As risk practitioners it is no surprise to us that risk is becoming more important to the corporate agenda. These days it is widely acknowledged that risk touches every aspect of an organization and as such, is often owned not just by risk managers, but also departmental and business heads. We have designed ARM 9 to reflect this, building in new features that support collaborative working and encourage engagement across the business.
For example, the new Document Vault allows users to store documents against activities, portfolios, risks, audits or incidents, and because it supports commonly used file types, it is accessible for all users. Plus we have included new data views that allow users to Risk Adjust at both the project and enterprise level, giving valuable business performance information to support strategic decisions.
We have also recognized that hosted software is an increasingly popular delivery model for a wide range of business applications, which is why we now have our ARM cloud offering on Amazon Web Services. It means that we can provide ARM via a secure service that enables you to reduce your infrastructure costs, while providing a reliable platform for your risk data.
We believe that adopting the ARM Cloud model gives you a host of benefits. As an Amazon Web Services partner we deal with all software and hardware upgrades, removing the workload from your IT team. Access is easy via a browser and internet connection, which means a range of desktop and mobile devices can be used, plus your data is totally secure and backed up away from your business premises.
We know that as an existing user of ARM you already recognize that Enterprise Risk Management helps your organization to tackle risk and opportunity potential head-on. Now with the new features that we have added to latest version of ARM, the question you should be asking is not; “Why should I upgrade?” but “When can I upgrade?”.