RiskTech Journal 2.0: Navigating the Future of IRM

Welcome to the next chapter in the evolution of Wheelhouse Advisors' RiskTech Journal. This newly inspired edition is the result of a six-month effort to create groundbreaking research and analysis on the integrated risk management (IRM) market, set to inform future blog articles and empower our readers to excel in the ever-evolving risk landscape.

A significant milestone in our renewed focus is the publication of the 2023 IRM Navigator™ Technology Market Map Report. This indispensable tool is designed for executives and risk leaders seeking to navigate the complex landscape of IRM technology vendors. It offers a comprehensive view of the market, enabling informed decision-making when selecting the best solutions for your organization.

Discover the 2023 IRM Navigator™ Market Map

Expert analysis unveils IRM Market Leaders, Accelerators, and Pace Setters, guiding professionals through the intricate risktech vendor landscape.

The RiskTech Journal will concentrate on the four critical IRM market segments and the innovations within each domain, driven by the emerging risk landscape. These segments are:

  1. Operational Risk Management (ORM): Addressing risks related to an organization's operations, spanning financial, reputational, and compliance risks, as well as those arising from daily activities and strategic initiatives.

  2. Information Technology Risk Management (ITRM): Identifying, assessing, and mitigating risks associated with IT infrastructure, data security, and digital assets, ensuring the reliability and resilience of technology systems.

  3. Enterprise Risk Management (ERM): Developing a holistic approach to risk management, fostering a risk-aware culture that integrates risk assessment, monitoring, and mitigation across the organization.

  4. Governance, Risk, and Compliance (GRC): Ensuring adherence to regulatory requirements, effective governance practices, and robust risk management while promoting ethical behavior and corporate accountability.

The future of risk management technology will be driven by increased demand for making more informed business decisions. Organizations now focus on four key risk objectives, regardless of size, industry, or location: performance, resilience, assurance, and compliance. Our revitalized RiskTech Journal will guide readers through the latest developments in the risktech space, showcasing how technology can provide a competitive advantage.

Future topics to be explored in the RiskTech Journal include:

  • Digital risk: Managing digital transformation's threats and opportunities, from data breaches to emerging technologies.

  • Cybersecurity: Protecting organizations against cyber threats and ensuring confidentiality, integrity, and availability of information assets.

  • Sustainability reporting: Disclosing the environmental, social, and governance (ESG) performance of organizations to stakeholders, enhancing transparency and accountability.

  • Supply chain management: Mitigating risks within the supply chain, from supplier disruptions to geopolitical uncertainties.

  • Internal control management: Establishing and maintaining effective controls to ensure the accuracy and reliability of financial and operational reporting.

  • Board of directors’ risk oversight: Ensuring that boards of directors effectively oversee an organization's risk management processes and maintain a risk-aware culture.

  • Risk disclosure regulatory requirements: Navigating the complex landscape of risk disclosure regulations and ensuring compliance with ever-changing rules.

  • Integrated corporate reporting: Providing a comprehensive view of an organization's performance, risks, and opportunities through integrated reporting frameworks.

  • IRM technology vendors: Evaluating the diverse range of IRM technology solutions and selecting the best fit for your organization.

Join us on this exciting journey as we uncover the latest insights and innovations in integrated risk management. Stay ahead of the curve and unlock the potential of IRM technology with Wheelhouse Advisors' RiskTech Journal. Subscribe now, and together, let's navigate the future of risk management.

John A. Wheeler

John A. Wheeler is the founder and CEO of Wheelhouse Advisors, a global risk management strategy and technology advisory firm. A recognized thought leader in integrated risk management, he has advised Fortune 500 companies, technology vendors, and regulatory bodies on risk and compliance strategies.

https://www.linkedin.com/in/johnawheeler/
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Taming Digital Risks: $41B IRM Market Confronts SVB, FTX & SolarWinds Debacles