Number 7, June 2019

McKinsey on Risk, Number 7, June 2019

The journal offering McKinsey’s global perspective and strategic thinking on risk, focusing on the key risk areas that bear upon the performance of the world’s leading companies

Articles in this issue

Article

Transforming risk efficiency and effectiveness

April 25, 2019 -

An enterprise-wide risk transformation can substantially improve risk management while also sustainably trimming costs.

Article

The compliance function at an inflection point

January 7, 2019 -

McKinsey’s benchmarking survey of leading banks helped identify five steps toward transforming the efficiency and effectiveness of the compliance function.

Article - McKinsey Quarterly

Confronting the risks of artificial intelligence

April 26, 2019 -

With great power comes great responsibility. Organizations can mitigate the risks of applying artificial intelligence and advanced analytics by embracing three principles.

Article

Derisking machine learning and artificial intelligence

February 19, 2019 -

The added risk brought on by the complexity of machine-learning models can be mitigated by making well-targeted modifications to existing validation frameworks.

Article

Going digital in collections to improve resilience against credit losses

April 29, 2019 -

With delinquencies on the rise, lenders need to transform their contact approaches now to suit customer preferences.

Article - McKinsey Quarterly

Bubbles pop, downturns stop

May 21, 2019 -

Economic downturns are impossible to predict and sure as sunrise. Build resilience now, because when the sun comes up, you’d better be moving.

Article

Fighting back against synthetic identity fraud

January 2, 2019 -

Digging deep into the data trails people leave behind can help banks detect whether their customers are real or not and stem losses from this fast-growing financial crime.