ERM is a risk assessment dashboard tool that helps protect risks and trends in 8 key areas:
Instead of monitoring these risk areas individually, financial institutions can group these categories together and measure the risks and trends through one convenient tool – Scout’s Enterprise Risk Management (ERM) Dashboard.
What is an ERM Dashboard?
An ERM dashboard is a tool that helps you collaboratively mitigate risks and trends in the 8 key risk areas. It is the most effective way to measure and manage all of the risks that affect your institution. Save time through better workflow. Generate reports that quickly show your institution’s actual risk posture.
ERM is fast becoming an emerging examination trend. Our new version of Scout 3.0 reveals the ERM dashboard as a prominent feature to fit the evolving needs of our customers. Good news, if you are already a Scout user, your current information in Scout will automatically populate the ERM dashboard so that you can get to work right away.