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Advanced Hindsight

Most OpRisk spend is focused on detection via surveillance, monitoring, and control systems. While new AI solutions promise better risk identification, most are backward-looking. The speed with which last year’s bank failures unfolded shows that the ‘advanced hindsight’ afforded by current tools is untenable. Needed are tools that afford proactive risk identification and mitigation.

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The Importance of Culture in an Organization: Are We Learning Yet?

by Bryan Stirewalt


Jun 11, 2024

Often management is downgraded to “poor” by bank examiners only after the symptoms of bad management have manifested in weak financial results. Management teams are often rated as perfectly adequate when financial results are good. Effective risk governance requires a proactive and comprehensive approach to managing these emerging challenges while maintaining a focus on organizational culture and psychological safety​​.

The 2024 Compendium is available June 11th!

Now in its 7th year, Starling's Compendium features over 40 contributors from across the industry as well as detailed analysis of the latest trends in culture & conduct risk supervision.