The Risk Management Association (RMA) is a nonprofit, member-driven professional association whose sole purpose is to advance the use of sound risk principles in the financial services industry. RMA provides an enterprise-wide approach to risk management that focuses on credit risk, operational risk, and market risk.
“Based on my way of thinking, there is absolutely no better way to conduct a Board election than with eBallot!”
Florence Wetzel,
Chief Operations & Human Resources Officer
Challenges
RMA wanted to improve their governance and election process. High membership turnover made it difficult to deliver paper ballots to new voting members and membership turnout was traditionally low. RMA needed a new solution that would make voting easier and more convenient as well as improve participation.
Solutions
RMA ran an eight week Board of Directors and bylaw vote using eBallot. With an ever-changing membership, this online format offered greater flexibility than a paper based election. Members benefited from a user friendly online ballot and 24/7 access from home and office.
Impact
RMA increased their voter turnout by 50% and saved significant time and money. Real-time election data was available immediately and did not require valuable staff time to calculate. Final results were announced immediately following the completion of the voting period during the association’s annual meeting.
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