Few sectors have access to the same breadth and depth of data that is at the disposal of every Housing Association. That data forms the DNA of your organisation and contains the potential to influence every strategic risk decision that you make.
The goal for every Housing Association must be to bring “Big Data” down to size. At Overark, we help to hone that process so that risk-related data becomes manageable, can be easily integrated into the decision-making process, and from there helps to support and guide the overall business objectives of the organisation. We help make your data play.
Unlocking the value contained within that data stream requires the ability to mine it effectively. We look to filter the multiple data sources available – including maintenance budgets and the financial burden of responsive repair costs caused by numerous claims below excess limits – through a single analytical focal point in order to gain a clear picture of your risk profile and your Total Cost of Risk.
Once that control has been established and risk clarity achieved, the way ahead becomes much clearer. Achieving risk oversight helps bring loss trends to light, expose process inefficiencies, highlight opportunities to improve performance, and ultimately eradicate waste and embed value right down to the molecular level of your risk management approach.
Making Data Pay
- Exposure of loss trends
- Opportunities to improve performance
- Eradicate waste
- Embed value
“Data forms the DNA of the organisation and contains the potential to influence every strategic risk decision that it makes. Turning data into knowledge is vital”