Strategic Focus: Dissecting The Dynamic Risk Intelligence Industry

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Executive Summary

Risk intelligence (RI) is a cornerstone of proactive risk management in dense and deeply interconnected business environments. It combines external data feeds, expert insights and technology to detect patterns and assess risk. This report examines how RI vendors use curated data, statistics and specialist knowledge to measure risk quantitatively and help senior management and risk teams determine the significance of identified risks. As firms transition to more active risk mitigation strategies, they should use the report to assess the existing industry landscape and the RI solutions best-suited to their challenges. 
Overview of the risk intelligence (RI) process
Demand for RI is driven by a complex global risk ecosystem
RI systems can provide an edge in dynamic, fluid situations
Vendors are offering RI curated data and insights through innovative technology
Risk leaders should consider the cost, accuracy and security of RI solutions
Figure 1. The components of risk intelligence
Figure 2. Delivery strategies of risk intelligence vendors

About the Authors

Luis Niño

Luis Niño

Principal Analyst

Luis is a Principal Analyst at Verdantix, focusing on how regulatory requirements intersect with GRC strategies, and delivering insights that help clients understand and optim...

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Bill Pennington

Bill Pennington

VP Research

Bill is VP Research at Verdantix, where he leads analysis on the evolving and interconnected landscapes of EHS, quality, AI and enterprise risk management. His research helps ...

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