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Thomson ELITE Enterprise Risk Manager

Thomson ELITE Enterprise Risk Manager is a software solution designed to help organizations identify, assess, and manage risks across various business processes. It provides tools for risk analysis, monitoring, and reporting, enabling companies to mitigate potential threats and ensure compliance with regulatory requirements. By integrating risk management into enterprise operations, it supports informed decision-making and enhances overall organizational resilience.

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Top 5*

Risk Management

32.0%Prevalent Risk Management

32.0%Quantify Risk Management

32.0%Sap Risk Management

3.0%Compliance 360 Risk Management

0.4%Thomson Reuters Risk Management Solutions

0.7%Others

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About Thomson ELITE Enterprise Risk Manager

Thomson ELITE Enterprise Risk Manager was developed as a part of Thomson Reuters' suite of legal and business management solutions. It aimed to address the growing need for comprehensive risk management tools in professional services firms. The software evolved over time to incorporate advanced analytics and reporting features, helping organizations manage risks more effectively. Its development reflected the increasing importance of enterprise risk management in strategic planning and compliance efforts. Specific details about its exact creation year or individual contributors were not widely documented.

Strengths of Thomson ELITE Enterprise Risk Manager include its comprehensive risk assessment capabilities, integration with other enterprise systems, and robust reporting features. Weaknesses might involve complexity in implementation and potential high costs for smaller organizations. Competitors include IBM OpenPages, MetricStream, and SAP GRC, all offering similar risk management solutions with varying features and pricing models.