Building Resilience and Increasing Executive Visibility at a Telecommunications Firm
Leveraging an integrated risk management platform to engage end users and elevate visibility into risk and resilience initiatives
This leading telecommunications firm shares how it leverages the Fusion Framework® System™ to effectively manage business continuity plans, crisis management plans, notifications, third-party risk management initiatives, and risk assessments.
The Challenge
This leading telecommunications firm historically used disconnected processes for risk management and had its data stored in spreadsheets, which did not provide a seamless end-user experience. The company’s previous platform configuration resulted in limited usability from end users and angst from the executive team. The firm also lacked a holistic view of its risk and resilience posture and was unable to deliver actionable insights when needed.
Fusion's Solution
Fusion transformed the company's risk management program and built a holistic center within its platform to help the company effectively manage business continuity plans, crisis management plans, notifications, third-party risk management initiatives, and risk assessments. Further, Fusion’s Guided Workflow capability provides ease of use for the company's end users, allowing them to efficiently update their business continuity and risk management plans. The Fusion solution also enables the company to identify points of high, medium, and low risk as well as single points of failure, enabling the company to continue to strengthen its resilience posture.
Industry
Telecommunications
Team
Risk & Procurement
Business Size
500-1,000 employees
