Digitalization is transforming financial systems. Corporate leaders, academic researchers and policy makers tend to be cautious when considering the essence of finance amid digital transformation, wondering how far digitalization may influence the relationship between finance and real economy, the inter-actions between financial institutions and fintech companies, and the general financial intermediary system. Questions have arisen especially around the impact of digitalization on the risk function’s man- date, role, and organization as well as the capabilities, talent, and ways of working required to deliver a digitalized risk function. Also, when it comes to the regulation towards digitalized financial institutions, unique challenges accompany. The goal for this episode of the frontier dialogue series is to bring together prominent minds from diverse institutions to share frontier research, address critical issues, and provoke discussions that matter most on this subject. We cordially invite you to join us to explore a better solution to this critical issue.