In the face of global disruptions, cybersecurity threats, and rapid digitalization, banks must enhance their resilience. Traditional, siloed risk management systems hinder real-time risk management. The lack of a unified risk taxonomy exacerbates this issue, making effective risk management challenging. Recognizing the necessity for operational resilience, banks are now prioritizing investments in modern IT infrastructure and digital work processes. With technology risk identified as the primary concern among banking executives, there's a pressing need for solutions that integrate risk management into digital experiences seamlessly. ServiceNow offers a platform that provides banks with real-time control, comprehensive risk management, and compliance integration into digital interfaces.

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