Risk Performance Metrics for an Enterprise Risk Management System

Key Risk Indicators are like an early warning system to a Financial Institution.?An enterprise’s robust resilience to risk is a very important factor for continued trust of customers and business growth.

Risk identification & control is key to resilience. Resilient organizations use insights from advanced technology to respond proactively to potential risks and reduce their impact well in time.

Accurately enumerated risks, clear quantifiable metrics to measure the magnitude of these risks are key to a meaningful RAF.

A comprehensive, data-driven approach to risk performance tracking helps companies identify potential areas for cost savings and overall performance improvement. A prioritized set of Key Risk indicators help to establish risk thresholds and connect with the risk appetite levels adopted by the organisation across the various risk types in a methodical, data driven, standardised manner.

Enterprise Risk Management are digital solutions that provide rich dashboards to capture the most relevant risk metrics calibrated to the audience. It becomes an important input for governance, business continuity, compliance and organisation wide strategic & operational decisions.

IDBI Intech, through its “Compliance-as-as-service” offerings, is addressing the progressive changes in the governance, risk management and compliance ecosystems worldwide.

We also have leading products: in multi-channel payments reconciliation with global security certification; payments middleware ensuring high data consistency and integrity; payments application suite built for eGovernance/compliance - the Government Liquidity Management System for PFMS; Core Banking Transformation services and more digital solutions.

IDBI Intech has been a trusted IT partner to some of the largest Public and Private Sector Banks, Insurance Companies and NBFCs in India and overseas. Their delight and continuing relationship is our success.

To know more, please visit our website and book your free demo:?www.idbiintech.com

Making “The Customer WIN” is our brand motivation and to “Build on Promise and Deliver on Trust” is our brand assurance.