Business Intelligence Center
Transforming the CFO role in financial institutions: Towards better alignment of risk, finance and performance management
Sponsored By CFO Research Services
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- Recovering from a global financial crisis and facing an environment of increased uncertainty and greater regulation, financial institutions are re-examining the way their finance functions understand and use risk considerations and information. This study, prepared by the Economist Intelligence Unit in collaboration with CFO Research Services and sponsored by Oracle, draws on a global survey of nearly 200 senior banking executives in finance and risk, as well as in-depth interviews with 16 finance and risk executives, corporate leaders and other experts, to examine the current state of finance processes and how these processes could be modified to better incorporate risk considerations and address the new competitive and regulatory dynamics faced by financial institutions.