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Why is enterprise risk management important today?

In light of the litany of firms that have failed due to poor risk management practices, the number of which has grown since the 2008 financial crisis and the increasing pressure from regulators and boards that followed it, Enterprise Risk Management continues to be a priority for many executive teams and firms.

The three main drivers for why Enterprise Risk Management is particularly important to firms today are:

1. To reduce cost and complexity within risk management

2. To effectively and efficiently respond to regulatory pressure

3. To create shareholder value in uncertain times

KRM22’s Global Risk Platform provides applications to help you address your firm’s regulatory, market, technology and operations risk challenges and to manage your entire enterprise risk profile. KRM22 is a public Group listed on AIM and headquartered in London, with offices in several of the world’s major financial centers.