Risk, regulation and compliance build the trust required to protect and power businesses. Today, the responsibility for managing this has gone from beyond the risk function to across your entire organisation. It’s in everyone’s interest to know customers and stakeholders. Teams want greater insights and control. Efficiency and cost have become vital for every department.
Financial Services risk and compliance technology can help enable all of this in today’s risk landscape, giving you the confidence to govern, the readiness to respond to external events and the resilience to lead through constant disruption.
“Some of our clients’ biggest issues are related to data and technology. We pair a deep understanding of this with real-world expertise in business and financial services. Our approach involves listening, care and curiosity. It’s about making choices that move you forward and can last.”
Darren Ketteringham
Partner, Financial Services Leader, PwC UK
Putting the heightened expectations of customers and other stakeholders – regulators, internal customers, alliance partners, and wider society – at the heart of risk management can help you build products, improve experiences and find new ways to drive growth.
The right technology choices can enable you to know your customers better than ever before and reimagine how you create, deliver and capture value. PwC’s business led approach utilising our market leading cloud, data and advanced analytics can help you move beyond optimising and into the business of reinvention.
In a fast-paced world, where threats are smarter and ever changing, ecosystems are more interconnected and risk thresholds can be surpassed at speed, organisations want more control in order to build trust – something which has never been harder to earn, nor easier to lose. How can tools at your fingertips help you create transparency? Can AI help you proactively address challenges? How can technology power and protect your business?
PwC’s multidisciplinary perspectives, deep technical expertise and next-level risk tech can help build trust in how you operate. It’s about making trust meaningful and measurable, giving you better transparency over your entire risk and compliance ecosystem, increasing visibility to gain control in complex environments and accelerating speed-to-insight with data ingestion technology, building confidence in your ability to react quickly.
The responsibility for risk, regulation and compliance has moved closer to the first line. Risk management is now seen as a way of knowing your customers, innovating and spotting growth opportunities. And transforming in this way requires an increased focus on efficiency, productivity and costs.
Staying one step ahead of disruption relies on building a risk technology ecosystem that can truly adapt to today’s uncertainties. You must have the right structure, culture and tech – to help you change and keep changing. By removing manual processes with machine learning or getting data ready for GenAI, you can not only become more efficient, but increase collaboration, put ingenuity to work in the right areas and reduce costs. This enables you to deliver breakthrough outcomes, create value continuously and lead the way in becoming a transformative enterprise.
We’ve taken our learnings from working with other leading organisations, turning this insight into codified risk and compliance technology designed to help you move and scale faster. Our risk technology is rigorously tested and above all secure. And it’s combined with expertise and years of experience in business, risk and compliance in financial services.
You don’t want a huge technological upheaval, with everything shifting to one platform. So, we’re forming close alliances with several technology partners, where we’ve begun to customise their risk and compliance technology. This means our solutions can be built upon and added to your existing ecosystem, giving you greater choice when it comes to solving your challenge.
Our people are market leaders in risk, regulation and compliance in banking, insurance and across the financial services spectrum. And this is backed by a global network of advisors. So you’ll work with someone who sees your complex problems every day, and who can qualify the risk and compliance technology that will help you achieve sustained outcomes.
When so many risk and compliance technology providers are telling you how their solutions are the perfect fit, deciding where to invest can feel overwhelming. But we’ll always focus on the business first, getting to the crux of the challenge before thinking about the possible platforms, engines or algorithms that can help. We’ll help you understand where to invest, introduce the best technology for you and support your team in getting the most from your tech.
How we work with our clients has changed. More than ever before, we’re designing solutions in tandem and through co-creation. By learning and quickly adapting solutions, and collaborating with our alliance partners, the end risk technology solutions are often far more pragmatic and much more powerful. Your problems, solved together in unique ways.
Partner, Financial Services Leader, PwC United Kingdom
Tel: +44 (0)7841 563947