Along with Provenir, we surveyed over 300 international decision-makers from quite a lot of monetary providers suppliers and fintechs to find their key challenges and priorities in 2024 and past.
We needed to grasp their danger decisioning challenges, buyer administration priorities, and confidence within the accuracy and adaptability of their danger fashions. We summarized the findings on this current white paper.
The survey was despatched to senior decision-makers the world over with 65% of respondents on the Director degree or above. The survey was carried out in September 2023 and included over 300 executives.
Listed below are among the key findings of this survey:
1. When requested in regards to the frequency with which their danger fashions are correct and versatile, nearly all of respondents (54%) indicated that their danger fashions are largely correct and versatile 76-95% of the time. A good portion (31%) reported considerably correct and versatile danger fashions, functioning as meant 50-75% of the time.
2. A notable concern highlighted by the survey is that 70% of the respondents lack confidence of their capability to change danger decisioning logic rapidly. This implies that there could also be challenges in adapting to altering circumstances or incorporating new information.
3. Inside this group, 38% of respondents are considerably assured, feeling they’ll regulate their danger decisioning logic 50-75% of the time. Nevertheless, solely a small fraction (13%) of the respondents are fully assured of their capability to make these modifications.
For extra info, you may obtain the whole white paper right here.