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This study aims at understanding aspects related to digitalization within Risk Management and
finding enablers and use cases utilized for that purpose within Financial Services Institutions.
The research follows a qualitative approach using semi structured expert interviews. With 12
experts interviewed, it was concluded that factors such as data governance, legacy systems and
conservativism within Risk Management play a major role in the lag of digitalization within
the risk function. This Work Project identified the enablers of Cloud Computing and Big Data
to be already important in the market, Machine Learning as growing more important but not
being widely adopted yet, whilst Blockchain Technology is still being viewed as enabler with
little adoption in the context of Risk Management.
Descrição
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Financial services Risk management Digitalization Corporate governance
