Riskonnect Blog
Welcome to Riskonnect, the place where risk and compliance professionals can find expert advice, practical tips, and useful information to do their jobs easier, faster, and more effectively.
8 Surefire Ways to Improve Your Risk Management Program
Operational disruptions, system downtime, fraud, fines for noncompliance, market changes, and technology shifts are just a few of the risks organizations are battling today. Any organization still managing risk with old-school silos and [...]
7 Reasons to Update Your Billing Software
Billing software has always been a key component of an insurer’s administration product suite, used to set up payment plans, calculate due payments and dates, maintain account receivables, produce invoices, facilitate payment intake, [...]
The Double-Edged Sword: The ESG Impact of AI in Risk Management
By Kim Alderman, Director, AI Innovation Lab, Riskonnect, Inc.Artificial intelligence is transforming business – and risk management is no exception. Implementing new tech offers plenty of amazing opportunities to enhance risk assessment capabilities and [...]
7 Steps to Create a Culture of Risk Awareness
How to get everyone to consider risk in every decision — and why that’s crucial to long-term success. Many organizations are prioritizing agility and adaptability by building risk awareness among all employees, [...]
Canada’s OSFI Guideline E-21: What You Need to Know Now
Canada’s Office of the Superintendent of Financial Institutions – OSFI – is the latest in a long list of governing bodies to publish new requirements for operational resilience. Guideline E-21 was published on August [...]
Boost Your Organization’s Resilience with ISO 22336
At any moment, a host of causes could disrupt your operations and have you scrambling to get back to normal. Natural disasters, climate changes, global conflicts, pandemics, epidemics – any could bring your organization’s [...]
New Survey Reveals How Organizations Are Using AI to Manage Risk
Risk managers are seeing the value of generative AI and putting it to work to help them do their jobs, a Riskonnect survey shows. The most frequent uses of AI were risk forecasting [...]
Windsor-Detroit Bridge Authority Builds Collaboration with Riskonnect’s ARM
Sam Crebolder, manager, project controls for Windsor-Detroit Bridge Authority, explains how easy-to-use Active Risk Manager has saved time and improved accuracy, while giving both senior leaders and those looking for details the reports [...]
IFRS S1 and S2: How to Achieve Sustainable Success
IFRS S1 and IFRS S2 are the first ESG reporting standards released by the International Sustainability Standards Board. Together, these standards provide a framework for aligning financial and sustainability reporting. While these are [...]
4 Common IT Security Integration Pitfalls and How to Avoid Them
There’s no end to the number of software tools designed to help organizations boost efficiency and achieve objectives. That’s a blessing because no matter the need, there’s likely a tool for it. But [...]