OVERLAND PARK, Kan.—The Rochdale Group has announced what it is calling a “significant enhancement” to its Enterprise Risk Management (ERM) program, saying the facelift has made it more efficient, effective and insightful for credit union clients.
“Our goal is to make risk managers an integral and vital part of the credit union leadership team,” said Tony Ferris, managing partner for Rochdale Group. “ERM Director helps by turning their efforts into highly sought after intelligence utilized in every organizational decision.”
According to The Rochdale Group, ERM Director is hosted software that serves as an affordable and efficient way to manage an ERM program and has been customized specifically for the credit union industry.
“With this upgrade, Rochdale has introduced significant advantages to the reporting and identification of business risks and opportunities through advanced and dynamic dashboards, flexible administration, and enhanced security,” the company said. “This upgrade initializes a long line of strategic development efforts to better allow institutions to identify, measure and align strategy development, project initiatives, risk appetite limits, and risk assessments by bringing the complexity of managing today’s financial institution together into a robust program that allows decision makers to more proactively manage key organizational uncertainties and opportunities.”