Lower EUC Risk with Automated Controls

Do you think that any of your critical business processes are vulnerable to a spreadsheet error?  Or perhaps, has the number of models (including artificial intelligence) proliferated to the point where it’s difficult to understand your risk exposure (never mind reduce it)? If yes, there is something you can do. 

Topics: Manage Risk, Reduce EUC Risk, risk management policy, EUC risk management, model risk

 

Is data governance or information governance responsible for managing spreadsheet and other EUC risks? Does IT own it or the line of business?  The short answer is: both IT and the line of business have accountability. Here are 3 tips to cooperate and reduce these risks. 

Topics: Manage Excel Risk, Reduce EUC Risk, Data & Information Governance