This article is the third in a three-part series exploring executives’ perspectives on disruptive technologies in the financial services industry. Previous installments looked at how the industry is using these technologies, and the specific areas where executives see potential risk.

In the recent survey conducted by ALM’s Corporate Counsel on behalf of Winston & Strawn, financial services executives reported that the pervasive use of disruptive technologies in their industry is introducing new risks to their organizations. To continue to innovate with new technologies, companies will need to find ways to address this increased risk profile. That may not be easy, but it’s not impossible. “There are regulatory and legal risks involved, but they are not insurmountable,” says Winston litigation partner Danielle Williams. “Financial services companies can identify those risks and manage them so that they can take advantage of the opportunities.”