Precise and timely risk management has taken centre stage as organizations grapple with the lingering effects of the COVID-19 pandemic, the threat of a recession, geopolitical instability and rapid pace of change. The number of businesses that’ve filed for bankruptcy are rising globally and in some countries reaching rates that’ve not been seen since the 2008 financial crisis. United States bankruptcies in the first six months of 2023 were the highest since 2010 among the companies covered by S&P Global Market Intelligence, while corporate insolvencies in England & Wales are near a 14-year high. The role of a Chief Risk Officer has never been more important, especially in today’s ever evolving and unpredictable business landscape. The importance of the role of a Chief Risk Officer cannot be overstated, especially in today’s ever evolving and unpredictable business landscape.

Advancements in AI & analytics that are catalysing innovation are able to aid in identifying and weeding out potential threats to business. PwC found that 62% of risk personnel agree that policy shifts in technology and data are driving the most significant changes in their businesses. Organizations must be prepared to face new risks and ever-changing customer demands and demographics in order to survive this new era.

To keep up in the coming decade, risk professionals must adopt a comprehensive approach and target on six key aspects being finance, operations, technology, organization, reputation, and business model. A study by Gartner’s found that 57% of boards of directors have increased or are planning to increase their risk appetite in 2023. This shows the necessity for companies to revise their strategies and operating models to foster business agility in order to provide accurate and timely risk insights for crucial decision-making. Being susceptible to change and reacting to emerging challenges will be critical for businesses to thrive and stay relevant.

The Chief Risk Manager Summit by Trueventus is aimed at equipping risk professionals with insights and perspectives on strategies to manage risk for future-readiness. Join us and discover how to successfully navigate fundamental disruptions, emerge stronger and gain a competitive advantage in the new now. Learn from leaders across different industries, uncover case studies from reputable speakers, experience the latest technology to improve data quality insight and take advantage of the excellent networking opportunities throughout the conference.

Archer is a pioneer in risk management delivering solutions for the heroes tasked with helping their organization deal with uncertainty. We enable better decision making with a technology platform to manage all types of risk. With more than 20 years of experience, Archer is solely dedicated to helping organizations manage risk, ensure compliance and meet emerging challenges such as ESG and operational resilience. Working with the largest pure risk management community globally with more than 1,200 customers of all sizes and industries, we help our customers not by building a wall around their business but by building a bridge to their next opportunity.

Our approach to Integrated Risk Management
Archer enables an organization to improve business performance through reduced risk, as well as make more informed and faster decisions. Archer helps organizations reduce risk with solutions that are designed to:
• Define and enforce accountability for risk and compliance issues;
• Enable collaboration on risk issues across business lines and organizational boundaries;
• Improve visibility by consolidating data and enabling risk analytics across the organization; and
• Drive efficiency by automating processes.

With Archer, you have a technology solution from an industry leader with the integrated approach and experience to deliver business value and transform risk management into a strategic differentiator for your organization.
• Our integrated approach delivers a modern technology purpose built to manage multiple dimensions of risk on one configurable platform.
• Archer is an industry leader with the expertise, resources and community to support your journey.
• We deliver business value to you as a partner dedicated solely to risk management and providing you with the tools needed to align with your business and optimize your risk management efforts.