Banks have made big investments in risk-focused analytics. But with rampant digitization, it’s difficult to rapidly identify, prevent and respond to evolving risks – such as fraud risk, regulatory, credit, operational and climate risks. Today, banks must quickly build new models and adjust existing models to respond swiftly. The cloud is perhaps the single biggest enabler of this type of modernization. By employing cloud-based risk modeling and decisioning capabilities, banks can make faster, more sophisticated risk calculations that keep them one step ahead of existing and emerging threats.