Enterprise Risk Management (ERM)
Enterprise Risk Management brings together all the significant risks of an organization in a way that enables the organization to most effectively manage those risks.
Completely Integrated Risk Management
The Riskonnect Enterprise Risk Management solution is a way to support achievement of the key objectives of your organization through the recognized process of risk identification, risk assessment, risk mitigation, and risk monitoring. Volatility and surprises can be reduced or eliminated — enabling the organization to focus on growth and reward.
- Hierarchical view of risks
- Risk register
- Risk assessments
- Risk heat maps
- Control universe
- Workflows generating action when risks change
- Issue/incident management and remediation
- Ability to easily measure and manage all risk-related elements in order to quickly and accurately report the status of the organization’s end goals
- Risk ranking in terms that are meaningful to each client and to each level in the client’s hierarchy
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