Data in all its facets has dramatically impacted financial organizations in the last two years, both positively and negatively. Whilst rich pools of data have allowed for exciting businesses opportunities, it has simultaneously tasked business with extracting valuable insights with Read More …
Category: Enterprise Risk Management
How to Use Decision Intelligence to Improve Risk Management, Customer Experience, and Fraud Detection
Three Steps For Engaging The Board In ESG Initiatives
With stakeholder attitudes continuing to suggest that environmental, social and governance (ESG) principles be prioritized within a company’s organizational strategy—thus serving as key drivers of growth—it’s crucial that board members possess an awareness of ESG-related risks and the fluency to Read More …
Reputational Risk and Its Prominence in the Business Strategies of Companies
Since corporate reputation became an essential asset for the survival of companies, the term “reputational risk” has begun to be valued with more relevance in the business strategies of companies. The value of business intangibles has skyrocketed in recent years, Read More …
Are organizations treating cyber risk as a quantifiable business risk?
Businesses across industries today have become digitized not just as an operational enhancement but as an inevitable requirement. However, the spike in the number of digital endpoints has also meant an uptick in the level of cyber risk that organizations Read More …
FROM RISK TO OPPORTUNITY: NAVIGATING A COMPLEX ESG LANDSCAPE TO FUTURE-PROOF YOUR BUSINESS
As environmental, social and governance (ESG) issues continue to draw the attention of business leaders, it’s time the financial-services industry reframes its approach to ESG and recognizes the short- and long-term business value of developing agile ESG practices. Traditionally, corporations Read More …
7 Ways CFOs Can Create Value With ERM
More than ever, CEOs, boards, and cross-functional partners are looking for their CFO to bring structure to the decision-making process. While they need support in clarifying and executing their business strategies, there is also a desire for greater assurance over Read More …
How to manage the demands of an evolving business environment
What are the current challenges facing chief financial officers today? Chief Financial Officers (CFOs) continue to grapple with significant business-related challenges in today’s dynamic economic environment. On the people front, these are things like the ‘Great Resignation’ and addressing hybrid Read More …
Why Automating Financial Services Without Risk Management Can Be Reckless, And How To Automate Responsibly
Companies in every industry are embracing the power of automation. From streamlining processes to simplifying operations, organizations are finding new ways to increase efficiency and improve experiences for both customers and employees. For companies in the financial services sector, however, Read More …
As Climate Risk Grows, So Will Costs for Small Businesses
To address growing climate risks, businesses will have to set aside an increasing share of their cash flows. Hurricanes, wildfires, and the rise in sea levels impose costs on firms, both in preparation and response to these disasters. As the Read More …
How businesses can manage fraud and risk without compromising on customer experience
Businesses have witnessed an influx of fraudulent activity over the last few years. Merchants and e-commerce brands are feeling the pressure to provide customers with seamless and secure user experiences. Partnering with a vendor that uses the most up-to-date data Read More …