Enterprise risk management (ERM) solutions help to mitigate risk. However, as this report will show, these solutions also support capabilities that increase performance and output.
- Users of ERM solutions are 4.8 times as likely to track and benchmark sovereign risk, compared to those with no ERM.
- With integrated ERM solutions establishing workflows and processes to maintain compliance, ERM users are 3.2 times as likely to be able to assess and track audit risk exposure.
- Users of ERM solutions are 71% more likely to have a centralized repository of regulatory information.
- Users of ERM solutions are four times as likely to have training ans tools provided to ensure Sarbanes Oxley SOX and AML compliance.
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