Digital platforms are changing how companies use technology services and operate their business models. Speaking at the Cover Insurtech 2019 conference, thryve MD Sean Pyott explained the value of this modern business asset. Johannesburg, South Africa - For many the platform is still a foreign idea...
By Riaan Bekker, Force Solutions Provider at thryve If companies want to prosper and innovate through digital technologies, they would be smart to begin aligning these ambitions with governance. Consider a straightforward yet revolutionary concept: Know Your Customer or KYC. It goes without saying that businesses that...
By Riaan Bekker, Force Solutions Manager at thryve If you catch a flight a decade from now, chances are very good that your trip will be flown by artificial intelligence. Even if there is a pilot, they’ll be aided by an AI assistant that monitors everything...
By Riaan Bekker. First published in FAnews, October 2018 In times of change, we often mistakenly identify the catalysts of this change, and focus our energies on addressing these catalysts. That does not necessarily mean we are doing something specific. We may just be deflecting the change...
Risk Control & Management Risk management is a demanding discipline. As one politician infamously quipped, there are known knowns, known unknowns and unknown unknowns. Understanding the difference between those and how they impact an entity, such as a business, is the core of risk management. If only...
Not only is cybersecurity a growing risk that demands attention, but it is becoming more complex every day. Suffice to say, expecting IT departments to be the gatekeepers and protectors against cybercriminals is not only ineffectual but generally considered a terrible strategy. The truth is...
Risk management is a complicated occupation, so when you find tools that aid you in that process, the last thing you want to hear is that those may be under threat. This was almost certainly a thought that entered the minds of thousands of risk...
We’ve all read the provocative headlines: data is the new gold, the new currency of the 21st century. There is truth to this, but as a risk management professional, you already understand the value of data. After all, gathering key information is how you can...
Ask most risk managers what types of risk exist at a company and they are likely to distinguish two groups. One is Operational Risk, while the other is Financial Risk. Yet there is a third type of risk that is frequently overlooked, mainly because until...
As a risk manager, you are an important guardian who safeguards the future of your company. This is not hyperbole: Flawed policy management processes can result in non-compliant, unauthorised or inaccurate policies. A policy misstep around governance, risk or compliance can attract fines and penalties,...