Open challenge
How can we build a unified, holistic and aggregated view of Non-Financial Risk and its interconnectedness such that it will enable prioritised, proactive and predictive risk management, driving better client focused and risk aware outcomes?
A data-driven and analytical solution to manage Non-Financial Risk that enables us to be proactive and predictiveOverview
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Announcement
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Description
Our ambition is to build a quantitative, unified, holistic, aggregated and interconnected view of Non-Financial Risk that will enable prioritised, proactive and predictive risk management. We have multiple approaches to risk management aligned to either meet regulatory or risk type needs, there must be a solution to bring them together.
We are looking for a solution that can:
- Monitor and gather risk insights
- Drive risk prioritisation
- Drive risk response
- Enable quantitative and predictive risk assessment
- Build scenarios and simulations
- Assess macro level risk assessments and themes
This is an important effectiveness and efficiency opportunity with intent to digitise and automate risk management, this is over and beyond non-financial benefits to improve better risk outcomes and effectiveness.
Status
Registration closed
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Prize
Sponsor
Regions
Global
Topics
Artificial Intelligence / Machine Learning
Fintech
Banking
RegTech
Data Science
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