Enterprise Risk – The Devil is in the Data

 

11 September 2013

Chartis, the leading provider of research and analysis on the global market for risk technology, has issued a new report on the Data Management and Business Intelligence (BI) for Risk.

For financial institutions, the main risk management challenge has been and always will be the problem of providing clear, relevant risk information to the right people at the right time.

Improving data management and BI for risk and compliance is now a matter of urgency for the financial services industry. “Data management and BI form the foundation of risk management systems,” comments Peyman Mestchian, Managing Partner at Chartis. “The current wave of regulations and the need for improved risk governance are leading to greater investment by financial institutions in robust risk aggregation and reporting technologies.”

The Chartis report provides in-depth coverage of the market for data management and BI solutions for risk, including the business requirements of financial institutions, regulatory drivers, technology requirements, and the competitive landscape for leading data management and BI vendors.

The report examines the role of common data models, data reconciliation, data aggregation, real-time capabilities, Big Data technologies, visualization tools, and decision support systems.

The report uses Chartis’s RiskTech Quadrant™ to explain the structure of the market and the vendor landscape. The RiskTech Quadrant™ uses a comprehensive methodology of in-depth independent research and a clear scoring system to explain which technology solutions meet an organization’s needs.

A free executive summary of the report can be downloaded at http://chartis-research.com/research/reports/data-management-and-bi-for-risk

About Chartis Research

Chartis is recognized internationally as the leading research and advisory firm focused exclusively on the risk technology market. For more information, visit http://www.chartis-research.com

RiskTech Quadrant™ is a registered trademark of Chartis Research Limited.

Chartis Research is authorized and regulated by the Financial Conduct Authority (FCA) for providing investment advice.

Media Contact:

Helen Townsley
Director – Market Development
[email protected]
UK +44 20 8387 5401