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Risk Management Software Deployment Your Guidebook to Success
Importance of a seasoned team
One of the best assets a RMIS provider can bring is a seasoned data team
that knows what to look for and can help the client design the data
conversion process to meet the agreed-on goals.
For a client that already has a RMIS but is changing vendors, the team can help ensure
that the new reports balance as the prior ones have done. Once the client makes the
transition, they are usually thrilled to have a reliable dataset on which to base critical
business decisions. They have all their data aggregated in one place, from all their
different vendors as well as any internal systems and can report on all that data across
coverages, currencies, policies, etc. The process is automated, with controls and
alerts built in.
Spotlight on data security
Clients are also calling for extreme security across all the data that
their RMIS handles. With all the sensitive information RMIS systems are
handling today, they are insisting that it be both encrypted and sent
securely. The setup also must ensure that the data is accessible to only
those users who need it in order to load data into the system. This focus
on security will continue, particularly with emphasis on requirements like
HIPAA. RMIS providers must have the controls in place to keep the data
secure.