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4 IRM Market Trends Will Accelerate in COVID-19 Recovery

John Wheeler

Integrated Risk Management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. These efforts demonstrate the rising need for an integrated approach to risk management and highlight the following four IRM market trends.

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IT leaders adjust budget priorities as economic outlook shifts

CIO Business Intelligence

Security tops the list According to this year’s State of the CIO survey , cybersecurity and risk management are the top investment areas for 45% of IT leader respondents. For the immediate future, Lovelock says, budget issues will be, if not completely stable, at least manageable. Budgeting, IT Leadership, IT Strategy.

IT 131
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Data Management Ensures Basel III and IV Compliance

Octopai

If you’re a bank, however, taking risks doesn’t just have implications for you, but for all your customers and (if you’re big enough) for the economy as a whole. . Up-to-date data management makes meeting the credit risk and market risk standards much more feasible, and is absolutely necessary for operational risk.