Chief Risk Officers in Financial Services are facing a rapidly evolving risk landscape, with cyber-attacks, business resiliency, and regulatory compliance topping the list of challenges. As the connection between business stability and growth strengthens, the focus on risk transformation intensifies.

To stay ahead, FS companies are turning to AI, machine learning, and cloud-based solutions to enhance risk management processes.

KPMG LLP (KPMG) conducted a survey where 139 U.S. FS risk executives provided in-depth insights into how the sector is addressing these challenges.

This report highlights key findings, strategies, and priorities for managing risks effectively in the coming years.