In the aftermath of the economic crisis, more and more organizations are asking themselves, “How could we have avoided this crisis?” The scope and complexity of markets and products make it extremely challenging to quantify the overall risk exposure of financial institutions. The additional dependency on risk exposures and compliance mandates and lack of an enterprise wide risk strategy adds to the challenge. As such, most financial institutes are in the process of evaluating or planning to evaluate an integrated enterprise risk management solution - a fully integrated solution for managing the entire end-to-end risk management functionality including risk & control assessment, issue management, key risk indicators, risk metrics and loss management on a single solution.
Join this online panel discussion that discusses key evaluation criteria, as per the industry norms and standards. Topics will include:
- Key concerns and top priority for the risk management team
- Integrated Risk Management, Loss Management, Scenario planning & Remedial action
- Criteria for evaluating the risk management solution
- Enterprise platform for managing the risk
