Asia/Pacific Risk 2008 Top 10 Strategic Initiatives

This Financial Insights report discusses our annual analysis of strategic IT initiatives in risk management for Asia/Pacific banking financial service institutions (BFSIs). It incorporates perspectives from our primary research and analysis, coupled with knowledge garnered from interactions with clients and system providers.

"In this report, we identify the top 10 risk initiatives that will have key strategic importance during 2008. We outline these initiatives, examine their impact on the BFSIs and the technology firms that serve them, and explain why they should be on the minds of chief risk officers at every financial organization across Asia,"explains Li-May Chew, CFA, senior research manager for Financial Insights' Asia/Pacific Risk Advisory Service."The initiatives may not necessarily correlate to those of greatest investment spend, but focusing on them will position financial institutions better to incorporate robust risk management frameworks into their businesses. Meanwhile, IT vendors seeking to align their initiatives with BFSIs' risk intelligence programs can better allocate their resources into areas that are imperative to clients."