The Spreadsheet is here to stay! - ClusterSeven

The Spreadsheet is here to stay!

ClusterSeven Annual State of the Spreadsheet 2016: The Spreadsheet is Here to Stay

Read this report which paints a vivid picture of the attitudes of your peers to managing the risks inherent in the inevitable use of EUC applications in their firms.

How big a risk are spreadsheets to your firm?

Chartis estimates the Value at Risk for the 50 largest Financial Institutions from spreadsheets and other end user computing (EUC) applications to be over $12 billion dollars. That excludes secondary effects such as regulatory fines, reputational damage, and loss of customers.

To understand how different firms manage their EUC risk, we surveyed a range of internal audit, finance, compliance and risk management professionals at financial services firms.

Download the report

The Spreadsheet is here to stay infographic

Click the image below to see the results of the survey.

 

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