Banking Risk

Our research empowers risk management, compliance, technology, and strategy leaders at retail and corporate banks to embark on risk transformation journeys. We examine how AI, RPA, innovative data, cloud, and digital technologies bring new efficiencies and insights to Risk functions at banks including credit risk; governance, risk and compliance (GRC); and financial crime.

We help banks evaluate the rapidly expanding universe of regtech solutions and the transformative impact they will have on Risk functions. Our in-depth analyses of technology trends and the vendor landscape provide practical support for Risk technology strategies for the digital age.


Our research focuses on key areas of Risk in banking that are being reshaped by AI, digital technologies, regtech solutions, and cloud: credit risk; GRC and enterprise risk management (ERM); and financial crime including anti-money laundering (AML), Know Your Customer (KYC), and fraud.

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Dimensions: Risk IT Pressures & Priorities 2024

Advancements in Risk management technology, particularly in AI, automation, and cloud computing have the potential to transform Risk operations. Celent surveyed 200+ Risk executives globally to understand how technology strategies and budgets are evolving. Which Risk functions are prioritizing digital tools like AI, Generative AI and process automation? Join us as we examine how Risk priorities vary globally across regions and financial sectors.

Most Recent

IT and Operational Spending on Anti-Money Laundering: 2024 Edition

Financial institutions will spend US$34.7 billion on AML technology and US$155.3 billion on operations in 2024.

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Financial Crime Compliance Technology: Watchlist Screening Edition—2024 XCelent Awards, Powered by VendorMatch

Celent profiles 22 incumbent and new entrant providers of transaction filtering and customer screening solutions supporting sanctions and KYC, a…

Research Agenda

Risk & Compliance Research Outlook

See what we have in store for 2024

On-Demand Webinar

I&I Day 2024: Model Risk Manager

By joining this session, you will have the opportunity to learn from the winners of our 2024 Model Risk Manager Awards. These initiatives have demonstrated the tangible impact of AI-enabled risk mitigation and have successfully increased efficiency while significantly reducing risk exposures. By learning more about these real-life case studies, gain valuable insights into how these organizations harnessed the potential of automation and real-time analysis to navigate the complex risk landscape.


Financial institutions will spend US$34.7 billion on AML technology and US$155.3 billion on operations in 2024.

Reports | Videos

Winner of the Model Risk Manager of the Year 2024

Reports | Videos

Winner of the 2024 Celent Model Risk Manager Award for Combatting Financial Crime

Reports | Videos

Winner of the 2024 Celent Model Risk Manager Award for Model Risk Manager for Data Foundations of AI

See More in Financial Services Risk

For vendors and other firms interested in risk across all financial services sectors we offer a Financial Services Risk research service.

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We bundle our reports into separate research packages focused on Risk technology for banks as well as on cross-industry Risk technology.

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We offer an advisory service for our subscribed users who wish to discuss our insights in greater depth.

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Participate in regular polls.

Learn about our Consulting Services

We offer expert guidance on risk management and compliance technology strategies for financial institutions and solution providers.

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Discover VendorMatch to conduct your own vendor research or to help with the RFP process.

Our Experts

Meet our Banking Risk Experts

Ian Watson heads Celent’s global Risk practice and is based in Boston. Ian joined Celent after 20 years in the Technology Industry and consultin…

Cubillas Ding is a Research Director with Celent's Capital Markets division, based in the firm’s London office. His expertise lies in global fin…

With a multi-disciplinary background in economics, finance, technology and marketing, Craig leverages his retail lending and banking industry ex…

Neil is a Director in Celent's global Risk practice. His current areas of focus include regtech, anti-money laundering and know-your-customer co…

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