Analytics and the application of Business Intelligence concepts to Performance and Risk Management are fundamental to the Risk-based performance methodology; therefore we would like to share with you this short video that points to the future if BI. The potential to apply this technology to performance and risk management is very interesting. Enjoy!
One of the challenges around performance and risk management and management information in general is enabling the business approach with easy to use software. It is no different for the Risk Risk-based performance methodology.
For Risk-based performance to be sustainable for our clients it must be supported by software. Over the last 18 months, we considered a number of options for supporting the methodology with software and finally decided that PerformancePoint, Microsoft’s flagship Business Intelligence application was the best platform on which to develop for a Risk-based performance solution.