VALHALLA, N.Y., Aug. 8, 2011 (GLOBE NEWSWIRE) -- Rev2, the leading provider of next-generation risk management solutions, today announced that TIAA-CREF has deployed the Service Assurance module of Rev2's RiskView Risk Concentration Analysis framework and visualization engine.
TIAA-CREF is a Fortune 100 financial services organization that is the leading retirement provider for people who work in the academic, research, medical and cultural fields. The organization serves 3.7 million active and retired employees participating at more than 15,000 institutions. TIAA-CREF offers a range of investment products and services to help investors achieve lifetime financial security, including personal retirement planning, income and wealth protection, insurance, and asset management.
"RiskView helps us find concentrations of risk in our infrastructure that are incredibly important to our service offerings but we can't otherwise see," says Annabelle Bexiga, Chief Information Officer for TIAA-CREF. "This has enabled us to implement policies and processes that enable us to continue smooth service operations, save on support costs, and avoid costly disruptions of service."
RiskView collects data from many systems and sources throughout TIAA-CREF's infrastructure, including automated mainframe system data, application performance data, health and monitoring tools, and monthly service ticket data. RiskView correlates the data and generates reports that assign numerical values known as Materiality Scores. These Scores help the team quantify the potential impact of each outage on the availability of its services.
The Materiality Scores help the TIAA-CREF team identify risks of outages at all layers of the network. RiskView analysis also discovered previously unknown concentrations of risk in one of the organization's key applications. Significantly, the Scores helped the team ascertain that these application failures presented as great a risk to service availability as the network outages.
Copyright © 2011, Rev2. All rights reserved. The RiskView® application is a registered trademark of Rev2. All other trademarks in this document are the properties of their respective owners.
Evan Birkhead
VP, Marketing Rev2
press@rev2.com
About Rev2
Rev2 is the leading provider of next-generation risk management solutions. Our RiskView® Risk Concentration Analysis framework identifies, compares and prioritizes vulnerabilities throughout the business. Rev2 offers tailored RiskView solutions for Service Providers, Manufacturers, Financial Services, Government organizations, and other Enterprises.
RiskView solutions enable our customers to identify the risks that represent the business's greatest vulnerabilities, and address these vulnerabilities before they impact the bottom line. This provides them with an unprecedented competitive advantage by helping them to maximize the realization of existing business opportunities. Our customers typically realize ROI within weeks.
Contact us today for a Proof of Concept tailored to your business: 400 Columbus Ave., Suite 240E, Valhalla, N.Y. 10595, 914.614.8600. http://rev2.com, info@rev2.com.
Copyright © 2011, Rev2. All rights reserved. The RiskView® application is a registered trademark of Rev2. All other trademarks in this document are the properties of their respective owners.
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