Risk Management remains an expensive process for any enterprise. Yet the cost, lack of transparency and continuing ROI challenges have little to do with the measuring and presenting of most risks. The challenge lies in the growing number and complexity of data sources, as well as the plethora of supporting applications deployed around an increasingly distributed enterprise. This distributed and often fragmented environment gives credence to the assertion that enterprise risk management is a horizontal integration rather than a deep vertical discipline.
Pneuron provides a real time, non-intrusive and highly scalable GRC transparency “heartbeat” for the entire global enterprise. Organizations can deploy preferred models and analytics directly to the many sources of critical enterprise data: Customer repositories, counter parties, correspondents, partners and vendors. In the same way, direct connections are made to operational sources: payments processing and trading systems, point of sales systems, content and data subscription sources, reference data, general ledgers, and any other source of operational data – both internal and external to their operating environment..
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