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IT leaders adjust budget priorities as economic outlook shifts

CIO Business Intelligence

Security tops the list According to this year’s State of the CIO survey , cybersecurity and risk management are the top investment areas for 45% of IT leader respondents. For the immediate future, Lovelock says, budget issues will be, if not completely stable, at least manageable. Budgeting, IT Leadership, IT Strategy.

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4 IRM Market Trends Will Accelerate in COVID-19 Recovery

John Wheeler

Integrated Risk Management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. These efforts demonstrate the rising need for an integrated approach to risk management and highlight the following four IRM market trends.

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Data Management Ensures Basel III and IV Compliance

Octopai

If you’re a bank, however, taking risks doesn’t just have implications for you, but for all your customers and (if you’re big enough) for the economy as a whole. . Up-to-date data management makes meeting the credit risk and market risk standards much more feasible, and is absolutely necessary for operational risk.

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What is technical debt? A business risk IT must manage

CIO Business Intelligence

Types of technical debt One way to think about different kinds of technical debt comes from an influential 2009 essay from Martin Fowler. Management is increasingly using the concept of risk management to quantify and mitigate uncertainties facing the business.

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