Next-Generation Operational Risk Management Software

Align risk initiatives with organizational strategy by creating objectives and measuring their performance using KPIs. Then monitor objectives using KRIs to empower leaders to take proactive action to keep objectives on target.

Identify relevant obligations, take action to implement controls and investigate breaches to prevent reoccurrence. Monitor compliance using audits to identify gaps and record regulatory interactions to ensure information-sharing obligations are met.

Unify policies in a central register to ensure they are developed, approved and implemented in a standardized manner. Communicate policies with personnel for review and acknowledgment using eSignatures, then automate policy reviews to ensure they remain current.

Implement a standardized taxonomy that reflects your organizational structure, risk matrices, risk appetite levels, risk and control categories. Leverage the taxonomy to build a comprehensive library of risks and controls to streamline identification, prevent duplication and enhance reporting insights.

Easily identify risks using the risk library, analyze inherent risk rating, evaluate existing controls and compare residual risk with risk appetite. Where required, select additional controls from the control library and assign tasks with automated notifications before commencing periodical risk monitoring.

Plan and assign audits across your organization to monitor controls effectiveness or use audits to measure performance against compliance obligations. Where gaps are identified, easily assign tasks to trigger email, SMS and voice messages to ensure gaps are addressed.

Centralize your task management workspace to ensure tasks are completed by allocated due dates with the help of built in reminder notifications and status monitoring.

Transform data into insights using real-time interactive dashboards available on any device. Easily generate reports with built in commentary and approvals then publish as a custom PDF or Word doc, aligned with your organizational branding or share via email.