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Digitizing risk and control for efficiency across the lines of defense
August 8 | 2 p.m. ET | 18:00 GMT
Host: Alok Sinha, principal, Deloitte & Touche LLP
1 Overview CPE credit | Specialized Knowledge
Investments in financial institution risk and control functions have not grown in parallel since the financial crisis, but that is now changing. How are organizations digitally transforming those functions across the three lines of cyber defense—business and IT, risk management, and internal audit? We'll discuss:
- Advantages of digitizing risk and control to optimize the lines of defense.
- Approaches to embedding controls and enabling digitization, starting with frontline business units and using artificial intelligence, robotics, risk analytics, and fintech solutions.
- Illustrative use cases and lessons learned across businesses and functions.
- Organizing principles for rapid launch in global organizations.
Participants will learn how digital transformation of risk and control can be delivered across key business processes.