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Pushing through undercurrents: sectoral and regional forces influencing technology-driven systemic risk, and resulting mitigation opportunities

By: Material type: TextTextPublication details: Cologny World Economic Forum 2023Description: 110pSubject(s): Online resources: Summary: This report presents insights into sectoral and regional forces that influence the spread of technology-driven systemic risk across the financial system and identifies targeted mitigation opportunities available for financial services players. A diverse group of senior leaders from financial services, technology firms, academia and the public sectors were engaged to create this report. These individuals participated in a series of global workshops and interviews over the past year. This study is the second in the Forum’s two-part TISR initiative. It is a follow up to “Beneath the Surface” which examined sources of tech-driven risk and how these could potentially converge and become systemic.
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This report presents insights into sectoral and regional forces that influence the spread of technology-driven systemic risk across the financial system and identifies targeted mitigation opportunities available for financial services players. A diverse group of senior leaders from financial services, technology firms, academia and the public sectors were engaged to create this report. These individuals participated in a series of global workshops and interviews over the past year. This study is the second in the Forum’s two-part TISR initiative. It is a follow up to “Beneath the Surface” which examined sources of tech-driven risk and how these could potentially converge and become systemic.

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