Strategic Focus: Linking Risk Complexity To Digital Requirements
Daniel Garcia
Access this research
Access all Corporate Risk Leaders content with a strategic subscription or buy this single report
Need help or have a question about this report? Contact us for assistance
Executive Summary
This report delves into the evolving landscape of risk management, emphasizing the increasing significance of non-financial risks and the need for a broader risk perspective covering both financial and non-financial risk areas. It identifies existing practices that are no longer acceptable if a firm wants to retain its competitive advantage and underscores the significance of digitization in enhancing risk management efficiency. This report aims to support executives in understanding the stages of risk management digitization and adopting a structured approach as they mature through the digitization spectrum and navigate the challenging risk environment.Key drivers of risk complexity
Navigating the thrills and challenges of enterprise risk management’s shifting tides
Accelerating the risk management journey through digitization
Figure 2. Risk materiality in firms 2022-2023
Figure 3. Risk digital maturity tiers
About the Authors
Elizabeth Babalola
Senior Analyst
Elizabeth is a Senior Analyst at Verdantix, where she delivers in-depth research to support corporate executives in strengthening operational resilience, optimizing insurance ...
View ProfileDaniel Garcia
Senior Manager
Daniel is a risk and compliance subject-matter expert (SME), with over 16 years of global experience, having worked for major financial institutions and consulting firms in La...
Other related content
The relationship between AI and risk in the software landscape is becoming increasingly central as organisations embed these capabilities into core governance, risk, and compliance...
Upcoming / 24 June, 2026
Throughout 2026, a significant volume of public announcements and press releases across the governance, risk and compliance (GRC) software market has signalled that the industry is...
22 May, 2026
In an era defined by AI, cyber security has become the least forgiving domain for CISOs and technical risk leads. Converging pressures from strict data security regulations, more s...
21 May, 2026
The outbreak of the Israel/US-Iran conflict in early 2026 is not only a Middle East story. For risk professionals, procurement leaders and boards with global supply chain exposure,...
20 May, 2026
The volume of media announcements from governance, risk and compliance (GRC) software vendors over recent months indicates that the industry is going through a transformation. Whil...
15 May, 2026
During the month of April, two events occurred that may have left risk officers reeling. The first: AI firm Anthropic discovered that its Claude Mythos model had an unprecedented a...
13 May, 2026