Today’s fintechs are at the forefront of risk management innovation and backed by powerful technology like AI. Why aren’t more chief risk officers using them?
Our Approach to Risk Advanced Analytics and Technology
BCG helps organizations reimagine risk through the strategic application of AI, advanced analytics, and emerging technologies. We partner with chief risk officers and senior leaders to build intelligent, adaptive systems that enhance precision, reduce cost, and enable faster, more confident decision-making. Our work focuses not only on delivering practical solutions that meet regulatory expectations but also on strengthening long-term capabilities—modernizing data foundations, improving model governance, and embedding transparency into every layer of a function. Building the risk and compliance function of the future is at the heart of our approach, and we are proud to be consistently recognized as a leader in digital consulting services.
Our approach focuses on five key capabilities:
Next-Gen Risk Architectures
We design and implement data strategies, digital platforms, and IT architectures that enable advanced analytics in risk and advanced analytics in compliance, meeting evolving regulatory demands, accelerating insight, and unlocking operational scale.
AI-Enabled Risk Management
From advanced credit and anti money laundering (AML) monitoring to AI-powered risk scenario modeling, we help clients implement artificial intelligence responsibly—balancing innovation with explainability, compliance, and control. Our teams specialize in risk analytics consulting to ensure that deployments deliver measurable impact.
Efficiency Through Automation
By streamlining core risk processes, applying analytics, and rethinking workflows, we reduce costs and eliminate redundancy—without compromising quality or oversight. Insights from risk analytics consultants help organizations reallocate resources toward higher-value activities, while risk advanced analytics and technology provide the intelligence needed to anticipate emerging risks.
Ways of Working for Resilience
We foster a risk-aware culture with agile ways of working, clear governance, and empowered teams—ensuring operational resilience is built in, not bolted on. With risk analytics consultant expertise at the center, clients strengthen decision-making and agility.
Sustainable, Strategic Compliance
Our solutions are designed to last. By embedding compliance digitization and leveraging risk advanced analytics and technology, we help clients align risk capabilities with business strategy—enabling confident, compliant growth in fast-moving environments.
Our Clients’ Success in Risk Advanced Analytics and Technology
A major European bank needed to establish its finance and risk data solution and strategy following the failure of an expensive, multiyear program. BCG prepared an overarching technical solution and developed a roadmap for execution through use-case prioritization to ensure alignment with the board of directors and joint supervisory team. Our experts also delineated roles and responsibilities across subsidiaries and addressed legal challenges.
A large European bank uncovered severe regulatory vulnerabilities in the data infrastructure that supported its credit chain. BCG experts worked with the bank to develop a comprehensive five-year action plan, outlining structural and tactical actions to take. This encompassed more than 250 detailed actions, including establishing both a new credit chain governance framework and a redesigned data architecture.
A European automaker’s finance arm needed to modernize its risk data analytics platform to reverse data quality issues and expand data scaling. We identified domain, governance, and platform transformations that the division instituted to be more data driven. The upgrade improved data quality and allowed the business to adopt a best-of-breed technology stack.
Explore Our Insights on Risk Advanced Analytics and Technology
Article
2025年1月16日
Rather than feeling threatened by Generative AI, risk and compliance (R&C) teams should adopt it for their own operations.
Article
2024年12月11日
To support rapid AI adoption, risk and compliance functions must lead efforts to ensure responsible use, transform processes, and enhance decision making.
Article
2024年11月12日
Companies need a holistic strategy to coordinate requirements, clearly define responsibilities, and effectively use advanced technologies.
Meet Our Risk Advanced Analytics and Technology Experts
Our risk advanced analytics and technology consultants bring a diverse range of experiences to their client work with major banks, insurers, industrial companies, and regulators.
