Operational Risk Management

Enterprise and Operational Risk Management

We provide you with a single consolidated view of organizations risk landscape that allows you to prioritize actions, efficiently utilize resources to address the most critical issues, and advance risk management as a new source of competitive advantage.

Leverage risk intelligence to reduce the likelihood and impact of negative events, lost opportunities, and increase the likelihood of achieving your business objectives.

Key Features

Enterprise Risk Management

  • Ability to map risks to Corporate Objectives, business processes, controls, higher-level risk statements and scenarios
  • Perform qualitative and monetary assessments of inherent and residual risk
  • Clear visibility into risk and control inventory and assessment progress through predefined reports and risk dashboards
  • Provides a systematic process to escalate issues to ensure proper signoff/approval of issues
  • Provides a consistent approach to identifying and assessing project-related risks
  • Offers an Integrated list of prioritized risk treatments and remediation plans

Loss Event Management

  • Catalog and track loss events as part of the risk management program
  • Performs loss event root cause analysis to understand why the loss occurred and take appropriate actions to reduce the likelihood and impact of similar future losses
  • Ability to drill down into specific loss events for granular view
  • Obtain a consolidated view of loss events by frequency amount, type, source, and owner

Key Indicator Management

  • Catalog and monitor Key Risk Indicators as part of the risk management program
  • Provides a consistent approach to calculating indicator boundaries and limits and stakeholder notification when metrics need to be updated or reviewed
  • Establish greater accountability for monitoring indicators that provide warnings of emerging issues

Operational Risk Management

  • Provides a comprehensive operational risk management program that provides transparency through reporting, dashboards, and notification alerts
  • Adds risk assessment techniques typically found in ORM programs such as Process Risk and Control Self-Assessments (pRCSA), Risk and Control Self Assessments (RCSA) and Control Self Assessments (CSA)
  • Provides consolidated view into business processes, risks, controls, loss events, key indicators, and outstanding issues and how they are all related


  • Engage business units as first lines of defense ,so that risk managers can more easily consume new risk information into existing risk management processes and expand their risk programs to uncover emerging risks, including those emerging from business changes
  • Quickly prioritize risk, clearly inform all stakeholders, evaluate and manage risk consistently and escalate risk decisions in accordance with the significance of each risk and the authority to accept risk
  • Report and respond to risks that challenge your organizational objectives as they emerge, using robust reporting and risk management architecture
  • Helps senior management to make more informed decisions by providing a clear, consolidated and consistent view of risk