71% of banks automate escalation of appetite breaches
Automated processes are more common at banks where ERM sets overall risk appetite, research shows
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Seven in 10 banks automate the escalation of risk appetite breaches, according to predefined triggers; the rest still rely on manual or ad hoc fixes. A few global banks – including two global systemically important banks (G-Sibs) – remain outside the automated majority.
The findings come from Risk.net’s Enterprise Risk Benchmarking research, which
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