6. Systematic, structured and timely risk management

6.1 Business and financial stakes versus cost of risk

The use of risk management systems is reflected in a triple posture described in the table 14 . When a company's management calls on the help of risk managers, or asks for internal advice or support, this can take a number of different forms:

• request a preventive risk analysis. For example, before a product is launched on the market, senior management asks its risk manager for an opinion on the risks of marketing an offering (financial, operational, compliance and reputational risks);

• ...