Enterprise Risk Management - In short it's called ERM. ERM is the process of methodically analyzing the various elements of corporate risk to mitigate the same. It is defined as
Risk = asset value x vulnerability x threat
The various types of risks that affect an enterprise are financial risk, human resources risk, environmental risk, political risk, etc.
ERM Services - ERM services support solution evaluation, integration testing, implementation and ongoing operations. Depending on the type of risk involved like unprecedented, transitional or any foreseen risks, the ERM services are of use.
ERM Solutions - ERM solutions help enterprises to analyze and combat risk is a very systematic manner. Automated risk management solutions for an enterprise.
ERM Software - There are more than a hundred ERM software solutions that provide business intelligence solution for developing and deploying Enterprise Reporting Applications that enable organizations to gain operational visibility, evaluate the processes and act accordingly.
ERM System -Refers to the fully integrated Web-based ERM systems that enable better analysis and facilitates decision making.