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The biggest challenge in corporate finance and enterprise risk management is how to manage the vast amounts of data to uncover opportunities that will guide a company’s growth and investment strategies while taking an appropriate level of risk. 

Financial information is growing at an astounding rate of 70% a year, according to IBM research—and other corporate internal data, external macroeconomic, industry and country data are growing just as quickly. The industry’s intricate data sets have to be collected and cross-referenced against analyst reports, economic market data, financial reports, news stories, board notes and company balance sheets. Financial executives and risk managers are more and more challenged to cull through, absorb and digest all this information, as they try to make informed decisions.

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