The Evolution of Enterprise Risk Management

Oct 14, 2011


In today's uncertain and highly scrutinized financial services industry, achieving effective risk management is vital for survival. From regulatory burdens to investor expectations to boardroom demands, the need for transparency is greater than ever. Yet an enterprisewide view of risk remains out of reach for many organizations, which continue to face data integration challenges arising from legacy systems, business silos and outdated processes. The companies that can obtain true ERM, however, not only can do a much better job of identifying and reacting to emerging risks, they can improve their decision-making, seize a competitive advantage and generate bottom-line returns. We examine the need for enterprise risk management, the benefits of holistic data management and ERM best practices. (S3691011)

Research Report