Asizable number of executives have turned to the cutting-edge concept of enterprise risk management in recent years to strengthen their organization's risk oversight and management upon realizing the limitations of traditional risk management. An effective ERM solution is a vital and effective instrument that enables organizations to develop a comprehensive, all-encompassing understanding of the most significant risks that could impede the achievement of their long-term goals and objectives. Understanding, classifying, and quantifying an organization's risk tolerance is the primary goal of an ERM company.
The primary benefit offered by ERM companies is that their solution is constantly in use and receiving upgrades and improvements. The COVID-19 pandemic caused numerous firms to take proactive measures and evaluate their business continuity strategies to support teleworking environments.
Companies that provide ERM solutions assist enterprises with crisis management, employee safety, and adaptive response to the dynamic business environment. It is a generally accepted solution that strengthens risk management.
In this edition of CIOApplications Europe, we present the list of the Top 10 Risk Management Solutions Providers - 2022. Raiffeisen Bank International AG is one of the region's prominent risk management solution providers. We also bring to you thought leadership articles and exclusive insights from expert CIOs and CXOs— Dimitar Mutafchiev, Data Protection Officer/Head of Data Protection Section, DSK Bank & Matt Foster, Head of Information & Cyber Security at Lookers plc, presenting their views and opinions on how organizations can incorporate changes. We hope the valuable insights from industry thought leaders and the risk management solution providers featured in this edition help you make informed decisions for your organization.