The financial services sector has always been characterised by complex and evolving risks. Firms are facing novel, unanticipated and more systemic risks from a new era of geopolitical volatility, the current economic climate and a renewed focus on the digitalisation of financial services following the Covid-19 pandemic.
These are, as the saying goes, unprecedented times and these organisations are sailing in uncharted territory. With the regulatory lens firmly fixed on operational resilience, it is clear to see why new defence mechanisms and a step change are required.
