Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Introduction Third-party risk management (TPRM) is an essential component of a company’s overall risk management strategy. It involves identifying, assessing, monitoring, and mitigating risks associated with the use of third-party vendors and service providers. These risks can range from data Read More …
Introduction Operational risk management (ORM) is a critical aspect of a company’s overall risk management strategy. It involves identifying, assessing, monitoring, and mitigating risks arising from inadequate or failed internal processes, people, systems, or external events. The importance of ORM Read More …
The World Health Organization (WHO) has released two draft appendices to a recent draft guideline on good manufacturing practices (GMPs) for excipients. The first document recommends manufacturers develop risk management plans for controlling and preventing contamination of high-risk excipients. A Read More …
In today’s rapidly evolving business environment, effective risk management has never been more critical. Organizations are increasingly recognizing the importance of anticipating, understanding, and mitigating risks to safeguard their assets and ensure long-term success. The Risk Management Association of India Read More …
Whistic is proud to announce the launch of Assessment Copilot, the newest addition to its groundbreaking suite of AI-powered third-party risk management (TPRM) capabilities. Whistic AI and Assessment Copilot automate the heavy lifting involved in TPRM at every stage of Read More …
Marsh McLennan has unveiled Sentrisk, an innovative AI-powered platform designed to revolutionize the way businesses manage global supply chain risk. Sentrisk, developed through the combined expertise of Marsh and Oliver Wyman, aims to comprehensively map supply chains, identify vulnerabilities, and enhance Read More …
A new suite of property risk analysis tools designed to help risk managers make decisions based on total cost of risk has been launched by global re/insurance broker Aon. The tool, which Aon says is “just the start” of a Read More …
Diligent, a GRC SaaS enterprise with headquarters in Sydney, Australia, has introduced Board Reporting for Enterprise Risk Management (ERM). The ERM dashboard, a new component of the Diligent One Platform, presents easily understandable risk reports replete with relevant and verifiable Read More …
Some of the traditional methods used for credit assessment of businesses such as using credit history to predict behaviour or analysing cash flows and profitability using bank statements and financial statements are not very helpful. Credit risk is the foremost Read More …
In the era of Gen AI, risk management practices in the financial services industry need to be ready for significant evolution. According to Custodia Technology, the integration of AI technologies necessitates an audit of existing compliance frameworks to exploit their full Read More …