Case Study: Regional Financial Institution Communicates Disaster Exposure with RiskLens

Regional Financial Institution Communicates Disaster Exposure with Risk Quantification

Regional Financial Institution, a $5B regional financial services organization, needed a better way to explain disaster risk across its three processing centers. Executive management was considering building an additional Midwest processing center, but the team’s traditional BIA approach and qualitative High/Medium/Low ratings could not clearly show the business impact of natural disasters or justify the capital expense.

Using RiskLens’ FAIR-based risk quantification platform, the institution analyzed natural-disaster exposure in financial terms, collecting data on disaster frequency, recovery time, capital outlay, customer impact, and SLA-related losses. RiskLens helped the team produce a quantified view of exposure, showing an average combined annualized loss of $884K and breaking risk down by loss category; armed with that insight, leadership tabled the new processing-center plan and instead focused on improving failover between existing centers.