Moving from ‘stitching’ to strategizing
CRO function in buy-side firms have risk platforms comprising highly specific components from independent suppliers and vendors that are ‘stitched’ together. This necessitates strong integration capabilities while working in a complex ecosystem. As buy-side firms take on ever more diverse risk with new challenges, the CRO's role is rapidly changing—from being a gatekeeper to a strategist—with a strong demand for real-time risk and portfolio analytics.
Key trends and areas of growth include: