Data Driven Risk Management
Regulatory pressure, low interest rates and similar industry conditions have slowed recovery in the financial services sector.
In response, firms are revisiting how they mix their assets to identify new opportunities for value creation.
This new approach to asset acquisition is contributing to a move toward alternative lending, creating demand for more responsive risk management strategies.
Embracing alternative lending depends on informing decisions with big data. Most firms dedicate fifty percent of risk management staff to operations and fifteen percent to analytics. This balance will shift to the point that, by two-thousand and twenty-five, forty percent of staff on risk management teams will be working in analytics.
Moving away from operations and more to data is possible as emerging software tools drive analytics innovation. GDS Link is at the center of this innovation. Contact us to learn more.