Another interesting article from Guy Carpenter on effective enterprise risk management (ERM).  It is primarily focused on the insurance industry but a number of the suggestions apply to other industries.

https://www.gccapitalideas.com/2013/09/10/effective-enterprise-risk-management/#!

Interestingly from our perspective, there is no specific reference to risk management software or any form of technology solution.  Whilst we do not profess that technology is the solution (it is more of an enabler), it is an important one none-the-less.  Selecting the right technology for the scope intended is critical to ensuring that it is adopted effectively, satisfies requirements and is not a drain on ERM budgets without delivering the intended benefits.