Manage and perform your compliance obligations of continuous risk assessment through an enterprise-based solution. A centralised risk register allows Compliance to have a consolidated view of all risk metrics and take appropriate action.
A holistic view of key conduct risks presented in smart customisable interactive dashboards through a single screen detecting high impact compliance events and potential risk as they unfold. The dashboard provides an accurate, real-time and complete view of compliance risks ensuring effective senior management oversight.
Define, capture, aggregate and monitor risk metrics across all areas of compliance with clear accountabilities assigned in accordance to individual accountability regime rules. Knowing critical risks first, respond with confidence and manage crises more effectively in your firm.
Define your Risk Taxonomy and document how risk cascade within your firm creating the ability to aggregate and roll-up data via multiple hierarchies to meet the needs of different stakeholders.
Organise and track your enterprise-wide risk management activities using a comprehensive, integrated real-time risk framework; integrating static and transactional data, workflows, notifications and alerts and robust accountabilities model.
Take the guesswork out of risk management by bringing together qualitative and quantitative data to generate the information and insights need to support risk-based decision-making.
Leverage workflow, notifications and alerts to eliminate the burden of ad hoc spreadsheet-based risk registers and associated costly, error-prone manual work to automate risk management processes and activities.
Bring your risk data to life with our powerful, customisable and interactive dashboards.
Capture and manage risk events in real-time, link these to crystallised risks and failed controls or processes and monitor activities for each event to ensure there are no neglected events, and every event is systematically managed to close.
Create a central repository of items within the risk framework; Objectives, Processes, Initiatives, Systems, Information Assets, Venues, Risks, Controls, Events, Metrics & Tasks. Map items to your organisational structure and geographic locations; assign accountabilities using KRM22’s ARIC model and define linkages between items.