Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Enterprise risk management The Committee of Sponsoring Organisations of the Treadway Commission (COSO) defines enterprise risk management as, “a process, effected by an entity’s board of directors, management, and other personnel, applied in strategy setting and across the enterprise, designed Read More …
The future will be digital; the past several pandemic years have shown that the shift to digital is happening even faster than expected. A McKinsey global survey found that companies’ digital offerings and adoption accelerated by six to 10 years Read More …
Tata Consultancy Services has launched an agile and intuitive risk-based monitoring solution for clinical trials, that enables intelligent decision making, increased compliance and improves study efficacy. Part of the TCS ADD suite, the new risk-based monitoring solution enables biopharmaceutical and Contract Read More …
In corporate banking, risk management strives to limit the risk exposure and asset losses for a financial institution. It can be extremely complicated, and it requires sophisticated data analytics that is increasingly real time. Its scope is very wide, and Read More …
Data privacy is highly regulated in the financial services sector, and cloud computing can help organizations remain in compliance with complex requirements. The use of cloud service providers (CSPs) in the financial services industry continues to become more widespread. In Read More …
Every day we hear about new ways automation is transforming businesses and customer-facing applications – for example, insurance claims processing or automated retail support services. It’s no surprise recent estimates forecast enterprise AI spending is expected to reach $500 billion by 2024. Read More …
While the turbulence from the Covid-19 pandemic continues to shape the global business ecosystem, one important trend remains unchanged: our steady march toward a data-first world. Today, companies need to put easy access to reliable and consistent data in the Read More …
Today, nearly any company – even enterprises with large teams of sophisticated data scientists and engineers – can be brought to heel by machine learning (ML) models that fail spectacularly in the real world. Whether it’s demand forecasting models upended Read More …
11th Allianz survey: Cyber incidents remain top business risk for the fifth consecutive year while Pandemic outbreak and Business interruption round up the top three risks for businesses in India for 2022 – all strongly interlinked Natural catastrophes moves up two spots to #4 and Climate Read More …
Risk managers will remember that their concerns about the exacting terms of compliance with the new Coronavirus Emergency Restrictions enforced in March 2020, which resulted in widespread business closures, were compounded by anxieties about the rise in crime that might Read More …