Risk data and integration

In this webinar, Crowe specialists discuss challenges and solutions for managing risk data.

Presenters

• Andrea Dollen, Managing Director, Consulting
• Raj Pipalia, Consulting
• Trent Teister, Consulting

Webinar topics

• Effective risk management requires integrating data from across the organization, and it provides a holistic view of risks and assets.
• Data governance and integration enables improved decision-making, reporting, monitoring, and accountability, and it helps eliminate data silos.
• The three pillars of data governance are people, process, and technology. Engaging stakeholders and establishing clear policies are critical components of data governance.
• Data integration can be challenging because of issues such as poor data quality, lack of resources, and misaligned priorities. A phased, prioritized approach is recommended.
• Modern data frameworks such as data lakes and lakehouses provide flexibility and accelerate time-to-insight compared to traditional data warehouses. They also allow organizations to analyze data faster.
• Integrating risk data into a governance, risk, and compliance platform is crucial for a cohesive program. It connects different risk activities and provides standardized data.
• Organizations should assess their current data governance state by engaging stakeholders and defining clear, measurable objectives. They should also take steps to identify synergies between groups that own data, take advantage of technology, and monitor and report progress.

Note: Only attendees of the live webinar are eligible for CPE or CLE credit for qualifying webinars. If you view the webinar recording on this page you may not be eligible for CPE or CLE. For questions about CPE contact [email protected].

Additional CPE information