Tag Archives: Risk Profile

A Case Study on Enterprise Risk Management: Allstate Inc.

In 2000, The Allstate Corporation started on an exciting and uncharted new course: to become an early insurance industry adopter of enterprise risk management (ERM). It has been a complex journey that has helped provide a deeper insight into the company’s underlying risk profile, enhanced the way Allstate manages risk in several significant ways and helped generate actions to better exploit risk opportunities.

The company’s initial effort began some years earlier at the direction of then-CFO, Tom Wilson, who established new capital allocation and valuation models for use in the finance function. Later, as Wilson moved into an operating role, John Carl joined Allstate as CFO and asked his staff what the company’s risk-adjusted returns were. A series of conversations resulted in a decision to explore developing a more quantitatively rigorous approach to measuring risk, similar to what was practiced in the oil and gas industry. Click here to read more…

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BMC Software Case Study

A global leader in business service management software requires 100% uptime service level to support mission-critical business application reliability and decrease downtime. But from hardware upgrades to construction and maintenance to dedicated, specialized staff, the capital expenditures and ongoing operating costs are significant. BMC Software knew that providing the level of reliability it needed could be cost-prohibitive.

BMC Software Case Study

When BMC Software was considering where it should house its mission-critical business applications, the company used an extensive criteria matrix to identify a data center provider that had a low risk profile and that would be able to mitigate outages. “We could have designed, built and operated our own data center, but when we analyzed the numbers, we decided to go with IO Data Centers” says BMC Senior Director John Richey. “They were notches above what BMC could build in the timeframe that was required.” Click here to read more…

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A Case Study on Tier One Investment Bank

Business Challenge: Due to an increasing complexity of portfolios and systems needed to manage them and increasing customer demand, the company needed to capture information from the market, process it internally and rapidly provide it to customers in the best possible format. The highly manual nature of paper-based processing of corporate actions also created a high risk profile and greatly increased the risk of losing money due to human error.





With the rise in volumes, the company also wanted to establish greater volume sensitivity to increase operational efficiency. The company wanted to achieve greater operational efficiency through consistency in its processing. Replacing many of the manual possesses that dealt with corporate actions was essential but it also wanted to remain flexible to any future market developments. Keep reading