Organizations come across Incidents and Loss Events which have serious financial consequences even with all preventive measures in place. To track,
assess and manage the loss events data is an essential part of risk management which in turn contributes to risk assessment and monitoring.
Enterprises have understood that disruption are not a one-off event but part of the business as
usual. Things will go wrong, and enterprises are forced to plan on how to recover from the
disruption. Enterprises are looking to be resilient to be able to protect and sustain their core
business functions when experiencing operational stress and disruption.
With organizations moving towards digital transformation journey,
embracing new hybrid work culture, new employees onboarding/change
in roles and stringent compliance monitoring from the regulators, the
SOPs & Policies need to be updated, actionable and automated to keep
the users knowledgeable, compliant and vigilant on their day-to-day
Most Ops Risk, GRC and ERM systems are aging and they do not serve the needs of organisations today in a comprehensive and efficient manner. The Applications are not designed for ease of use and collaboration resulting in long training cycles and poor adoption