Enterprise Risk Management | Wolters Kluwer Financial Services OneSumX
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OneSumX for Enterprise Risk Management

  • Measure, Monitor, and Manage Risk Exposure with the OneSumX solution for Enterprise Risk Management (ERM)

    All financial organizations must engage in some form of Enterprise Risk Management (ERM), the process of planning, organizing, leading, and controlling the activities of an organization in order to minimize the effects of risk on capital and earnings. ERM expands the process to include not just risks associated with accidental losses, but also compliance, strategic, operational, and other risks.

    Wolters Kluwer OneSumX ERM solution offers industry-specific and proven content, technology, and consulting to help customers consolidate disparate risk processes into a comprehensive enterprise-wide risk management practice.

    With our ERM solution you can:

    • Increase visibility and control over enterprise risks
    • Improve ROI on all risk management expenditures
    • Reduce reputational risk and fines through early detection
    • Enhance identification of systemic problems
    • Prioritize remediation plans through central control
    • Enhance decision support delivered through executive dashboards and drill-down reports
    • Improve business performance by creating relationships between Key Risk Indicators (KRIs) and business objectives
    • Remove silos and create a single point of truth for risks across the enterprise