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A more strategic role for scenarios in operational and non-financial risk

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Could scenarios play a bigger role in helping financial firms manage today’s interconnected operational and non-financial risks? Our latest thought leadership work suggests they can, but this means moving beyond standalone exercises towards a more strategic and coordinated approach.

In this blog, we share the initial insights from our current ORX Scenarios Thought Leadership Initiative, including actions firms can take today. Drawing on discussions with risk leaders and scenario practitioners, we explore how scenarios could help firms understand threats to their strategy, connect risk and resilience activity and improve preparedness.

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