According to the recent Gartner® report, 5 Ways to Apply Data & Analytics to Risk Management, 58% of board directors expect to increase their risk appetite in 2024-2025 — meaning that simply relying on traditional risk management practices may no longer be sufficient.

The report's key findings:

• Organizations are accepting more business risk to drive growth, with 58% of boards planning to raise their risk appetite in 2024-2025.
  
  
• Risk leaders are struggling to keep pace, often relying on outdated tools and qualitative data while other functions advance with analytics.
  
  
• With rising executive focus and peer pressure from early adopters, risk leaders must adopt modern technologies, data, and analytics to strengthen their processes.

This Gartner report reveals the 5 key ways risk leaders can leverage data and analytics to improve risk identification, mitigation, and reporting.

What we believe you'll learn by reading this report:

• How to expand risk identification beyond structured data sources.
• How GRC tools can streamline risk mitigation and eliminate reliance on spreadsheets.
• The power of real-time risk monitoring to improve decision-making.
• How to enhance risk reporting using advanced analytics and automation.

Download your complimentary copy now and stay ahead of the curve.