In recent years, risk management and analysis has attracted a great deal of attention from both researchers and practitioners. Enterprise risk management has become an important topic in today’s more complex, interrelated global business environment, replete with threats from natural, political, economic, and technical sources. This survey and introductory article addresses computerized tools used for risk management and analysis. Risks are studied from perspectives of different disciplines, with a discussion of how various methods and tools are used to optimize risk (...) management. (shrink)

The increasing data scales in today's business sectors coupled with the necessity of risk management raise the importance of business intelligence tools as an integrated solution for the insurance industry. These tools have mostly been used to achieve effective risk management. Although methods of risk management in the insurance industry have been proposed many years ago, the research effort has primarily been focused on predictive analyses. This study aimed to investigate the role of business intelligence as a solution to illustrate (...) its potential in risk management particularly for decision-makers in agricultural insurance. We hypothesized that this would make a preferable decision in uncertain conditions. Sample data from the online transaction process system of Iran agricultural insurance fund were preprocessed in SQL server. Multidimensional online analytical processing architecture was analyzed using Targit business intelligence tool. Our results identified financial risks that lead to a framework of controlling risk based on business intelligence in the agricultural insurance fund. (shrink)

Nowadays, the economic and social nature of contemporary business organizations chiefly banks binds them to face with the sheer volume of data and information and the key to commercial success in this area is the proper use of data for making better, faster and flawless decisions. To achieve this goal organizations requires strong and effective tools to enable them in automating task analysis, decision-making, strategy formulation and risk prediction to prevent bankruptcy and fraud .Business Intelligence is a set of skills, (...) technologies and application systems used to collect, store, analyze and create effective access to the task to help organizations better understand the business context and make accurate decision timely and respond quickly toward inflation, rate fluctuations and the market price. In this paper we review recent literature in the search for trends in business intelligence applications for the banking industry and its challenges and finally some articles that comprise this special issue are introduced and characterized in terms of business intelligence research framework. (shrink)