The Active Risk Blog


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How you do manage a risk you don't know about? Extend your risk management platform   A recent story on the BBC website BBC http://www.bbc.co.uk/news/business-28737071 about British pork farmers being at risk if Russia bans the import of foreign pork, reminded us just how diverse risk can be.   It set me thinking about globalisation, supply chains and the effect on business. Globalisation has enabled many organisation to trim costs by extending their supply chains and move to just-in-time inventory. Rather than keeping the supply chain in-house or at least closely controlled, now most processes that are not a core business tend to be outsourced to specialists that can build economies of scale. However disruptions to a supply chain that you no longer control can reduce revenue as sales are lost, damage market share as customers place orders with competitors, increase ...  



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Come and see at our Global Customer Conference Series   As many of you will know, our Global Customer Conference series is drawing near and we hear from Keith Ricketts, Marketing Director at Sword Active Risk, about the list of illustrious guest speakers this year.   When we set about drawing together the programme for each of the events, we look to find inspirational speakers, who each have something to share about the human side and the practice of risk management. These, we find, complement the technical and commercial speakers to give you, our customers, a well-rounded experience.   This year, we are so happy to have found three highly experienced risk takers and risk managers; a gold medal winning Olympian; an Astronaut; and possibly one of the most senior risk managers in UK industry today. If you haven’t registered for the event as ...  



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We talk to Active Risk's Chief Technology Officer, Darren Thorpe, to learn more about some of the important changes that happened behind the scenes in the run up to the release of the company's latest release of its Enterprise Risk Management solution - ARM 7.   How do you decide what should go into a new release?   So, before we talk about specific processes, it's important to understand how we work and what's changed. We now use Agile methodologies across the business here at Active Risk. This is a way of working that literally enables us to be fresher in our thinking, more responsive, communicative and open in the way we develop, respond to issues, get feedback and go to production.   What does that involve?   Well, when assessing the functional requirements for the release, we draw up a list of problems that need to be ...  



ARM7.0

Everyone at Sword Active Risk are delighted to unveil our latest major upgrade; ARM 7.0. We've listened to you our customers and provided many new features that you've been asking for. Most notably is the new Audit Management capabilities and the extended reporting facilities.   This latest version is very much a sign of things to come from Active Risk. Now, as part of the Sword Group, we are putting more resource into developing our products to provide you with the very best Risk Management solutions, particularly for those of you looking to extend your use of ARM to integrate risk and audit functions.   We're keen to hear what you think of the new version, and to know what you'd like to see in future upgrades. Contact your Account Manager today for more details on ARM 7.0.   Keep an eye ...  



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If you haven't already seen it, quickly nip out to the shops now to get a copy of today's Times which has a 16 page supplement on Business Risk Strategies.   Dr. Daniel Imhof, a long time user of ARM is quoted in the feature 'How to create a culture where risk is understood'. Other articles include 'Guard against risk but don't stifle growth', 'UK faces up to a world of big risks', and 'Integrate risk and balance the books...'   Click here to for a copy of the Roche/Active Risk case study.