-- Essent Essent Netwerk turns on Active Risk Manager (ARM) for Asset and Enterprise Risk ManagementYpe Wijnia, Risk Manager, Asset Management, Essent Netwerk BV explained, To run the network we have about 1000 different types of assets. Each type of asset has its own failure modes and failure probabilities so the total risk volume is many thousands of things that can go wrong. To manage that amount of risk you need a dedicated software tool. Prior to the installation of Active Risk Manager we used Excel, Powerpoint and Word documents but it became increasingly difficult in terms of version control for analysis and comparison purposes.” The Challenge Essent is an energy company that specialises in the generation, transport, trade in and supply of gas and electricity. Essent N

Join for free to read