Optimization of financial risk management using information technology tools

The article analyzes IT tools that allow automating risk management processes. It is established that in the current realities, in order to strengthen the financial stability of the company and competent risk management, organizations need to have specialized software in their own architecture, which will open up new opportunities for accurate analysis, forecasting and risk management, contributing to achieving financial stability and success in the market. It is determined that at present, in the conditions of a volatile economic situation and the rapidly developing sphere of information technology in our country, the probability of financial risks in companies has increased markedly. Unstable market conditions, uncertainty and external factors can have a significant impact on the financial stability and success of a business. At the same time, not every organization has a proper analysis and regulation of financial risk events. It has been proven that the rapidly developing IT sector offers a wide range of software choices for assessing financial risks and improving its economic sustainability, which adapts to the unique needs of each company. These tools have modern functionality that allows you to automate processes, conduct a deeper and more accurate analysis of your financial transactions, model scenarios and provide visual reporting, thereby identifying potential risks and predicting their impact on the business.