• --Analyze Risks - Heat Maps to analyze risk by department and by process.


• --Create Risk Register - Create an Organizational risk profile (risk register) with all the processes, associated risks and controls.


• --Risk Control Self-Assessment (RCSA) - Perform an overall risk assessment and send them for multi level review and approval.


• --Define Controls - Define a set of Controls to mitigate the risks identified.


• --Report Loss Events - Capture the loss event details and send it for approval.


• --Monitor KRIs & KCIs - Define key indicators for risks (KRIs) and controls (KCIs). Set thresholds to identify potential threat and mitigate them in advance.


• --Access Reports - Access powerful dashboards and reports for easy information on loss event status, deviations, process/policy breaches, area wise risk profiles etc.

The Outcome

• --Provides forward looking risk visibility with metrics and indicators


• --Reduce losses, and avoid adverse risk events through proactive control structures


• --Reduce cost of operational audit


• --Clear lines of accountability builds confidence with regulators and executive management


• --Simple interface that can be easily used by end users. Risk management is no longer a job only for risk department!