{
  "docId": "019dd923-5de0-76bd-a165-6cfb0aa2a879",
  "docSlug": "61478fa335f5511c",
  "documentTitle": "Seeking stability within volatility: How interdependent risks put CROs at the heart of the banking business",
  "authorId": "misc",
  "authorName": "EY",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "portrait",
  "aspectRatio": 0.707,
  "pageNumber": 5,
  "pageCount": 25,
  "prevPage": 4,
  "nextPage": 6,
  "slideType": "key_messages",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 0,
  "notes": "The slide is part of a larger report, indicated by page numbers 06 and 07.",
  "elementsJson": [
    "paragraph",
    "quote_block",
    "photo"
  ],
  "metadataConfidence": 0.95,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5de0-76bd-a165-6cfb0aa2a879/5",
  "deckHref": "/decks/019dd923-5de0-76bd-a165-6cfb0aa2a879",
  "deckJsonHref": "/decks/019dd923-5de0-76bd-a165-6cfb0aa2a879.json",
  "deckAnchorHref": "/decks/019dd923-5de0-76bd-a165-6cfb0aa2a879#slide-5",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "What’s expected of the risk function has grown hugely, even in the last year. We are genuinely having to think globally about politics, regulation and extreme events, and model their impacts both in terms of conduct and prudential.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd951-f385-7630-9b26-c1b7e4c9486a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 1,
        "w": 0.24,
        "x": 0,
        "y": 0
      },
      "kind": "image",
      "text": null,
      "attrs": null,
      "subkind": "photo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "de227c7f-58f6-4a22-bab1-c8e043e70800",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.25,
        "x": 0.25,
        "y": 0.18
      },
      "kind": "paragraph",
      "text": "Given the lessons learned since the global financial crisis and increased capital and liquidity levels, our survey results and discussions indicate that CROs generally are confident in their ability to manage traditional sources of credit risk...",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "41db22c0-4b60-4c3c-8f79-6734693151b0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.25,
        "x": 0.25,
        "y": 0.71
      },
      "kind": "paragraph",
      "text": "Banks are investing in digital transformation to innovate with new products and services, develop new business models and increase operational efficiency. CROs are rightly focused on establishing strong controls for these programs...",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b7307408-f33d-4792-beda-477ee6b87d4e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.4,
        "x": 0.54,
        "y": 0.36
      },
      "kind": "paragraph",
      "text": "Scarce talent, rising employee expectations and the post-pandemic shift to hybrid working all contribute to increased talent risk across the business. Thus, CROs must become more expert in human capital issues...",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c7a4e5e7-b7f2-4c7f-a758-f3ddafbb9a4f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.4,
        "x": 0.54,
        "y": 0.55
      },
      "kind": "quote",
      "text": "What’s expected of the risk function has grown hugely, even in the last year. We are genuinely having to think globally about politics, regulation and extreme events, and model their impacts both in terms of conduct and prudential.",
      "attrs": null,
      "subkind": "testimonial",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b013174c-8ee1-44b1-867a-7c4c93f2d6d1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "What’s expected of the risk function has grown hugely, even in the last year. We are genuinely having to think globally about politics, regulation and extreme events, and model their impacts both in terms of conduct and prudential. – CRO survey respondent",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd951-f385-7630-9b26-c5779273bd93",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.25,
        "x": 0.54,
        "y": 0.29
      },
      "kind": "title",
      "text": "5. CROs are looking for more adaptable and agile teams to manage risks across the business and boost performance within their own functions.",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2a2581ee-fbfc-4f12-b7b0-62f9cac12833",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.25,
        "x": 0.25,
        "y": 0.11
      },
      "kind": "title",
      "text": "3. Credit risk remains a high priority as banks look out for hidden risks that may materialize in the looming economic downturn.",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "389e0263-b4b1-4108-8dff-14440b22ffbe",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.25,
        "x": 0.25,
        "y": 0.64
      },
      "kind": "title",
      "text": "4. From new products and business models to digital assets and ecosystems, customer growth and product innovation strategies demand CRO attention.",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "483f079b-38aa-41a8-9688-6d3c18dc89b4",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 8,
      "from": 5,
      "beatId": "9a657c59-9c8d-4f62-914e-c37c17a51c6e",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Problem & Complication",
      "beatSlug": "consultants-gambit-problem-complication",
      "evidence": "The document discusses industry trends, risk priorities, and emerging risks.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [
    {
      "to": 22,
      "from": 5,
      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "ce87d78c-07a1-4f31-9d01-ad1f95bbc334",
      "evidence": "The document presents a logical argument, using data and industry trends to support the importance of CROs.",
      "position": 0,
      "objective": "Why CROs are crucial in managing interdependent risks",
      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
      "confidence": 0.7,
      "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
    },
    {
      "to": 8,
      "from": 5,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "1162b4ca-6eb3-4ffe-bf4d-6367295e3571",
      "evidence": "The document highlights the risks and consequences of not addressing interdependent risks.",
      "position": 1,
      "objective": "The cost of not prioritizing risk management",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}