Welcome to this edition of our Substack series, where we explore the evolving frontiers of risk, finance, and operational resilience.
Today’s episode takes inspiration from McKinsey & Company’s article “How Banks Can Boost Productivity Through Simplification at Scale.” The article spotlights a persistent problem: despite years of digitization and cost-cutting, many banks are still burdened by rising operational complexity and stagnating productivity.
Much of this drag, as we argue in our latest podcast, comes from a familiar but poorly quantified source—non-financial risk.
We introduce a powerful alternative: Risk Accounting. This emerging methodology redefines how institutions can identify, measure, and manage non-financial risks in real time. By doing so, it enables a form of strategic simplification that doesn’t just trim costs—but aligns operations, risk mitigation, and capital allocation for lasting impact.
In this episode, you’ll hear how Risk Accounting helps make the invisible elephant in the room—unseen risk—both visible and manageable.
Listen in, and join the conversation on how risk transparency could be the missing lever for real productivity in banking.
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