In this episode of Bearstone Insights podcast hosted by Andrew De Roy, together with Boris Milos, we discuss the future of risk consulting. We delve into the factors that pose a threat to risk consulting as a service and urge it to transform.

The introduction of automated solutions is significantly influencing risk consulting landscape. As such services are considerably cheaper, risk consultants have to reposition themselves on the market in order to remain competitive. This might also lead to polarization of the industry with high-end advisors on one edge and substantially cheaper automated solutions on the other.

We answer the following questions in the discussion:

- What are the current trends in the industry?
- Is ‘hollow middle’ a factor?
- Will pre-transaction investigations continue to see a price squeeze?
- What effect has the ‘death’ of investigative journalism had on risk consulting?
- What effect has the exponential growth of social media had, as well as other information overwhelm?
- Will risk consultants ever gain the same prestige as lawyers or investment bankers
- Will risk consulting remain a rather Anglo-Saxon industry?

About the guest:

Boris Milos is a partner of Bearstone Global. Boris has more than 15 years of international experience in corporate finance (M&A, valuation, risk management and derivatives), as well as corporate strategy and business development experience (business modelling, product development, proofs of concept, case management). His sector experience includes banking and asset management, telecoms, tech, energy, startup and venture capital.

Find out how technology is changing risk consulting: bearstone.global/technology-risk-consulting