Risk & Insurance Management

Risk Intelligence Software

Verdantix defines risk intelligence as: “A combination of external data feeds, expert insights and/or technology to identify patterns, correlations and anomalies that could signal emerging threats.” Risk Intelligence software systematically and holistically identifies risk and uncertainty in specific areas helping organizations forming a forward-looking and actionable view of risk. These solutions also provide insights into multiple risks angles such as operational, reputational, regulatory and cybersecurity.

Organisations need to have a clear view of external risks that threaten their operations. However, forming that view is a challenging task given the complexity of data and areas of concern. Demand for risk intelligence software is fuelled by ongoing geopolitical tensions, which remain at the top of the risk agenda, as well as structural macroeconomic weaknesses, which require advanced data and insights. In addition, risk intelligence solutions help firms navigate an already complex global regulatory landscape and the risks that emerge from technology such as cybersecurity.

Key capabilities

Actions
AI-Assisted Insights
Compliance Management
Data Management
Technology Maintenance and Customer Product Support
User Controls

Common use cases

Enterprise Risk Management (ERM)
Financial Risk Quantification
Third-Party and Supply Chain Risk Assessment

Who it's for

Chief Compliance Officer
Chief Financial Officer (CFO)
Chief Information Security Officer (CISO)
Chief Risk Officer
Head of Operational Risk
Risk Manager

Common integrations

Enterprise Data Platforms
Enterprise Resource Planning (ERP)
Governance, Risk and Compliance (GRC) Platforms
SIEM Platforms

Which functions and work specialisms are typically served by Risk Intelligence Software?

Evaluating Risk Intelligence Software?

Luis Niño leads Verdantix research in this category. Speak to them for independent guidance on current coverage and the right shortlist for your requirements.

Speak to Luis Niño