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IRM 2021: The Year of Uncertainty and Change

John Wheeler

No doubt, 2021 will be the year of uncertainty and change. As it turns out, uncertainty and change are the two primary aspects of strategic, operational and technology risk fueling the current demand for integrated risk management (IRM). These uncertainties can make or break a business.

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Building Tax Planning into Enterprise Risk Management Strategies

Jet Global

Tax planning is playing an increasingly important part in corporates’ enterprise resource management (ERM) strategies, driven by the many uncertainties created by political, economic, and pandemic-related trends. Reputational management is another driver for boards to build tax planning into ERM strategies.

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PODCAST: COVID19 | Redefining Digital Enterprises – Episode 7: The Impact of COVID-19 on Financial Services & Risk Management

bridgei2i

Episode 7: The Impact of COVID-19 on Financial Services & Risk. Management. The Impact of COVID-19 on Financial Services & Risk Management. Additionally, institutions are finding it difficult to forecast trends, as historical data isn’t relevant anymore. Listening time: 12 minutes.

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5 signs your agile practices will lead to digital disaster

CIO Business Intelligence

They are afraid of failure and the uncertainty of knowledge work, and so that’s stressful. Agile is an amazing risk management tool for managing uncertainty, but that’s not always obvious.” The key is recognizing that planning must be an agile discipline, not a standalone activity performed independently of agile teams.

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Lack of Time for Analysis, Adoption of New Technology and Data Limitations are Top Challenges Facing Finance Teams, According to insightsoftware Survey

Jet Global

May 11, 2021 – In the early days of the pandemic, cash flow management took center stage for many businesses and risk management continues to be a priority this year as business leaders depend more than ever on finance teams for decision-making support. RALEIGH, N.C. – COVID-19 Response & Economic Recovery Indicators.

Finance 98
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The trinity of errors in financial models: An introductory analysis using TensorFlow Probability

O'Reilly on Data

All models, therefore, need to quantify the uncertainty inherent in their predictions. Errors in analysis and forecasting may arise from any of the following modeling issues: using an inappropriate functional form, inputting inaccurate parameters, or failing to adapt to structural changes in the market. Wojciechowski, and E.E.

Modeling 133
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How Your Finance Team Can Lead Your Enterprise Data Transformation

Alation

These include missing out on new revenue opportunities, poorly forecasting performance, and making bad investments. And, by implementing continuous data reviews, finance teams better support compliance and risk management. Analyst productivity: With Alation, finance teams gain an end-to-end data management perspective.

Finance 52