Survey brings global risk insight

The Professional Risk Managers' International Association (PRMIA) and Microsoft announced the results of a survey conducted to determine global trends and perspectives on the future of risk management and compliance, writes Market Watch.

Survey respondents included 1 662 global PRMIA members, 84% of whom are from financial institutions and 16% from non-financial institutions.

Susan Hauser, vice-president of worldwide industry and global accounts at Microsoft, explains: "This global PRMIA survey, supported by Microsoft... uniquely captures the broader pulse of the risk profession beyond regulations, including vision, game changers, productivity, and a generational shift in talent pool and technology”.

IBM has unveiled software that helps businesses protect customer data and sensitive information from security breaches, states PR Newswire.

IBM InfoSphere Guardium 8 claims to allow organisations to simplify security and compliance regulations with a single set of automated and centralised controls for enterprise databases and applications.

The software is said to help enterprises meet compliance mandates by delivering stronger information governance controls to ensure the privacy and integrity of corporate data while simplifying audits.

SAS Institute India is eyeing a 50% growth in India this year, as banks and telecom companies invest in business intelligence tools to optimise operations and manage information assets, says Newsy Stocks.com.

The company's business in India grew 9% in 2009, when various industries were reeling under the impact of the global recession.

“Last year was a difficult one given the global slowdown. But we did see some large companies, including those in India invest in our software, particularly for functions such as customer intelligence and risk management,” says Sudipta Sen, CEO and managing director of SAS Institute India.