Connected Risk, our governance and compliance software platform, has won another award. Discover how the 2018 Risk Management System of the Year is meeting technology challenges across risk and compliance.
- Thomson Reuters Connected Risk is named Risk Management System of the Year by the Global Investor Group at its Investment Excellence Awards 2018.
- Connected Risk is a suite of solutions across the spectrum of risk management, including Risk, Compliance, Audit, Regulatory Change, and Model Risk.
- The award comes as an independent report by Celent takes a detailed look at the current and future state of GRC technology.
I am delighted that Thomson Reuters Connected Risk, our next generation risk management software platform, has been voted Risk Management System of the Year by the Global Investor Group at its Investment Excellence Awards 2018. This award further confirms our commitment to providing innovation to risk management and challenging outdated work practices and technologies.
The judging committee for the Global Investor Group was impressive: Jack Inglis, AIMA; Peter de Proft, EFAMA; and Mike Foster, Montfort Communications (a senior consultant with 40 years of experience in financial journalism).
Risk management spectrum
The panel specifically highlighted the capability of Connected Risk to integrate with a client’s legacy solutions, the continued and targeted investment in product development, and the holistic view of internal and external data that it provides.
Thomson Reuters Connected Risk is a cutting edge technology platform that offers a complete suite of solutions to cover the spectrum of risk management — including Risk, Compliance, Audit, Regulatory Change, and Model Risk.
The platform aggregates, visualizes, and prioritizes risks from all areas of the business, and serves as an umbrella offering to connect with legacy solutions where required. The end result is an enterprise-wide view of risk, where information is available on a dashboard easily tailored to meet your needs.
The depth and breadth of our experience empowering customers to understand and embrace risk with confidence spans decades. We are proud to have won the Risk Management System of the Year award as a testament to our continued leadership in innovation.
Thank you to industry peers
Connected Risk has been recognized with several accolades this year, including nominations and special honors, and recently won Best Solution for Managing Operational Risk at the A-Team Group’s RegTech Awards 2018.
With the launch of our out-of-the-box solution, Compliance Management, that streamlines, executes, and monitors combined regulatory and compliance programs, we continue to build out and deliver new platform capabilities on Connected Risk.
As with every award-winning solution that went before it, this latest addition takes the experience of an extensive client base of compliance professionals and uses Connected Risk capabilities to provide solutions beyond those of previous generation technologies.
Thomson Reuters is proud of the recognition of excellence embodied in these awards. Thank you to everyone for their ongoing support.
We recently commissioned an independent report by Celent that looks at the current and future state of GRC technology.
The research showed that many gaps still remain for visibility of risk, as organizations rely on fragmented data and processes tools to inform risk decision-making.
The report sought to answer three key questions:
- What are the main challenges facing risk and compliance offices today?
- What are the limitations of current approaches to GRC?
- What capabilities are needed to support a next-generation, integrated GRC paradigm?