AKZONOBEL
Managing complex
global data
PROBLEM:
Netherlands-based AkzoNobel, a
leading global paints, coatings and
specialty chemicals company, needed to
utilize data more effectively for its global
insurance programs while standardizing
and automating processes.
SOLVED:
RiskConsole replaced AkzoNobel's
in-house system and lessened the
company's reliance on spreadsheets.
As a result, AkzoNobel saves 500 hours
each year that had been devoted to
aggregating data and producing reports
while eliminating the need for a full-time
IT resource.
ABOITIZ EQUITY VENTURES
Thriving amidst change
PROBLEM:
This Philippine-based conglomerate
faced challenges arising from a
booming economy and increasingly
stringent corporate-governance
regulations. Coping with change and, as
a result, ensuring long-term sustainable
growth became a top priority.
SOLVED:
Aboitiz set a goal of improving its
capacity to anticipate and respond
as needed to big-picture risk. The
company's risk management team
plays a big part in those ongoing efforts.
Supported by RiskConsole, Aboitiz
has improved risk transparency, thus
burnishing its already strong reputation
for good corporate governance.
8 Visit ventivtech.com/resources for many more case studies featuring
leading companies like United Technologies, Starwood Hotels, Shire,
TUI Travel and Henkel.
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