Risk Leadership Network is a global corporate membership network for risk leaders and their teams. They enable practical knowledge sharing and collaboration between peers, which empowers risk leaders to drive progressive risk management in their organisations.
Client Success Stories
How an integration with Power BI makes data accessible & digestible for risk managers
By integrating the data visualisation capabilities of Power BI into the Content Catalyst platform, Risk Leadership Network has created a suite of benchmarking dashboards and a more compelling membership proposition.
Business intelligence and data visualisation in one place
A Risk Manager deals with the analysis, assessment, and control of risk. To do their job effectively, they need up-to-date information for benchmarking and developing new approaches to risk management.
However, gathering this information is a time-consuming manual job. A Risk Manager can spend hours poring over reports, disclosures, and other documents.
Risk Leadership Network wanted to use technology to help members save time gathering the required intelligence. They needed help developing and integrating data-led benchmarking tools using Power BI within their instance of the Content Catalyst system.
Members can currently access three dashboards depending on their subscription package. These collate information that would otherwise take members a long time to put together and present it in an accessible, easy-to-understand format. Members can then use Power BI tools to scan relevant data or drill down further into the detail.
I’m not sure we could deliver it in such a seamless way as Content Catalyst does. What they have done well in our experience is made it painless for the end-user to set up.
Tom Byford Head of Product Risk Leadership Network
Tangible Member Benefits
Tom Byford is Head of Product at Risk Leadership Network. He says having data tools on the same system as intelligence and analysis creates a better user experience for the organisation and its members.
“At the front-end, it’s very usable for our members. In the back-end, it’s very easy for us to administer and create iterations of tools.” It’s also a fairly easy concept to market, as most risk managers can see how the tools will fit into their day-to-day work and where it will save them time.
A Power BI exhibit in Risk Leadership Network’s Content Catalyst-powered Intelligence Platform
Making the business case
Tom recommends first building a prototype in Power BI to gather customer feedback and make a business case. “It’s really easy – a couple of hours work or so – to build a prototype in Power BI using dummy data (or some real, some dummy), and you should be able to see very quickly if the product has value once you’ve done a couple of demos.”
The ease of use from both the user’s perspective and the data provider’s makes this “very compelling”, adds Tom. “Having that relatively pain-free experience of delivering quite a complex tech-based product is rare, and I’ve been really impressed by how easy Content Catalyst has made it.”
He says building the tools within the Content Catalyst system was simpler and more cost-effective than developing their own Power BI solution.
“I’m not sure we could deliver it in such a seamless way as Content Catalyst does. What they’ve done is impressive. Putting together your own Power BI solution is possible but complex. What Content Catalyst has done well in our experience is made it painless for the end-user to set up.”