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Guard against poor decision making by balancing risk and opportunity

 

  • Overview
  • Solutions
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Manage risk

Inaccurate risk assessment can lead to poor decision making, high costs and scrutiny from regulators. With so much
data to analyze, you need a systemic approach to effectively identify and assess all of the risk exposures - known
and unknown - that your business faces.

In a 2010 study, more than two-thirds of the respondents reported that they had at least one significant risk event in the previous year. Of those respondents, only 20 percent had both anticipated and reasonably estimated the impact of that event.

Organizations must identify every risk - from threats to the company’s reputation to data breeches and risk of non-compliance with regulations - and weigh them against business opportunities. By analyzing big data, you can strike a balance
between risk and opportunity.

Guard against poor decision making by balancing risk and opportunity.

  • Financial risk - Understand the potential impact of financial risks, enabling more risk-aware strategic decision making.
  • Operational risk and compliance - Employ an integrated and comprehensive approach to managing operational risk and meeting regulatory requirements.
  • Enterprise risk management - Manage business risks to strike the right balance between risk taking and commercial gain.

Next steps

Contact us today to learn how to harness the power of Big Data & Analytics solutions in your organization – you can complete the form  or call us at 877-454-4898, and we would be delighted to consult with you and make specific recommendations.

Get started with IBM solutions

Improve risk management, earn customer confidence

The cascading impact of shocks to the global financial system makes it critical to track risk holistically in real time,
rather than manage it in silos. An integrated approach to understanding risk - with greater transparency - can increase confidence among management, stockholders and customers.

Leverage risk to achieve better outcomes

Businesses focused on integrating fragmented risk management processes must also synthesize the various kinds
of risk - from fraud risk to reputational risk to legal risk, and so on—into one holistic understanding embedded into the
fabric of the organization to drive business outcomes.

Meet the persistent challenge of regulatory change

The risk of reputational and financial harm from failures to meet the plethora of ever-changing regulations burdens
enterprise compliance programs. Understand precisely how new risks from cloud computing, social media, enterprise
mobility and big data impact regulatory compliance, and take steps to avoid non-compliance.

Next steps

Contact us today to learn how to harness the power of Big Data & Analytics solutions in your organization – you can complete the form  or call us at 877-454-4898, and we would be delighted to consult with you and make specific recommendations.