THE (R)EVOLUTION OF RISK MANAGEMENT: Finding Opportunity for Modern Finance in a Universe of Risk

It’s an exciting time to be in the finance function. Finance leaders have the opportunity today to move from reporting on the business to driving strategic outcomes within the business. Not only is the finance function being disrupted, the tools that finance leaders have at their disposal are experiencing an unprecedented amount of disruption as well. Accenture predicts a totally new operating model for finance by 2020. “This steady influx of intelligent machines into the finance workforce will not overrun humans, but there is a tipping point for finance jobs on the horizon. As routine tasks become automated, finance professionals will be freed up to focus on more judgment intensive activities. Some jobs will transform, and new roles will emerge.” With all of this change comes the strategic and operational imperative to manage risk.