Skip to main content
Mobile
  • Finance, Accounting & Economics
  • Global Business Management
  • Management, Leadership & Organisation
  • Marketing & Sales
  • Strategy
  • Technology & Operations
HS Talks HS Talks
Subjects  
Search
  • Notifications
    Notifications

    No current notifications.

  • User
    Welcome Guest
    You have Limited Access The Business & Management Collection
    Login
    Get Assistance
    Login
    Forgot your password?
    Login via your organisation
    Login via Organisation
    Get Assistance
Finance, Accounting & Economics
Global Business Management
Management, Leadership & Organisation
Marketing & Sales
Strategy
Technology & Operations
Practice paper

A new season in the risk landscape: Connecting the advancement in technology with changes in customer behaviour to enhance the way risk is measured and managed

Cecilia Gejke
Journal of Risk Management in Financial Institutions, 11 (2), 148-155 (2018)
https://doi.org/10.69554/OFID2803

Abstract

The risk management puzzle is becoming more multifaceted with increased focus on geopolitical risks, regulatory changes and new participants entering the financial markets, including Fintech and non-regulated bank-like entities. Customers are also changing their behaviour with the evolving market environment and launch of new financial products and applications. In parallel, the technology scene and IT capabilities have advanced significantly, providing opportunities to create tools that can enhance the way risk is measured and managed. In this new and highly dynamic environment, how can banks best manage risk? A complex challenge is present with numerous paths and buzzwords such as Blockchain, machine learning and robotic process automation (RPA) to navigate. The industry, including the risk management function, needs to embrace the technical environment and recognise both its potential and its limitations. Technology enhancements benefit from a holistic view, combining subject matter expertise across multiple areas. Even the smartest cognitive system requires oversight to ensure relevance of data and the patterns observed to make business decisions. Market movements and concentrations may be ascribed to artificial intelligence and machine learning models going forward, and risk managers need to be able to navigate this space and manage the underlying risk factors. Connecting the dots and recognising that risk comes in multiple shapes and form, it can still be identified along with preventative actions.

Keywords: interest rate risk in the banking book (IRRBB); behavioural modelling; liquidity; cognitive technology; Blockchain

The full article is available to subscribers to the journal.

Already a subscriber? Login or review other options.

Author's Biography

Cecilia Gejke is a risk manager who gained a background in material physics before joining the world of finance and risk management. She has a broad experience from North American, European and Nordic financial institutions, where she has worked across the various risk disciplines and regulatory regimes with a focus on capital, liquidity, and balance sheet management and strategy with holistic stress testing as a favourite tool.

Citation

Gejke, Cecilia (2018, March 1). A new season in the risk landscape: Connecting the advancement in technology with changes in customer behaviour to enhance the way risk is measured and managed. In the Journal of Risk Management in Financial Institutions, Volume 11, Issue 2. https://doi.org/10.69554/OFID2803.

Options

  • Download PDF
  • Share this page
    Share This Article
    Messaging
    • Outlook
    • Gmail
    • Yahoo!
    • WhatsApp
    Social
    • Facebook
    • X
    • LinkedIn
    • VKontakte
    Permalink
cover image, Journal of Risk Management in Financial Institutions
Journal of Risk Management in Financial Institutions
Volume 11 / Issue 2
© Henry Stewart
Publications LLP

The Business & Management Collection

  • ISSN: 2059-7177
  • Contact Us
  • Request Free Trial
  • Recommend to Your Librarian
  • Subscription Information
  • Match Content
  • Share This Collection
  • Embed Options
  • View Quick Start Guide
  • Accessibility

Categories

  • Finance, Accounting & Economics
  • Global Business Management
  • Management, Leadership & Organisation
  • Marketing & Sales
  • Strategy
  • Technology & Operations

Librarian Information

  • General Information
  • MARC Records
  • Discovery Services
  • Onsite & Offsite Access
  • Federated (Shibboleth) Access
  • Usage Statistics
  • Promotional Materials
  • Testimonials

About Us

  • About HSTalks
  • Editors
  • Contact Information
  • About the Journals

HSTalks Home

Follow Us On:

HS Talks
  • Site Requirements
  • Copyright & Permissions
  • Terms
  • Privacy
  • Sitemap
© Copyright Henry Stewart Talks Ltd

Personal Account Required

To use this function, you need to be signed in with a personal account.

If you already have a personal account, please login here.

Otherwise you may sign up now for a personal account.

HS Talks

Cookies and Privacy

We use cookies, and similar tools, to improve the way this site functions, to track browsing patterns and enable marketing. For more information read our cookie policy and privacy policy.

Cookie Settings

How Cookies Are Used

Cookies are of the following types:

  • Essential to make the site function.
  • Used to analyse and improve visitor experience.

For more information see our Cookie Policy.

Some types of cookies can be disabled by you but doing so may adversely affect functionality. Please see below:

(always on)

If you block these cookies or set alerts in your browser parts of the website will not work.

Cookies that provide enhanced functionality and personalisation. If not allowed functionality may be impaired.

Cookies that count and track visits and on website activity enabling us to organise the website to optimise the experience of users. They may be blocked without immediate adverse effect.