AI Risk Management

a Comprehensive GRC platform that can be used for all of your Governance, Risk Management and Compliance needs. It boasts functionality that is comprehensive enough to be utilized by some of the largest organizations on the planet while presenting a user interface that is so simple and intuitive it can be used by the least technical people in your organization.

Corporater Enterprise Risk Management Software

Strategically manage and mitigate risk across your entire organization., Our Enterprise Risk Management (ERM) solution is an enterprise-grade AI tool that enables organizations to take an integrated approach to risk management, governance, and compliance. Your risk managers can establish a robust ERM framework that allows them to consolidate all risk data into one central hub, monitor key risk indicators (KRIs) and risk exposure across multiple departments and business units, conduct risk assessments, manage various types of risks, and report on risk mitigation controls measures.
Experience the business impact of moving from unstructured data and disaggregated risk assessments to a multiuser, integrated platform that represents the organization’s risk profile in a single view.
Portfolio

Achieve an enterprise-wide risk oversight and stay prepared for any risk that may affect your organization. Proactively identify and communicate risk across your organization, iteratively assess and prioritize risks, and set remediation plans into action. Configure custom executive and role-based risk dashboards to visualize risk data at various levels of your organization, conduct risks assessments, assign risk owners, and track completion of risk mitigating actions. Set up automated alerts and notifications to be notified about assignments and overdue tasks.

Portfolio

ERM solution enables you to continuously assess risks and threats posed to your organization’s operations and objectives. The solution enables automated aggregation of risks up the chain and provides a systematic flow of information that aids in an efficient, risk-based decision making. Conduct risk assessments and keep track of risk treatments and controls across your projects, portfolios, departments, business units, divisions, regions, and countries. Manage KRIs against their set tolerance in the context of your strategic business objectives, and generate comprehensive risk reports for management and key stakeholders. Enable a streamlined and documented process that allows your organization to keep track of its evolving risk profile based on best practice methodologies such as ISO 31000 or COSO ERM frameworks.

Portfolio

ERM solution can be used as a point solution or in combination with other solutions to form a holistic Integrated GRC program. Your ERM solution can be extended to other business management areas such as compliance management, incident management, performance management, or internal audit management, all within the same system.

DETERMINE

Manage risk across your enterprise

Manage risk across your enterprise by having a complete overview of risk and threats that pose a risk to your organization. Enables organizations to create a digital twin of their organization — mirror their organizational hierarchies, systems, assets, structures, and processes — so that they could easily monitor and manage risk across all levels of the organization. Our Solution is flexible and highly configurable, so you can adapt the solution to your business — not the other way around.
DESIGN

Have a single source of truth

No more spreadsheets! Integrate all your risk data into a single source of truth for a complete transparency and risk oversight. Enables organizations to combine data from various data sources and display it neatly as various data visualizations on custom risk dashboards. Experience the business impact of having a shared, dynamic risk register for any type of risk — from the operational to the strategic level, and the ability to correlate the corporate risk profile, impacts, and risk maturity with business performance and strategic objectives.
DEVELOP

Establish risk governance

Define risk areas that could pose a threat to the company’s existence across all departments, levels, and processes, and communicate them across your organization. Link risks to assurance frameworks across the three lines of defense. Configure custom risk dashboards to delegate, manage, and track completion of assigned tasks and responsibilities. Automate manual tasks and standardize your reporting process.
DELIVER

Identify & assess risks

Proactively monitor, identify, assess, address, and report vulnerabilities across your organization. Create customized risk dashboards with risk registers and heat maps to have an overview of potential risk events and their impact. Build and maintain a centralized risk register to have a complete and current overview of your risks. Monitor KRIs, assign risk owners, and conduct risk assessments. Analyze, rank, and continuously quantify identified risks based on their probability of occurrence and quantitative effects (e.g., amount of loss).
DELIVER

Take action on identified risks

Take appropriate action – risk avoidance, risk reduction, risk-sharing, or transfer – to minimize risk impact. Define custom risk management actions and document all decisions in a clear manner. Set up automatic notifications to communicate assignments, responsibilities, approval status, and overdue tasks.
DELIVER

Cultivate a risk-aware culture

Cultivate a risk-aware culture by communicating risk internally across your organization and to the regulatory body (i.e., Management Board). Create a standardized reporting process based on concrete responsibilities, periodicity, thresholds, and reporting formats.
DELIVER

Demonstrate compliance to regulators and key stakeholders

Demonstrate compliance with laws, rules, and regulations applicable to your industry to regulators and key stakeholders. Evidence that your organization has sufficient resources (people and technology) available for proactive risk management, and that roles and responsibilities are properly communicated and documented.
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