Risk
Effective risk management is a process of:
identifying risks, analysing and evaluating the risks, designing and implementing controls with continuous monitoring and review that the risks remain within the organisation’s appetite.
Our categorisation, cause and consequence bow tie analysis allows the risk officer to delve into the key risk factors within your operating environment. A personalised dashboard allows risk owners and control performers to see exactly what they need to do to manage risk.
Key Features
Risk
Assessment
Simply evaluate the scale of the risk (inherent) and your ability to manage the risk (residual).
Four
Eyes
Build consensus on risk scores through our entry and authorisation process.
Track
Risk
Track that all risks are within the organisations capabilities and appetites.
Strategy
Integration
Link identified risks to your strategic plan, compliance obligations, and audit findings for a 360 degree view.
Additional Functionality
• Easy and intuitive dashboard.
• Track leading indicators and loss events.
• Allocate risks to individuals or groups within
the organisation for mitigation and oversight.
• Set and manage the organisations risk appetite,
capacity and risk tolerances.
• Bowtie risk analysis.
• Set risk treatments and plans for mitigation include timelines for review and allocate to owners, both individuals or groups.
• ¸KPI Risk status oversight.
Reporting
Reports can be tailored and filtered, ensuring only
relevant information is used for reporting.
Generate real-time reports, in PDF or Excel format,
containing data which is comprehensive and flexible.
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• Detailed risk register.
• Headline risk report.
• Risk reserve estimate.
• Top residual risks report.
• Risk register extracts.
• Risk trend reports.
• Risk treatment programmes and risk events.
• Risk history / audit trail.
Work With Us
Schedule a demo and we can have a conversation about what we can do for your organisation.
Quick Links
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