Strategic Risk Associates Launches ERM Watchtower Website
RICHMOND, Va. (PRWEB) July 17, 2018 -- Strategic Risk Associates, LLC (“SRA”), a national risk software and consulting firm with a financial services practice, announces the go live of our ERM Watchtower website, http://www.ermwatchtower.com.
Over 25 financial services clients use recently launched ERM Watchtower to help them continuously aggregate, manage and report their key risk and performance. In addition, ERM Watchtower helps them dynamically manage and monitor their Risk Appetite and Risk Profile. Designed by financial industry professionals, ERM Watchtower is a one-of-a-kind cloud-based executive and strategic level risk dashboard. It provides both a top down approach and a regulatory perspective to increase shareholder value while managing key risks for financial institutions large and small.
ERM Watchtower has enabled clients to dramatically improve their Risk Culture and as result, every institution is a reference account. Linked to their Call Reports and internal systems and containing a library of over 1,000 key risk indicators and key performance indicators, it is easy to implement, use, and extremely flexible. The KRIs allow clients to continuously track their risks while the KPIs allow them to track the strategic initiatives and financial targets to achieve their business goals.
About Strategic Risk Associates
Strategic Risk Associates is focused on helping financial firms measure and accelerate performance while aggregating, analyzing and optimizing educated risk taking across all categories. Team members have backgrounds as financial industry executives and regulators, and decades of consulting and advisory experience supporting growth, quantifying risk, and designing best practice methods, workflows and processes to improve business practices.
Their collective subject matter expertise informs the design and functionality of the ERM Watchtower solution, which aggregates and standardizes KRIs and KPIs across business lines and categories and facilitates real-time, effective board and executive oversight and action with simplified reports and clear visualization of the institution’s performance against key objectives and risk versus reward balance.
Michael Glotz, Founding Partner, Strategic Risk Associates, http://www.srabank.com, +1 8043176586, [email protected]
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