@Philippos I totally agree that Risk management has not been talked about alot in the digitization of financial services. Neither on the B2B level (i.e. internal risk management) nor on the B2C level (i.e. risk-adjusted returns). The only area that has had some air time, relates to regulatory reporting and capital adequacy rules.
So, there is lots to be done on the risk management front. But I guess first the low hanging fruit and compliance.
I also want to add, that we will be facing NEW risks that didnt exist before in the financial system. We havent even identified them but we can start from understanding that GRC needs to be real-time and able to quantify the complexity of the relationships in a sharing economy, with open APIs, and platform business models.