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Click here to access subscription content at The RTJ Bridge - The Premium Version of The RiskTech Journal 〰️
The RiskTech Journal
The RiskTech Journal is your premier source for insights on cutting-edge risk management technologies. We deliver expert analysis, industry trends, and practical solutions to help professionals stay ahead in an ever-changing risk landscape. Join us to explore the innovations shaping the future of risk management.
Charting the Course: A Deep Dive into the 2023 IRM Navigator™ Market Map Accelerators
In this analytical review, we offer a closer look at these exceptional companies segment by segment: Operational Risk Management (ORM), Information Technology Risk Management (ITRM), Enterprise Risk Management (ERM), and Governance, Risk, and Compliance (GRC) within the full IRM Navigator™ Market Map.
5 Game-Changing Benefits of Quality Management Systems in IRM
Companies that invest in QMS integration as part of their IRM technology strategy will not only benefit from increased product quality and process efficiency but will also be better positioned to navigate the ever-changing regulatory landscape. By harnessing the power of data and fostering a culture of continuous improvement, organizations can drive innovation and growth. With the help of Wheelhouse Advisors' IRM Navigator™ Market Map, businesses can make informed decisions and find the perfect vendor match to support their quality and risk management objectives, unlocking the transformational potential of an integrated QMS and IRM strategy.
Integrated Risk Management: The Power of the 3 C's
Managing risk is an integral part of success in any business. The ever-increasing complexity of global markets and unprecedented speed of technological changes necessitates a robust risk management strategy. Over the years, I have come to realize that the cornerstone of an effective integrated risk management (IRM) approach rests on three critical factors, which I like to call the 3 C's: Collaboration, Context, and Communication.
The Tectonic Shift in Global ESG Reporting: A Comparative Look at UK, EU, and US Regulations
The world of corporate reporting is amid a seismic shift, with new ESG reporting regulations in the UK, EU, and the US setting the stage for an era of heightened corporate sustainability and accountability. This article aims to provide a comprehensive overview of these regulatory landscapes and their potential impact on companies worldwide.
Unveiling the Pioneers: Wheelhouse Advisors' 2023 IRM Navigator™ Market Map Leaders
Discover the top Integrated Risk Management (IRM) technology vendors that exemplify leadership across four vital segments - ORM, ITRM, ERM, and GRC.
7 Ways to Master Third-Party Risk Management in Today's Complex Business Landscape
As the founder and CEO of Wheelhouse Advisors, my mission is to help organizations navigate the evolving digital landscape and adapt their third-party risk management strategies accordingly. This article will provide an updated and comprehensive guide to third-party risk management, highlighting its critical role in integrated risk management (IRM) and exploring key insights and best practices.
Risk Management Reinvented: The Bold Leap from GRC to IRM and the Masterminds Behind It
The landscape of risk management is continuously evolving, with Integrated Risk Management (IRM) emerging as the successor to traditional Governance, Risk, and Compliance (GRC) approaches. In this article, we will discuss the shift from GRC to IRM, explore the broader applications of IRM, and highlight the contributions of John A. Wheeler, the “Godfather of IRM” and Michael Rasmussen, the “Father of GRC”.
The Convergence Catalyst: AI and ML Fuel IRM to Unite ORM, ITRM, ERM, and GRC
The future of AI and ML will likely involve even greater integration across various risk management domains, enabling organizations to proactively identify risks, allocate resources more efficiently, and strengthen their overall risk management capabilities.
Celebrating the 2023 IRM All-Stars: Top 46 Vendors Revealed
To help organizations make informed decisions, Wheelhouse Advisors has conducted in-depth analyses and insights into the top 46 IRM technology vendors, which can be found in the IRM Navigator™ Market Map Report. The IRM market has witnessed considerable growth, with Wheelhouse Advisors projecting that the IRM technology market will reach $93 billion by 2030.
Taming Digital Risks: $41B IRM Market Confronts SVB, FTX & SolarWinds Debacles
The digital landscape is evolving quickly, bringing unprecedented opportunities and risks. High-profile cases like Silicon Valley Bank (SVB), the FTX bankruptcy, and SolarWinds illustrate the urgent need for businesses to adopt Integrated Risk Management (IRM) technology to anticipate, identify, and mitigate ever-increasing digital risks effectively. The growing IRM market and expanding digital risks due to the increasing number and connectedness of digital devices further emphasize the importance of adopting IRM solutions.
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.