Selecting software for risk management

▤ Summary

You won’t necessarily see this in surveys, for example those of the ERM Institute – which show no improvement, even possible degradation in the maturity of risk management programs. But I am seeing it in a couple of areas: • Practitioners who, based on their comments to my blogs, have not only embraced the need for change, but are on that journey. This latter is reinforced by my good friend Michael Rasmussen in his post from early November: Rethinking Risk Management RFP Requirements. • Organizations need to get beyond the marketing hype of buzzwords and misleading analyst rankings to really understand if the technology can deliver on the requirements of their risk management maturity journey. Mature and valuable risk management is more than forms, surveys, workflow, and tasks and requires risk quantification, modeling, analytics, and reporting that is aligned with business objectives and in the context of business objectives.

▦ Linked Companies

First Reference

$1M to $5M