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
I recently attended Vision 2012, IBM’s conference for users of its financial governance, risk management and performance optimization software. I reviewed the finance portion of the program in a previous blog. I’ve been commenting on governance, risk and compliance (GRC) for several years, often with the caveat that GRC is a catch-all term invented by industry analysts initially to cover a broad set of individual software applications. Each of these was designed to address specific requirements...
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Topics:
Governance,
GRC,
Office of Finance,
Operational Performance Management (OPM),
OpenPages,
Analytics,
Business Collaboration,
IBM,
Business Performance Management (BPM),
compliance,
Financial Performance Management (FPM),
controls,
IT controls