs
    • eTDS Portal
    • Stock Information
    • Analyst Coverage
    • Subsidiaries
    • Subscribe to Investor Updates
    • Unclaimed Dividend Information
  • Worldwide
    • Worldwide Press tab for submenu items

      Global knowledge. Local support

      At TCS, we help enterprises grow through innovative solutions globally. Adapt and thrive with us.

      Discover more
    • Regions
      • India
      • Asia Pacific
      • Australia and New Zealand
      • Europe
      • Middle East and Africa
      • North America
      • United Kingdom and Ireland
    • Local Language Sites
      • France
      • Germany
      • Japan
      • Mainland China
      • Netherlands
      • Norway
      • South Korea
      • Sweden
    Worldwide
  • Regions expand here
    • India
    • Asia Pacific
    • Australia and New Zealand
    • Europe
    • Middle East and Africa
    • North America
    • United Kingdom and Ireland
  • Local Language Sites expand here
    • France
    • Germany
    • Japan
    • Mainland China
    • Netherlands
    • Norway
    • South Korea
    • Sweden
  • Contact us
    tata.com logo tata.com logo Opens in new tab
    Top Results
    Showing
    10
    01 - 07
    • Insights
    • Global studies

    BFSI: RiskTech to drive competitive edge

    TCS-Chartis Research – Insights for banking, capital markets, and insurance

    Report
    Share Risktech: Effective Risk Management in BFSI
    Linkedin
    X
    Facebook
    Email
    copied

    You have these already downloaded

    We have sent you a copy of the report to your email again.

    Industries

    Banking This will open an overlay

    Banking Services Transformation: Unlocking Exponential Value

    TCS’ solutions help banks and FIs push traditional boundaries and build cognitive banking enterprises for better value, resilience, and inclusivity. Learn more.
    Learn More
     about Banking Services Transformation: Unlocking Exponential Value
    pae-banking-card
    Related Insights
    Future-proofing the KYC Process with Generative AI Technologies
    The CFOs need to enhance the financial planning and analysis frameworks and leverage agentic AI to make informed decisions and help businesses adapt to changes.
    Blog
    29 Aug 2025
    Tariff War and the Role of BFSI CFOs in Navigating the Uncertainties
    The CFOs need to enhance the financial planning and analysis frameworks and leverage agentic AI to make informed decisions and help businesses adapt to changes.
    Blog
    29 Aug 2025
    TCS Finance Transformation Services for better functions and processes
    TCS’ expertise in finance transformation, gap analysis, and digital solutions helps BFSI firms improve operations and ensure zero regulatory fines. Know more.
    Solution
    27 Nov 2023
    TCS BFSI Platforms This will open an overlay

    TCS BFSI Platform: Transforming Financial Services for Better CX

    TCS BFSI Platforms is a cloud-native, as-a-service digital ecosystem that helps FIs and insurance firms overcome challenges and deliver superior CX. Learn more.
    Learn More
     about TCS BFSI Platform: Transforming Financial Services for Better CX
    dutch-pr-card-1330x1270
    Related Insights
    Ecosystem Approach to Customer Communication Management in Insurance
    In a digital world, insurers must adopt an ecosystem approach and modern tech for a multi-pronged, multi-channel, personalized customer engagement. Learn more.
    Blog
    20 Aug 2025
    Bancolombia Reaps Greater Revenues through Digital Transformation
    Through its digital transformation strategies and the TCS MFDM™ framework, TCS has helped Grupo Bancolombia earn greater revenues and an ROI ratio of 1:13
    Customer Testimonial
    16 Jun 2020
    Ecosystems in Annuity for Seamless Retirement Planning & Investment
    As annuity needs evolve, L&A carriers must adopt an ecosystem approach to educate customers on annuity products & for effective account consolidation. Know more.
    White Paper
    09 Jun 2021
    Insurance This will open an overlay

    Reinventing the Insurance Industry with a Digital-first Strategy

    TCS’ solutions, powered by AI and automation technologies, help leverage partner ecosystems and drive innovation in insurance for business agility and growth.
    Learn More
     about Reinventing the Insurance Industry with a Digital-first Strategy
    old-insurance-card
    Related Insights
    Adopting AI Technologies to Transform Disability Insurance Claims
    Learn how a combination of digital tools and composite AI technologies help insurers ensure better claims handling and management and timely flow of benefits.
    White Paper
    01 Sep 2025
    TCS BaNCS™ Health Insurance
    TCS helps reimagine the health insurance value chain by providing solutions for underwriting, claims, policy management, and more, driving agility and resilience.
    Solution
    29 Apr 2025
    TCS BaNCS™ for Reinsurance
    Learn how TCS’ intelligent, extensible reinsurance solution automates key processes across the insurance value chain such as insurance underwriting and claims management.
    Solution
    29 Apr 2025

    Managing emerging risks in BFSI: an uphill battle

    In the banking, financial services, and insurance (BFSI) sector, firms are struggling with emerging risks such as cyber, climate, operational resilience, and supply chain, among others.

    While BFSI firms are constantly upgrading their models and infrastructures to accommodate new regulatory requirements, evaluating emerging risks poses big challenges. Diverse methodologies and a large number of vendors operating in this space further complicate the issue. 

    Our research focused on the state of RiskTech adoption in the BFSI industry and how firms can leverage it to better manage emerging risks and gain a competitive edge. We also examined how firms in the three sub-sectors of the BFSI industry—banking and financial services, capital markets, and insurance—are utilizing RiskTech in mitigating emerging risks. The research and analysis is contained in a series of four reports:

    • BFSI report – an overarching view of key findings and recommendations. Download the full report
    • Banking report – a deep dive into the banking results and the level of RiskTech adoption. Click here for more
    • Capital markets report – a detailed analysis of how broker dealers and capital markets firms are using RiskTech. Click here for more
    • Insurance report – an extensive review of the risk landscape and RiskTech adoption. Click here for more
    Key findings: BFSI

    Key findings: BFSI

    Close
    Key findings: BFSI
    Key findings: BFSI

    A changing risk environment

    Structural barriers, new risks, challenges created by rapid digital transformation, and regulatory uncertainty in some areas have come together to create a continually shifting risk environment in the BFSI industry. Amid rising IT and cyber risks (over 80% regard them as ‘highly significant’, especially for data privacy and operational resilience), strategic risks, supply chain and climate risks as well as industry- and geographic-specific risks, firms are ramping up investments in an array of non-financial risk management tools.

    Evolving Risks

    Evolving Risks

    Close
    Evolving Risks
    Evolving Risks

    Obstacles in managing emerging risks

    We asked BFSI firms about the main concerns they face in addressing emerging risks.

    Top Challenges

    Top Challenges

    Close
    Top Challenges
    Top Challenges

    RiskTech: now and future

    BFSI firms have relied on technology to effectively address emerging risks. Yet, their adoption is not uniform across different types of risk. Further, GenAI implementations are largely limited to pilots indicating that there is much more to accomplish on the road to maturity.

    Now and the Future

    Now and the Future

    Close
    Now and the Future
    Now and the Future

    BFSI firms and regulatory bodies are equally focused on managing emerging risks though there is no consensus on methodologies, tools, and techniques as yet. In terms of RiskTech adoption and focus, emerging risk areas signal signs of maturity even as modeling, tools, and techniques are at an evolutionary stage.

    About the research

    TCS and Chartis Research jointly conducted a study of banking, financial services, and insurance (BFSI) organizations on emerging risk types and the role of RiskTech. We surveyed 152 BFSI firms, predominantly large and mid-sized firms, with a diverse institutional mix across the BFSI spectrum. Our interview respondents included CEOs, board members, chief risk officers (CROs), heads of IT risk and a range of other risk and regulatory leads. 

    To support our quantitative survey, we also conducted more in-depth qualitative interviews of 54 institutions spread across banking, capital markets, and insurance. These institutions are distributed across Europe, North America, and Asia.

    Related reading

    Swipe Left
    Swipe Right

    Adopting a multi-layered approach to fight fraud and scams

    Blog | 19 Sep 2024   Opens in new tab

    Climate data collection framework for effective risk management

    White Paper | 25 Oct 2024   Opens in new tab

    Integrated Risk Appetite and Financial Crime Risk Controls Assessment

    White Paper | 19 Nov 2024   Opens in new tab

    Greenwashing in Financial Services: Why it Matters and What to do

    White Paper | 10 Dec 2024   Opens in new tab
    Accessibility Adjustments

    Theme

    Font size

    A
    Default
    A

    Line height

    Default

    Connect with us

    Register your email to get the latest insights and updates delivered straight to your inbox.

    Email

    Thank you! We'll be in touch with you shortly.

    Oops! Something went wrong!

    Looks like we are experiencing some connectivity issues. Please try after some time.

    Tata consultancy services
    ©2025 TATA Consultancy Services Limited
    ©2025 TATA Consultancy Services Limited
    • Privacy Notice
    • Cookie Policy
    • Accessibility Declaration
    • Disclaimer
    • Security Policy
    • California Notice at Collection
    • Customize Cookies
    More
    • Facebook Facebook   Open in New Tab
    • Youtube Youtube   Open in New Tab
    • Twitter-X Twitter-X   Open in New Tab
    • Instagram Instagram   Open in New Tab
    • linkedin linkedin   Open in New Tab
    Contact Contact Press Enter to open an overlay
    What’s on your mind?
    We’re here to help! Tell us what you’re looking for and we’ll get you connected to the right people.
    Request for Services
    Investor information
    Media contacts
    Looking for something else?
    Analyst relations
    CSR
    Partnership
    Website feedback