Gain the capabilities and information needed for cost-effective compliance
With IBM Risk Management Solutions, you can turn your investments in risk management and compliance into competitive advantage. These solutions deliver:
- A robust information repository.
- Comprehensive reporting system.
- An effective information delivery mechanism to key stakeholders.
Discover how Swiss Re (PDF, 172KB) implemented IBM Insurance solutions to:
- Increase efficiency by consolidating 40 change processes into one.
- Move from ITILv2 to ITIL v3 best practices via a central deployment process.
- Support compliance with internal and external service requirements for service changes and new releases.
What IBM offers
Operational and IT Risk
Retain the right records, in the right form, for the right amount of time. Identify, address and monitor actions to mitigate any risks in business and IT operations.
Fraud Analysis and Prevention
Deliver vital information to integrated case and investigation management processes which can save your company millions of dollars per year. For example, enhance your ability to leverage entity resolution and name matching to enable customer due diligence, know your customer, and ensure anti-money laundering actions.
Risk Compliance (including Solvency II)
Implement a cost-effective information repository and reporting capabilities for compliance requirements while building a business transformation strategy. Provide faster, higher quality financial reporting through improved data integration and reporting. Build a foundation for meeting other regulatory compliance requirements as well as business operating needs.
Benefits of Integrated Risk Management solutions
- Potentially save millions of dollars per year by preventing fraud, avoiding fines, and enhancing productivity throughout your organization.
- Maintain or improve financial strength through better capital allocation and enterprise risk management.
- Analyze and model historical data to detect fraudulent claims and reduce the costs associated with underwriting and/or claim leakages.
- Clearly understand risk exposure across product offerings, lines of business, geographies and markets.