The evolving role of risk function in universal banks
Risk intermediation used to be simple and straightforward, but the variety and diversity of credit institutions has exploded. Almost every major risk organization is highly fragmented, with sometimes hundreds of individual CROs in larger institutions, in what can be often confusing combinations of roles and responsibilities.
This TCS-Chartis research report reveals that the role of the CRO function is increasingly being shaped by the need to manage a broad range of complex risks coming from a variety of businesses.
For organizations looking to transform their CRO function due to the evolving nature of the business landscape, this report offers:
The report also discusses the impact of various styles of risk intermediation, how to tackle them and re-engineer credit models.