Non-Financial Risk and Operational Resilience: The Rise of Machines — Remarks by Assistant Superintendent Ben Gully

Non-Financial Risk and Operational Resilience: The Rise of Machines - Remarks by Assistant Superintendent Ben Gully to the C.D. Howe, Toronto, Ontario, February 7, 2019.

"Technological advancements point toward a promising future. For financial institutions, fulfilling promises is how they build and maintain their reputations. From a prudential perspective, OSFI is interested in how financial institutions adapt and respond to technological changes.

Critically, our shared interest lies in how these risks may affect trust and confidence – or "reputation" of financial institutions because without it, financial institutions will struggle."