Over the past few weeks we've been covering topics such as "6 Reasons Data is Key for Risk Management", "Why All Risk Managers Should Use Data Analytics", and "Data Analysis Steps for Risk Managers". Data has been deemed today's most valuable asset: the "oil of the digital era". Now, let’s delve into some types of analysis that may be particularly helpful for your organization or risk team.
4 Types of Data Analysis for Risk Managers
1. Descriptive analysis
2. Comparative analysis
3. Trend analysis
4. Visual analysis
ClearRisk’s Risk Management Information System takes all the guesswork out of all types of data analytics. Our report and dashboard functions facilitate the creation of any type of report within seconds, leaving you free to act on the results. Want more information?
If you found this article helpful, you may be interested in:
- 8 Best Practices for Managing Cyber Risk
- 6 Reasons Data is Key for Risk Management
- Why All Risk Managers Should Use Data Analytics
- Data Analysis Steps for Risk Managers
Editor's Note: This post has been edited with the addition of a video for comprehensiveness and accuracy.