Enterprise Risk Management

Corporate boards, CEOs, CFOs and other members of the senior leadership team are facing unprecedented levels of business complexity, changing geopolitical threats, new regulations and legislation, and increasing shareholder demands. To address these challenges, business leaders are embracing the discipline of enterprise risk management in the planning and assessment of strategic objectives, and the monitoring and reporting on risks associated with those objectives.

Thomson Reuters offers a comprehensive governance, risk and compliance solution that includes a purpose-built component for enterprise risk management. The enterprise risk management functionality enables an organization to assess strategic risks and objectives across the enterprise, link strategic objectives with enterprise risks, minimize loss and enhance the decision-making process. Thomson Reuters governance, risk and compliance solutions offer a consistent and sustainable framework for identifying and managing enterprise risks resulting from failed processes, people, systems or external events.

Using the enterprise risk management profile of Paisley Enterprise GRC^® can help safeguard businesses against losses, earnings surprises and reputation damage by strengthening the management of strategic, market and other financial risks and can provide more effective controls over non-financial risks such as fraud, systems failure and breaches in compliance with regulatory and corporate guidelines. In addition, the enterprise risk management functionality supports an improved decision-making process by providing a clearer understanding of businesses objectives and associated risks, and offering more focused management information and delivering a better understanding of the trade-offs between risk and reward.

Thomson Reuters delivers this industry leading risk management functionality as a component of Paisley Enterprise GRC or GRC on Demand^®