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.
RELX Cuts Through the Noise of Insurance Renewals with Riskonnect
Learn how RELX transformed insurance renewals with structured, reliable data, reducing friction and improving accuracy. Download the case study.
Monte Carlo Analysis: A Powerful Tool for Risk Management
Monte Carlo risk analysis is a powerful technique used in risk management to model and visualize uncertainty and risk exposure based on different scenarios and outcomes. These simulations allow professionals to model uncertainties [...]
Effective Project Management in the Pharmaceutical and Life Sciences Sector
Pharma is booming, and the race to bring new drugs into the market has never been closer. This has underscored the pivotal role of effective project management in the pharmaceutical industry, as drug [...]
Financial Services Compliance: Move from Obligation to Opportunity
Financial services compliance is a daunting proposition for banks, insurance companies, investment firms, and FinTech firms worldwide. The rules and regulations are complex and ever-expanding – and compliance is often viewed as a [...]
Comprehensive Guide to Risk and Compliance in the Legal Sector
The legal industry is governed by complex regulations and high standards of ethical conduct, necessitating stringent legal risk and compliance measures. With these requirements comes a multitude of risks that law firms must manage to [...]
U.S. Army Successfully Combats Project Risks with Riskonnect’s Active Risk Manager
The United States Army oversees dozens of complex projects critical to national defense and has relied on Riskonnect for nearly a decade to manage risk and keep those projects successfully advancing forward. DOWNLOAD THE [...]
Managing Compliance in the Pharmaceutical and Life Sciences Sector
For years now, the pharmaceutical and life sciences industry has had to contend with a less than stellar reputation mainly due to unethical business practices and high drug prices. The pharmaceutical industry is [...]
5 Project Management Risks and What You Can Do About Them
5 Project Management Risks and What You Can Do About Them Every project has its risks. With a small project of short duration, modest budget, and few stakeholders, those risks may be relatively [...]
Managing Risk: Lessons for the Education Sector
Schools, colleges and universities have had a lot to deal with over the past two tumultuous years. And with new risks emerging at a regular pace, heads of educational institutions no doubt have a [...]
Workers’ Compensation Predictive Modeling: 7 Models That Make a Difference
Today’s increasingly sophisticated workers’ compensation predictive modeling can accurately forecast which injured workers are most likely to struggle with returning to work, which claims could turn into something severe, and which claims need [...]
Securing Critical Infrastructure from Cyber Threats: A Wake-up Call for Energy and Utility Sectors
In recent years we have seen businesses across the globe adopt digital operating models, and utility companies are no exception. These national companies that are keeping critical infrastructure afloat providing water, gas, electricity, and [...]
New Aged Care Act Reforms Set to Transform Australia’s Aged Care Sector
Three all-encompassing mega reforms are set to transform Australia’s aged care industry! A new ‘Aged Care Act’, strengthened aged care quality standards, and a new model for regulating aged care are all launching [...]
A Comprehensive Guide to Regulatory Change Management
The current regulatory landscape is constantly evolving with modern businesses subject to a myriad of regulatory challenges at local, national, and international levels regardless of their industry. Regulatory change occurs at a rapid pace driven [...]
The Evolution of the Crisis and Business Continuity Exercise
By Matt Hinton, Partner, Crisis and Security Consulting, Control Risks The business continuity exercise – also known as simulations, tabletops, semi-lives, or drills – has always been a core component of crisis management [...]
How to Align Your Operations with COSO Requirements
The COSO frameworks provide thought leadership and guidance for organizations regarding internal controls, enterprise risk management (ERM), fraud deterrence, and governance. Complying with these detailed frameworks can be challenging and complex and not [...]
Three Tips for Presenting Risk to the Board
Reporting risk to the board is essential to help directors understand risks, the impact, and what is being done about them. But it is not a clear-cut activity. What to report and when [...]