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Use of Neural Networks in Enterprise Risk Management Applications

Sponsored By Granite Consulting Group Inc.

Topics:: Budgeting & Planning > Business Performance Management; Compliance & Governance; Finance & Risk Management

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Abstract:: As its name implies Risk Assessment is the keystone of an effective ERM system. Without effectively identifying and evaluating risk, all of the other objectives are rendered moot. Companies have traditionally struggled with methods of identifying and evaluating risks.

Of all methods of risk assessment, a neural network model coupled with professional judgment is the most sophisticated and effective method for assessing organizational risk.

DETAILS

Sponsored by: Granite Consulting Group Inc.

Released: January 27, 2010

Length: 5 pages

Format: PDF (132 kb)

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