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Aon Global Risk Technology Survey 2012

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Auditability In 2009, auditability did not appear in the overall top ten list; however, this year it ranked as the tenth most important benefit of using risk technology. This may be because auditability aligns with the number one benefit—accuracy and reliability of data. It further indicates how the importance of verifying and tracking data as well as changes to this data over a period of time has only increased in recent years. Auditable data as well as being able to report on development of transactional data—such as claims reserves and payments—over periods of time also provides the benefit of compliance with businesses' ever increasing regulatory burden. Without the assurance of auditability, data may be corrupt or invalidated due to unauthorized tampering. It can also be lost if it is moved from one reporting system to another. Any of these scenarios places the organization at risk. At a time when most businesses are risk averse, ensuring that their operational and financial data is valid is clearly a top concern. 24 Global Risk Technology Survey 2012 Aon Risk Solutions | Aon eSolutions 10 10

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