Chief Executive Magazine Article featuring Marsh ClearSight’ President Paul Marushka.
September 11, 2014 – Enterprise risk management is a top priority today for the C-suite and corporate boards given the changes in regulatory compliance and the rapidly evolving risks of cyber security, social media and geopolitical issues.
Despite the importance of risk containment, most C-suites are ill equipped to address it. Today’s risk management operations are not enabled to assist company leadership in making optimal decisions around the total cost of risk.
Frequently, data is the disconnect culprit: its timeliness, accuracy, and the way it’s presented and interpreted. Though companies are now more data driven, few can keep up with the demands of big data, due to ineffective data models and siloing.
Leveraging New Technologies
Now, we’re at a tipping point in enterprise risk management where converging technologies—such as cloud computing, the Internet of Things (IoT), and predictive analytics—are changing the way companies identify and manage risk. Read the full Chief Executive Magazine Article: click here.