Software - Strong demand for ARM Risk Performance Manager

 Active Risk today announced that there has been strong demand for its Active Risk Manager (ARM) advanced risk management reporting and analysis module, ARM Risk Performance Manager (ARM RPM), which integrates with the recent ARM 6 release. In the first three months after the release of ARM 6, 10% of Active Risk’s customers have already adopted ARM RPM.

 Active Risk is focused on making risk management simple, valuable and personal. ARM RPM delivers on this philosophy by providing an easy to use tool that puts report design and production into the hands of risk and project professionals, enabling them to build sophisticated reports on the fly without the need to schedule scarce IT department resources. The module provides the vital risk and opportunity analysis required by organizations to support strategic decision-making. ARM RPM presents information in simple to understand graphical formats and can be used to respond quickly to ad-hoc information requests.

 Loren Padelford, Executive Vice President and General Manager at Active Risk said, “Risk reporting is a major challenge for many organizations that few people talk about. Risk team members, business leaders and executives all need better information on a timely basis. With traditional technology it can take hours, even days, preparing risk reports for senior management, and by the time the reports are delivered the data is often out-of-date. With ARM RPM, you get real-time risk reporting and analysis, which can help you make better decisions. ARM RPM makes an organization’s risk data, and the risk function itself, much more valuable to the business.”

 ARM RPM customers include Rio Tinto, Logica, Thames Tideway Tunnels, BT, EADS and Transpacific.