Tech and data fragmentation irks enterprise risk managers

Risk Benchmarking: Often at the mercy of decisions made by other parts of the bank, ERM heads gripe at disparate systems, poor UX and reporting gaps

This article is part of a series benchmarking bank enterprise risk management practices. Subscribers can view selected cuts of the underlying data here, and sign up for Risk Benchmarking emails here.

Big banks typically run at least four different governance, risk and compliance platforms to support enterprise risk management (ERM), Risk Benchmarking data suggests, with almost one-quarter of banks