How you can reduce system complexity and operational risks
In a recent global survey, the majority of pension leaders indicated that reducing operational risks is a top strategic priority in 2023.
Putting risk practices on a sound footing is nothing new. What’s new is the sense of urgency as we sit at a structural inflection point with a new inflationary era. The recent banking crisis is a stark reminder of the dangers of weak risk frameworks, and the impact it can have on a fund’s investments.
The operational risks that we see on the rise today is a symptom of a larger problem—the fragmentation of the investment value chain across people, processes, technology and data.