THE DEFINITIVE GUIDE TO A RISK MANAGEMENT INFORMATION SYSTEM 12
Risk management has moved up the corporate agenda to become a
board-level concern. The pressure to produce timely reports, which show
a true picture of risks and exposures, is more intense than ever. Yet, risk
managers struggle to deliver the goods, with data tied up in disparate,
manually-based systems that are hard to pull together.
INCREASED FOCUS ON RISK MANAGEMENT FROM THE BOARD
We live in an age where governance and regulatory burdens keep
increasing and are more enforced than ever before. With the sheer
volume of risk and insurance data available, manual consolidation,
management and analysis of data to show compliance is no longer a
viable option, as reporting demands change frequently.
REGULATORY/LEGISLATIVE CHANGES
