The KPMG Future of Risk report highlights the increasing need for Integrated Risk Management (IRM) as companies face a growing number of complex and interconnected risks. The report states that 68% of companies believe integrating risk management systems enhances decision-making, and 90% have accelerated their risk transformation efforts. The Wheelhouse Advisors IRM Navigator™ framework addresses this need by connecting different risk management disciplines such as Enterprise Risk Management (ERM), Operational Risk Management (ORM), Technology Risk Management (TRM), and Governance, Risk, and Compliance (GRC). The framework emphasizes the interconnected nature of risk and utilizes AI and generative AI to automate and enhance risk management processes. By integrating these technologies, companies can break down silos, improve visibility, and respond more effectively to emerging threats.

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