Digital Money – Resilience and Operational Risks

In this episode, Paolo Sironi sits down with Patrick McConnell, author of “Digital Money: Operational Risks and the Threats to Operational Resilience”. They discuss the far-reaching impacts of emerging types of digital money upon financial institutions’ operational risk and resilience profiles. Many new operational risks could potentially arise as digital money innovations are integrated with existing systems. In addition to helping to manage existing risks, operational risk management (ORM) groups will have to become experts in technology and cryptography. Patrick’s comprehensive analysis of how the digital financial ecosystem is adapting covers: emerging types of digital money, evolving global and instant payments, cryptocurrencies, central bank digital currencies (CBDCs) and stablecoins. They also discuss other financial and technology innovations, such as post-quantum computing.

GUEST SOCIAL MEDIA

Patrick McConnell – https://www.linkedin.com/in/pjmcconnell/

IBM FinTech Strategy and Author
About the Author
Paolo Sironi is the global thought leader in banking and financial markets at IBM Institute for Business Value. A trailblazer in fintech, Paolo’s insights resonate across the industry, making him one of the most respected voices in the field. As the host of THE BANKERS’ BOOKSHELF podcast, he brings cutting-edge research to life, sharing the stories and strategies behind financial innovation. With a career spanning from start-up entrepreneurship to leading risk management as a quantitative engineer in investment banking, Paolo’s expertise bridges the gap between technology and finance. His groundbreaking books, including the Amazon bestseller "Banks and Fintech on Platform Economies", have become essential reading for professionals navigating the evolving financial landscape.
[shows-menu]