Enterprise-wide total cost of risk management using ARQ

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

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Details

C705S035000

Reexamination Certificate

active

07809634

ABSTRACT:
The invention relates to the business disciplines known as Enterprise Risk Management, or ERM and with the addition of this invention, Strategic Risk Management, or SRM. It specifically relates to the quantification or measurement and validation of the historical impact of all risks and risk management activity on an organization. The invention provides a methodology to measure, baseline, track and benchmark the total cost of all historical risk events, including both positive and negative events, and risk-related activities that impact the earnings of an organization.

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