March 20176 | | December 20163CIOReview To subscribe to APACCIOOutlookMailing AddressAPACCIOOutlook44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538Visit www.apacciooutlook.comArt & GraphicsAmelia StewartFlynn SmythToby LangtonSultana SheikhSenior WritersClara MathewLane AdamsRoyce D'SouzaSelena JamesManaging EditorJoe PhillipAsst. Managing EditorSaheli Roy ChowdhuriCopyright © 2017 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.March 07 2017, Volume 3 SE 13 Published by ValleyMedia Inc.EditorialAlfred MardinJames SmithJovan PalmerLouis BeckerRachael ClarkRoy ChowStephanie MazueraAkanksha SinghVicky ShetSales sales@apacciooutlook.com+1 510.996.5168EditorialDigital Transformation is the "buzzword du jour". Organizations are witnessing a paradigm shift with the influx of cloud, Software as a Service (SaaS), data and analytics, robotic process automation (RPA) and cognitive computing changing the business models and long-term corporate strategies. In this new scenario, Risk Management has a more proactive role to play. The risk function will be crucial not only to defend against threats, but also to support growth and success in a digital future. The demand for a robust, strategic approach to risk management is more apparent in the digital transformation of the various sectors in the APAC space. Entirely new business models are emerging, and many institutions are already feeling the threat of digital disruption. The need of the hour will involve the adoption of a proactive stance, pre-empting change, and capitalization of digital disruption. Successfully balancing defensive and proactive stances requires viewing risk management as an enabler of growth, and collaborating across the business to strengthen the effectiveness of risk functions.Mastering digital risk management, from both a defensive and proactive standpoint, will be in a key feature in any company's future prospects. Defensively, recruiting talent to ward off cyber threats and competition from disruptive outsiders can be vital. From a proactive perspective, increased progress will increasingly hinge on a highly focused, customer-centric approach, for which the leveraging of new digital technologies could be central. In this demanding environment, the biggest risk may be doing nothing.This issue of APAC CIO Outlook brings 10 Most Promising Risk Management Solution Providers, that offer high-end risk managament solutions for businesses operating in diverse sectors.Do let us know your thoughts.Joe PhillipManaging Editoreditor@apacciooutlook.comRisk Management in the Digital AgeJoe Phillip
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