Top 8 Benefits of the Risk-Based Performance Methodology

Tuesday, August 3, 2010 at 8:08AM
Editor in Costs, Losses, Reporting Processes, Risk Appetite, Risk-Based Performance

Risk-Based Performance Management enables:

1. Improvement of Delivery of Strategy

2. Decreased Capital Costs

3. Management and Monitoring of Risk Appetite and Exposure

4. Achievement of Performance Targets

5. Improvement of the Allocation and Utilisation of Capital

6. Reduction in Risk-related Losses

7. Simplification of Reporting Processes

8. Reduce the cost and burden of engaging with regulators

Article originally appeared on StratexSystems (http://www.stratexsystems.com/).