Enterprise Risk Management


Enterprise Risk Management solution provides capabilities for enterprise risk identification, assessment and management in a highly comprehensive way, allowing a real time 360-degree view for the most optimal decision making. The solution is based on an integrated GRC Platform for successfully managing risk and meeting regulatory requirements while lowering the associated costs. A single centralized solution spreads across the enterprise, covering risk and control data, risk assessment findings and related issues.

Features

  • Risk Identification and Documentation
    Capturing and mapping risk data for comprehensive risk transparency
  • Risk Assessment and Analysis
    Assessment of inherent and residual risk and configurable risk computation methodologies and algorithms
  • Control Design and Assessments
    Frameworks of controls such as COSO, and control assessments based on predefined criteria and checklists
  • Issue Management and Action Planning
    Systematic investigation and remediation of risk issues, tracking the process with automated alerts
  • Risk Monitoring and Reporting
    Dashboards, analytics, heat maps, and reports with deliver in-depth and real-time data

Advantages

  • Provides matured GRC information model
  • Structured governance, risk management and compliance processes
  • Comprehensive reporting
  • Effective and uniform approach to enterprise risk management
  • Common repository for risk data mapping and consolidation
  • Real-time tracking of risks, controls, related issues and other key elements
  • Transformation of raw risk data into useful risk intelligence for strategic decision making and business performance improvement
  • Enhanced risk management with extensive database of frameworks
Compliance Management
Compliance Management solution delivers a comprehensive system to manage number of different regulatory and corporate compliance requirements. The solution simplifies compliance management and monitoring across the enterprise, delivering integration and mapping for compliance mandates and controls in a central framework. It streamlines and standardizes compliance and control processes, eliminating divergences and minimizing redundancies. Graphical dashboards provide in-depth visibility across the compliance program, allowing clients to pinpoint and address the issues.
Features
  • Compliance Environment Design
    Centralized framework of the compliance and control hierarchy, including processes, assets, risks, controls, policies and regulations
  • Compliance Assessments
    Ability to design, schedule and assign control assessments, streamlining those assessments, and providing tools to calculate and report the results
  • Issue Management
    Systematic investigation and remediation process of compliance issues and exceptions, with integrated automatic alerts for tasks and issues
  • Compliance Monitoring
    Standard and configurable compliance reports, providing in depth view into compliance across the enterprise and alerting about failures and issues

Advantages

  • Compliance Assessments
  • Issue Management
  • Compliance Monitoring
  • Simplified compliance management
  • Centralized compliance processes and controls
  • Streamlined workflows for consistent and efficient compliance
  • Automation of control assessments, reporting, and issue remediation
  • Cutting edge dashboards, risk heat maps, and reports provide a 360-degree view of compliance across the enterprise