The proliferation of chief “something” officer (CxO) titles over the past decades recognizes that there’s value in having a single individual focused on a specific critical problem. A CxO position can be strategic or it can be the ultimate middle management role, with far more responsibilities than authority. Many of those handed such a title find that it’s the latter. This may be because the organization that created the title is unwilling to invest the necessary powers and portfolio of...
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Topics:
GRC,
Office of Finance,
Operational Performance Management (OPM),
Chief Risk Officer,
CRO,
ERM,
OpenPages,
Business Analytics,
Business Collaboration,
Cloud Computing,
Data Governance,
IBM,
Business Performance Management (BPM),
compliance,
Data,
Financial Performance Management (FPM),
Risk,
Financial Services,
FPM
Integrated risk management (IRM) was a major theme at IBM’s recent Smarter Risk Management analyst summit in London. In the market context, IBM sees this topic as a means to differentiate its product and messaging from those of its competitors. IRM includes cloud-based offerings in operational risk analytics, IT risk analytics and financial crimes management designed for financial institutions and draws on component elements of software that IBM acquired over the past five years, notably from ...
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Topics:
GRC,
Office of Finance,
Operational Performance Management (OPM),
Chief Risk Officer,
CRO,
ERM,
OpenPages,
Business Analytics,
Business Collaboration,
Cloud Computing,
Data Governance,
Governance, Risk & Compliance (GRC),
IBM,
Business Performance Management (BPM),
compliance,
Customer Performance Management (CPM),
Data,
Information Applications (IA),
Information Management (IM),
IT Performance Management (ITPM),
Risk,
Supply Chain Performance Management (SCPM),
Financial Services,
FPM
Although I continue to believe that governance, risk and compliance (GRC) is not a firm software category, software vendors continue to add depth and breadth to their offerings that support corporate governance, help manage risks systemically in business and IT and provide greater visibility into compliance efforts. For example, with its release of OpenPages 6.0 IBM had made an important enhancement by marrying the document management capabilities of its OpenPages acquisition with Cognos’s...
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Topics:
Governance,
GRC,
Office of Finance,
Operational Performance Management (OPM),
Chief Risk Officer,
Business Intelligence,
Business Performance Management (BPM),
compliance,
Financial Performance Management (FPM),
IT Performance Management (ITPM),
Risk,
Internal Audit
