Perform risk analysis and risk responses. Concentrate on high priority risks & manage stakeholder engagement. Heat Maps to analyze risk by department and by process
Create an Organizational risk profile (risk register) with all the processes, associated risks and controls
Create an Organizational risk profile (risk register) with all the processes, associated risks and controls
Identify, prioritize & assess the high-risk areas of business products & processes. Assess Controls & risk against business measures. Perform an overall risk assessment and send them for multi-level review and approval
Define preventative & detective controls to design action plans for mitigation of risk. Perform Control testing involving indicators, and modeling as risk, controls, and action plans.
Define preventative & detective controls to design action plans for mitigation of risk. Perform Control testing involving indicators, and modeling as risk, controls, and action plans.
Capture the loss event details for a better-informed response to current & future risks. Losses can be quantified and validated with a robust workflow management system.
Manage deviations & exceptions with specified workflows. Track & Monitor the metrics by mitigating the underlying risks. .
Manage deviations & exceptions with specified workflows. Track & Monitor the metrics by mitigating the underlying risks. .
Define key indicators for risks (KRIs) and controls (KCIs). Set thresholds to identify potential threat and mitigate them in advance
Access powerful dashboards and reports for easy information on loss event status, deviations, process/policy breaches, area wise risk profiles, etc. Communicate risk assessment metrics to Senior management through heat map.
Access powerful dashboards and reports for easy information on loss event status, deviations, process/policy breaches, area wise risk profiles, etc. Communicate risk assessment metrics to Senior management through heat map.
