The concept of enterprise risk demands new attention from finance leaders globally. Complexity, globalisation and digitalisation are just some of the elements at play in the risk landscape—and data is becoming a core part of understanding and navigating risk.
How do modern finance leaders view, navigate and manage enterprise risk with data? Dun & Bradstreet surveyed global finance leaders across industries and business types. Here are the top three risk trends that emerged from the study:
- The Enterprise Risk & Strategy Disconnect—Finance leaders are using data and managing risk programs, but over 65% of finance leaders say there’s missing link between risk and strategy.
- The Risks of the Use and Misuse of Data—Up to 50% of the data used to manage modern risk is disconnected. Only 15% of leaders are confident about the quality of their data.
- Risky Relationships—Only 20% of finance leaders say the data they use to manage risk is fully integrated and shared.
Download the study below to learn more about how finance leaders are approaching data and enterprise risk management.