Sooner or later when implementing risk management the risk team will face a dilemma: reduce the scope of risk analysis or automate. For example, market and credit risk management very quickly become impossible to do manually, especially if management wants to monitor daily expected shortfall and track against risk limits. Same with many operational risks… Continue reading Is your risk management software solving these 3 problems or is it just pretty reporting?
Tag: compliance risk management software
ISO and COSO haven’t got a clue. You can and should quantify compliance risks
Every organisation is required to comply with laws within the countries it operates in, the legal and regulatory requirements vary between different regions adding to the need to have understanding and confidence in the risk management processes in place. Organisations face considerable uncertainty when making decisions and taking actions that may have significant compliance consequences. The management… Continue reading ISO and COSO haven’t got a clue. You can and should quantify compliance risks
