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.
Banking Compliance: Top 5 Challenges
Banking compliance professionals continue to confront myriad regulatory requirements around the globe, as well as internally driven demands. And this frenzy of activity is not expected to slow down anytime soon. Here are five [...]
Three Reasons to Add a Chief Risk Officer to Your C-Suite
By Jim Wetekamp, CEO, Riskonnect Disruptions across the world are spurring changes in risk oversight and leading many organizations to think long and hard about adding a CRO. Consider the numbers: LinkedIn reports [...]
Risk Management for Tomorrow: What Must Break to be Rebuilt into Something Better
By Jim Wetekamp, CEO, Riskonnect Forbes Council Member | Forbes Technology Council The past year has been full of unexpected risks, unwanted surprises, and unimaginable consequences. Organizations everywhere were caught flat-footed by a [...]
Building Business Resilience in a Chaotic World
The past year has been nothing but a constant flow of disruption. Businesses have had to keep up with a crush of new risks related to employees working from home, supply-chain disruptions, severe [...]
Digital Transformation in Banking: Don’t Overlook Risk Management
Technology has always played an integral role in banking. And that’s never been truer than today. The pandemic accelerated digital transformation in banks, which are now finally beginning to understand the urgent need [...]
CCPA 2.0 is Here. What the CPRA Means for You
Jim Wetekamp, CEO Riskonnect California’s new Consumer Privacy Rights Act of 2020 (CPRA) is here. The law is an expansion of the California Consumer Privacy Act (CCPA) and is designed to strengthen data-privacy protections [...]
Buying a RMIS? 10 Tips to Get the Right Solution for You
Today’s RMIS – Risk Management Information System – offers an array of sophisticated applications to help you manage every aspect of risk. From claims administration to cost allocations, the options are practically endless. And [...]
How to Make the Most of Your 2021 Risk Budget
How to Make the Most of Your 2021 Risk Budget Jim Wetekamp, CEO Riskonnect Global manufacturers, among the hardest-hit by the COVID-19 pandemic, are looking for tangible ways to bolster resiliency – [...]
Brexit is Unnerving the UK Financial Services Industry: Here’s Why
EU law ceased to apply in the UK on January 1, 2020, under a last-minute trade deal between the UK and the EU. The question now is what impact will Brexit have on the [...]
Is an Investment in ERM Software Worth It? Find out with the Enterprise Risk ROI Calculator
Boards and the C-suite may recognize that Enterprise Risk Management technology will provide better oversight and enhance risk management efforts overall, but still be reluctant to allocate budget. The challenge is defining and [...]
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