Risk Management

Risk Management enables you to proactively address risks to your reputation, finances, operations, and IT infrastructure against your objectives. This web-based software provides a central management system for identifying risks, evaluating their likelihood and impact, relating them to mitigating controls, and tracking their resolution. Risk Management allows you to manage a comprehensive risk program enabled by a central risk repository with project-management capabilities, key risk indicators, and loss events. You can also leverage pre-built risk assessments or create your own to deliver targeted risk assessments for evaluating identified risks. Management of risk-treatment processes is built-in, allowing you to manage the full lifecycle of risk management.

Features & Benefits

• Consistency and Flexibility - Combine a standard approach to identifying, evaluating, and responding to risk with the flexibility to override without custom code to establish your own risk-management program.
• Manage your Risk Operations - Track and catalog operational risk through project management and risk assessment. Maintain a central repository of risk-related projects, assign staff, collaborate on risk assessments, manage staffing, and report on the status of your risk program.
• Adherence to Your Methodologies - Model and evaluate risk in the way that makes sense for your organization. Build a consistent view from strategic to operational risk.
• Holistic View - Gain a complete view of exposure across your organization by relating risks to objects such as controls, objectives, processes, facilities, and technologies to integrate risk management with key business processes.
• Savings - Transform isolated, manual processes into an integrated, automated risk-management program, saving time and money.
• Time to Value - Implement out of the box with predefined access roles, workflows, reports, and dashboards or tailor through point-and-click configuration.
• Flexibility - Choose an on-premise or software-as-a-service (SaaS) deployment and move between environments as your needs change.