Today, financial services organizations are pursuing a strategy that provides greater links between risk and performance. They are being challenged to develop better risk management indicators, more integrated risk management, and to embed risk in the front office. They need to improve all three lines of defense to manage operational risk and improve performance and develop links between risk and finance to produce risk-adjusted performance metrics.
Taking these steps will be useful evidence of a comprehensive risk program. A portfolio-wide view of risk will help firms to manage risk better by giving them a clearer view of their situation.
Wolters Kluwer Financial Services helps these organizations with a comprehensive suite of risk management technologies to address compliance, credit risk, financial crime, market risk, liquidity risk, and operational risk.
OneSumX for Risk Management has been created solely for financial services and deliver the processes, best practices, regulatory intelligence, and analytics required by this highly regulated industry. We provide best-of-breed risk management, compliance, finance, and performance solutions to provide financial institutions with better control and management of their financial data, and a clearer enterprise view and enhanced management of risk and performance.