This is the crux of the build versus buy debate that companies are having with themselves. While building and buying both have their merits, they also have costs which should be considered. Ask yourself: Is risk management a core competency at your company? What is your organization’s philosophy towards risk management? View this video to learn more about: How your company’s life cycle and size will affect implementation considerations; How your life cycle will affect your decision and budget decisions; How to evaluate your build and buy solutions.”]
Source: https://www.inforisktoday.com/building-versus-buying-risk-systems-a-10952