From your reputation to your bottom line, information has impact. Financial institutions need to go beyond traditional auditing measures of risk in order to get a total picture of their level of exposure and, moreover, move beyond a defensive posture to one that views risk management as a strategic competitive advantage.
A company's reputation can account for much of the 30–70% gap between the book value of most companies and their market capitalizations. Corporate executives bear a heavy responsibility to safeguard their organizations' reputation and assets. To truly thrive, organizations must master the overarching risk landscape characterizing the world in which they do business, even if they can not be quantified by usual accounting practices. These threat types include:
- harm to corporate reputation
- potential liability from external associations with partners
- volatile socio-political climates in highly leveraged global markets
Financial institutions must have a firm grasp on the level and sources of enterprise risk exposure in order to make informed decisions in the course of normal ongoing business or in response to a crisis situation. That means taking solid advantage of all the data at one's disposal, whether contained in internal systems or, more importantly, information residing on the Internet. In fact, leaders in the intelligence community working to pre-empt threats to public safety believe that upwards of 95% of the information required to do their jobs is available on the Internet and have, along with many Fortune 1000 clients, relied on RiverGlass solutions to help them locate and distill essential web content in a time-critical manner.
- Intelligent search zeros in on truly relevant information around your particular investment domains of interest
- Persistent monitoring keeps continuous track of overnight markets
- Data compilation pulls together diverse, user-generate web-based information with syndicated market reports and services to get a unified picture across sources of information
- Analytical summaries of found documents saves precious time in getting to the heart of information needed to make confident business decisions
- Identification of specific actors, events and their meanings helps paint a more dynamic picture of market happenings, even providing insight into possible fundamental market changes
Today, information is plentiful, ubiquitous and extremely consequential. Automatic, efficient, and concise delivery of the information that is only relevant to you enables your organization to make highly informed decisions with confidence.