Financial services organisations are under intense scrutiny from regulators, customers, investors, employees, and even the public at large.

One misstep – say a compliance problem or data breach – can jeopardise customer confidence, raise the ire of regulators, and result in costly fines. And that’s especially unwelcome news for an industry already contending with decreasing margins and increasing competition from non-traditional sources in a rapidly digitizing world.

These days, there is no patience or forgiveness for disparate risk management systems that obscure the truth.

The complex risks of financial services firms need to be viewed collectively, not individually. You must be able to connect the dots between all risks to make intelligent decisions that will achieve your goals. And a growing number of financial services firms are turning to Enterprise Risk Management to do just that. ERM pulls all of the pieces together so you can anticipate, assess, mitigate and monitor every form of risk throughout your organisation. It helps you understand the full impact of risk – negative and positive – so you can minimise threats and capitalise on opportunities. With ERM, risk transforms from an organisational liability into a strategic advantage.

Having the right technology is critical to managing risk at an enterprise level. But that’s just the beginning. To be successful, the ERM mindset must be embedded into the very fabric of the organisation. After all, risk is everywhere.

This e-book will help you understand what ERM is, why it’s worthwhile, and how to begin holistically managing risks and opportunities in a truly integrated way.