Methods and Practices: IDC Financial Insights% Worldwide Enterprise Risk Management Taxonomy, 2015

Methods and Practices: IDC Financial Insights% Worldwide Enterprise Risk Management Taxonomy, 2015

  • April 2015 •
  • 13 pages •
  • Report ID: 2114299 •
  • Format: PDF

This IDC Financial Insights report defines a blueprint for ongoing end-user market research and risk product and services spending forecasts in banking, capital markets, and insurance sectors across global IDC regions.

"Research and validation over the past two years have produced a 2015 edition of IDC Financial Insights' enterprise risk management taxonomy that represents the intersection of how chief risk officers invest in risk technology and services and how vendors bring solutions to the market. The three domains and seven risk technology submarkets capture and analyze capital investments and operational expenses tied to the risk discipline across the enterprise. CROs are encouraged to leverage the enterprise risk management taxonomy and submarkets as an industry standard from which to benchmark the completeness and effectiveness of existing programs, for determining the costs and budget requirements, and for defining requirements to the RIT vendor community," says Michael Versace, IDC Financial Insights' Global Research director.