The Importance of Effective Risk Management: Lessons Learned From SVB and Signature Bank

The recent events within the financial markets with the 2nd and 3rd largest bank failures in US history have demonstrated the importance of strong, capable, and consistent Risk Management practices across the Financial Services sector at big banks as well as mid-size and emerging firms. While larger firms and big banks have invested in building Risk Management capabilities including Risk Analytics and Risk Intelligence mid-size, regional, and emerging firms may not have the capacity to compete for the right resources to build Risk Management as a strategic partner for the firm's Executive Team and Board of Directors.