Have one place and one view to identify, assess and manage your IT and non-IT risk across the enterprise including market, operational, project, legal, IT, financial and reputational risks.
Simultaneously supports multiple frameworks like ISO 31000 or COSO and risk assessment methodologies ISO 27005 and NIST SP 800 30.
Replace your ad-hoc, risk-laden, spreadsheet-based processes that are too slow and bulky for today’s challenges.
Create a single version of the truth, centralize task management and access a suite of dashboards and reports for summary or granular analysis.
Includes a Risk Catalogue to record and document the risk events your business units and functions may be exposed to.
Create multiple risk registers to fit your needs and consolidate risk assessment data by category, description, likelihood, impact, ratings, controls and mitigation activities.
Create your own or use pre-built templates for functional areas to assess IT, project and business risk. Allows users to describe and score using preconfigured risk matrices.
Create your own or use pre-configured matrices that allow you to define impact values, likelihood and rating method.
Organizational Structure and Risk Rollup
Define the hierarchies for your reporting needs, aggregate risk register data at any level and weight business unit size or functional importance.
Tasks and Alerts
Automated alerts tell users of exceeded risk thresholds or of activities that need reporting. Integrated tasks and workflows expedite risk sign-off and escalation requirements.
Dashboards and Reports
A suite of out-of-the-box charts and reports you can configure to provide an enterprise view or down to a department summary of risk.
“Compliance activities managed in silos often lead to the inevitable failure of a compliance program. Reactive, document-centric, siloed information and processes fail to manage compliance, leaving stakeholders blind to the intricate relationships of compliance across the business.” Michael Rasmussen, GRC Pundit, GRC 20/20