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Model risk management

Model risk management

Model risk management

Risk management is important for a company because without it, a firm cannot possibly define its objectives for the future. If a company defines objectives without taking the risks into consideration, chances are that they will lose direction once these unknown risks start emerging. Enterprise risk management (ERM) is a holistic approach to understanding and managing risk throughout an organization.

There are many risk management programs and software available to choose from. ERM software & solution providers are evolving their marketing by using videos to communicate value and educate new customers. Video marketing is increasingly being used by risk management software to market their solutions.

For more information you can visit here: Model risk management Video

 

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