This report captures the key insights and themes from the XLoD Leaders’ Network at XLoD Global – London, the world’s leading event for senior practitioners across the 3 Lines of Defence. Bringing together Chief Risk Officers, Chief Compliance Officers, Heads of Operational Risk, Internal Audit leaders and business executives from the world’s largest financial institutions.
Key takeaways include:
- Artificial Intelligence (AI) is not the biggest risk: poor governance, weak data and a lack of oversight over AI will be
- Operational resilience is no longer a regulatory exercise; it is rapidly becoming a competitive advantage that will separate leaders from laggards
- More data does not create better decisions, only firms that can transform fragmented data into actionable insight will stay ahead of emerging risks
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