Five Minute Briefing - Information Management
July 11, 2012
Five Minute Briefing - Information Management: July 11, 2012. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
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."