The Accenture 2019 Global Risk Management Study is the sixth edition of our study first published in 2009. It identifies financial services risk leaders' top concerns, such as disruptive technology and data breaches, and recommends actions to take. Learn more about the study and download reports for financial services, banking, capital markets and insurance: https://accntu.re/34bS0RA

1. Accenture 2019
GlobalRisk ManagementStudy
FinancialServices Summary
The sphere
of control

2. Copyright © 2019 Accenture. All rights reserved. 2
Evolutionofriskmanagement
Tenyearsofexploringhowtheriskfunctionhasincreasingly
beenaddingvaluetothebusiness.
2015
Paths to
Prosperity
Collaboration
Partner
2017
The hidden
value of risk
TheRiseofDigital
2019
The sphere
of control
Complex,interconnected
newrisks
2009
Managing Risk in
extraordinary times
CrisisManagement
2011
Risk management
a source of
competitive
advantage
BeginningMaturity
2013
Risk management
for an era of greater
uncertainty
Disciplined,Integrated,
Connected

3. Copyright © 2019 Accenture. All rights reserved. 3
The risk landscape is shifting rapidly.
Can risk functions keep up?
Smart
technology
fortifiesrisk
resilience.
Newrisks,
olddata.
Collaboration
bolstersrisk-
readiness.
Today’srisks:
complex,
interconnected
andemerging
atpace.
Digitalthreats
demanda
digitalresponse.
Accelerate or be left behind.

4. Today’s risks: complex,
interconnected and emerging at pace
Copyright © 2019 Accenture. All rights reserved. 4
Geopoliticalanddisruptivetechnologyrisksriseup
theagendainearningscallsandinvestorconferences.
Source: Analysis of earnings calls and conference transcripts, from Dow Jones Factiva, of 225 financial services firms between 2010 and 2018.

5. Copyright © 2019 Accenture. All rights reserved. 5
Percentages relate to those that are not ‘fully capable’ of assessing risks
associated with adopting each of the following technologies.
Digital threats demand
adigital response
Themajorityofriskfunctionsarenot‘fullycapable’ofassessingrisks
associatedwiththeirorganization’ssmarttechnologyadoption.
Source: Accenture 2019 Global Risk Management Study

6. Copyright © 2019 Accenture. All rights reserved. 6
Smart technology fortifies
risk resilience
Riskfunctions’adoptionofsmarttechnologies
toprocessandderivevaluefromdata.
Source: Accenture 2019 Global Risk Management Study
Adoption continuum

7. 7
New risks. Old data.
Manyriskfunctionssimplydonothaveaccesstothedatatheyneed.
Data sources currently used (now and expected in two years) to support risk management activity.
Source: Accenture 2019 Global Risk Management Study * Banking only ** Capital Markets only *** Insurance only
Data sources now
Data sources expected
in two years
Copyright © 2019 Accenture. All rights reserved.

8. Copyright © 2019 Accenture. All rights reserved. 8
Collaboration bolsters
risk-readiness.
Oursurveyhasrevealedagenuineappetiteamongriskmanagersfor
closercollaborationwiththefinancefunction.However,thisisnotreality.
Percentage that say finance
and risk leaders do not
jointly provide input.
Percentage that say have a
close working relationship,
but do not jointly input.
Percentage that say finance and risk
leaders may at times be in opposition
on some issues, but have a close working
relationship, and both provide input.
Source: Accenture 2019 Global Risk Management Study
Input of risk and finance into corporate strategy and ERM steering.
Percentage that say finance
and risk leaders do not
jointly provide input.
Percentage that say have a
close working relationship,
but do not jointly input.
Percentage that say finance and risk
leaders may at times be in opposition
on some issues, but have a close working
relationship, and both provide input.

9. Copyright © 2019 Accenture. All rights reserved. 9
Define your
sphere of
control

10. Copyright © 2019 Accenture. All rights reserved. 10
Prioritize what
matters most.

11. Copyright © 2019 Accenture. All rights reserved. 11
Prepare the function
by allocating resources
smartly embracing
latest technology
and upskilling people.

12. Copyright © 2019 Accenture. All rights reserved. 12
Build a more proactive
function diligently
scanning the horizon
for the next threats.

13. www.accenture.com/GlobalRiskStudy
Download the
2019 Global Risk
Study Reports:
FinancialServices
Banking
CapitalMarkets
Insurance