Business Strategy: Global Risk IT Roundtable -- A Proposition for Industrialization, 2014

  • Dec 2013
  • By IDC
  • 14 pages

Business Strategy: Global Risk IT Roundtable -- A Proposition for Industrialization, 2014

  • Dec 2013
  • By IDC
  • 14 pages

This IDC Financial Insights report discusses the challenges and priorities for risk managements in the coming years in terms of initiatives that can further industrialize risk management practices for the remainder of the decade.

According to Michael Versace, global research director at IDC Financial Insights, "Risk executives and CIOs reach an important decision point in 2014: to further industrialize the risk management and compliance disciplines revitalized or newly developed over the first three years of the decade -- with a target toward demonstrating end-customer value, renewing the remaining legacy, inefficient risk technologies, skills, and capabilities designed for a prior era -- or return to the ways of the not-too-distant past that stunned growth and blotted away trust from leading financial brands. Success will come to those that take the path to industrialization and focus resources on value creation, risk architecture, data governance, analytic excellence, and skills development."

Table of Contents

IDC Financial Insights Opinion

In This Study

Situation Overview

The Approach

Macrostrategies

Future Outlook

Risk Insights -- Regional Insights

Asia/Pacific Risk Insights

EMEA Risk Insights

Latin American (Brazil) Risk Insights

North American Risk Insights

Essential Guidance

Actions to Consider

Learn More

Related Research

Synopsis

Figure: Worldwide Risk Technology and Services Spending by Financial Sector, 2012-2017

Figure: Comparative Risk Technologies and Services Spending by Submarket

Figure: Risk Industrialization Macrostrategies

Figure: Region Insights -- Legend

Figure: Asia/Pacific Risk Insights -- Risk Initiatives and Themes

Figure: EMEA Risk Insights -- IT Spending Strengths and Themes

Figure: Latin American Risk Insights -- IT Investment Strengths and Themes

Figure: North American Risk Insights -- IT Investment Strengths and Themes