Risk analytics has traditionally been the mainstay of financial services organizations – banks, insurers, brokerages, credit cards, etc. However, if risk is identified and quantified, organizations in all industries can adopt appropriate risk mitigation measures
Identifying and quantifying risk will benefit any organization – transaction fraud for a credit card company, default risk for a mortgage firm, project delay risk for a construction company, patient readmission risk for a hospital, premia for insurers etc.
Taking a unified approach by tying risks associated across an organization can give its leaders a holistic view that will help in two ways – bring in a slew of tactical risk mitigation measures, and strategic decision making at various levels that bakes in relevant risk.
Financial Risk
- Delinquency Modeling
- Credit Worthiness
- Transaction Fraud
- Billing Fraud
- Predictive Underwriting
- Risk-adjusted Premia
Operations Risk
- Early Warning Systems
- Supply Chain Risk
- Retail Shrink
- Project Risk