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5MB: Information Management — July 11, 2012
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News Flashes
Composite Software and Armanta Partner to Deliver Risk Management Solutions for Financial Services
Data virtualization vendor Composite Software and Armanta, Inc., a provider of an integrated BI and analytics platform, have formed a partnership to deliver end-to-end enterprise risk management solutions to the financial services industry. The recent financial crisis points to a need for better enterprise level risk management, Robert Eve, executive vice president of marketing at Composite Software, tells 5 Minute Briefing. However, he notes, the challenge with traditional risk management is that it does not include enough factors for the analysis or may not be capable of handling the volume of information that should be considered for analysis. "If you can't access all the information, or the information is at a volume level that is too great to analyze, then you are really not able to manage risk, and do what-if analysis to avoid problems."
Posted 11 Jul 2012 / July 11, 2012 Issue
 
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