Astute Risk Management Denver CO

Astute risk management defines success in the insurance industry. Premiums charged to the company's customers reflect that relation of risk to profit, while the riskiest ventures are avoided entirely.

Local Companies

Alliant Credit Union
(303) 398-4720
7505 E. 35th Ave. Bldg 3 Suite 385
Denver, CO
WELLS FARGO BANK - BROADWAY, DENVER
303863-6030
1740 Broadway
Denver, CO
KEY BANK - 100 BROADWAY, DENVER
303744-3228
100 Broadway
Denver, CO
CITYWIDE BANKS/DOWNTOWN
303365-3800
1801 Broadway, Ste. 100
Denver, CO
COLORADO STATE BANK & TRUST-17TH ST
303391-1111
740-17th St.
Denver, CO
COLORADO STATE BANK & TRUST-1ST AVE
303318-6027
3610 East First Ave
Denver, CO
COLORADO STATE BANK & TRUST-BROADWAY
303861-2111
1600 Broadway
Denver, CO
KEY BANK - 1675 BROADWAY, DENVER
303298-1234
1675 Broadway, #500
Denver, CO
COBIZ FINANCIAL
303312-3412
821 17th Street
Denver, CO
IMA OF COLORADO, INC
303534-4567
1550 17th Street Suite 600
Denver, CO

Astute risk management defines success in the insurance industry. Premiums charged to the company s customers reflect that relation of risk to profit, while the riskiest ventures are avoided entirely. Translating risk to the IT world would likely bring security software solutions to mind. Endpoints, NAC, messaging, etc, all come with inherent risks. Not managing those risks can result in data loss, corporate espionage, and other nasty events.

It may come as a surprise that file fragmentation can be risky business too. Fragmentation creates many more unattractive side effects than a slow computer.

The insurance policyholder who smokes is a higher risk than the one who does not, and subsequently they pay a higher premium.

What about hard drives? The hard drives that have to work harder due to fragmentation are also at higher risk. They, too, come at a higher cost – more help desk calls. Part of the long term ramifications of file fragmentation is more and unnecessary I/O activity over the drive s life – wearing it out faster.

A recent study was done by the Parallel Data Laboratories at Carnegie Mellon titled Disk failures in the real world: What does an MTTF of 1,000,000 hours mean to you? MTTF is the acronym used for Mean Time To Failure. The report made note of annual disk replacement rates being 1 4 (common), all the way up to 13 on some systems. With this data being a higher rate than MTTF, this suggested that disk replacement is a different process than would be predicted by the MTTF numbers. The authors also noted in their study done on a population of over 100,000 drives that based on their studies of disk replacements, failure rate was not constant with the age of the disk. Rather, there is a mortality effect with a wear out degradation. They found that replacement rates grew constantly with age—and this was an effect that was originally thought not to set in until after a hard disk lifetime of 5 years.

On site visits by IT staff to a user s workspace due to hardware problems incur significant cost. With research showing that hard drives rival the power supply as the most replaced component in a computer, solutions applied to minimize those replacements can save the company significant hardware costs and IT repair overhead.

It s fairly well known that defragmented files mean faster file writes and retrievals. However, file fragmentation, if not handled, will build up to the point that reliability is jeopardized. Managing risk is the key to survival in the Insurance industry, and those same concepts can be carried over to IT.

The reliability of third party applications is highly dependent on the degree to which those applications can accommodate bottlenecks, such as in disk subsystems.

Handling fragmentation is an excellent way to mitigate performance and reliability risks. Handling fragmentation on all computers is the ideal approach to eliminating the IT overhead of slow or unreliable computers (fragmentation related) entirely. Allstate has been defragmenting all their computers with an automatic defrag software for close to a decade now. Automating defragmentation has removed the chore from the IT department and allowed them to focus on the future.

Colleen Toumayan is the Vice President of Public Relations at Diskeeper Corporation. With over 31 million licenses sold, home users to large corporations rely on Diskeeper software to provide unparalleled performance and reliability to their laptops, desktops and servers. Diskeeper Corporation further provides real-time data protection and real-time http://www.diskeeper.com data recovery with Undelete 2009.


Click here for more articles from ZingArticles.com

Featured Local Company

Alliant Credit Union

(303) 398-4720
7505 E. 35th Ave. Bldg 3 Suite 385
Denver, CO

Related Local Event
Financial Managers Society - The Finance & Accounting Forum for Financial Institutions
Dates: 6/21/2009 - 6/23/2009
Location: Keystone Resort and Conference Center
Keystone, CO
View Details