Enterprise Risk Management Solutions (ERM): A Buyer’s Guide

The rise of remote work, surges in data breaches and ongoing geopolitical volatility have all made enterprise risk management solutions (ERM) interesting in recent years, to say the least — as have more rigorous standards and reporting requirements.

Vendors have noticed and responded. A variety of technologies are now available in the marketplace, promising a quick fix to risk challenges. But not all enterprise risk management solutions are created equal — you need features and functionalities that fit with your ERM strategy and reflect your organization’s level of ERM maturity, with the ability to grow.

To ensure an informed shopping experience, we’ve compiled a list of key questions to ask potential vendors in the following areas:

• End-to-end risk management basics
• Data management
• Security
• System performance and scalability
• End user experience