Ranking of current information technologies by risk and regulatory compliance officers at financial institutions – a German perspective
Michael Becker and
The Review of Finance and Banking, 2018, vol. 10, issue 1, 007-026
This paper provides new insights on the relevance of new information technologies for the risk and regulatory compliance management of financial institutions in Germany. For this purpose, 62 executive risk managers and compliance officers have been surveyed with respect to risk categories, regulatory requirements as well as new technologies with an emphasis on artificial intelligence. The results of this survey are compared to the scientific literature and to four existing studies of 2016 and 2017, respectively. This research shows that artificial intelligence, big data and cybersecurity technologies are on top of the agenda of financial institutions in Germany. Moreover, the majority of participants are convinced that artificial intelligence solutions will widely be implemented and used in the risk and regulatory compliance environment by the end of 2022.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://rfb.ase.ro/articole/ARTICOL1_nr102018.pdf Full text (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:rfb:journl:v:10:y:2018:i:1:p:007-026
Access Statistics for this article
The Review of Finance and Banking is currently edited by Victor Dragota; Bogdan Negrea
More articles in The Review of Finance and Banking from Academia de Studii Economice din Bucuresti, Romania / Facultatea de Finante, Asigurari, Banci si Burse de Valori / Catedra de Finante Strada Mihai Eminescu nr.13-15, sector 1, Bucuresti, Romania. Contact information at EDIRC.
Bibliographic data for series maintained by Tatu Lucian ().