Risk Identification
> Multi-organisational
structures and security profiles
allowing all risks to be entered and consolidated for
group reporting
> Supports
both top down (executive self assessment)
and bottom up (management facilitation) approaches
to the risk management processes
> Allows
risks to be identified, described, categorised
and
assumptions to be documented
> Supports
interactive registering of risks or importing
from other applications such as Excel
> Integrates
with other Risk Avert governance and
incident management systems
Risk Scoring, Mitigation and Ownership
> Risks
can be assessed based upon probability and
potential financial damages
> Mitigating
controls and actions can be defined
and residual risk scoring carried out
> The
scoring assumptions can be documented
and maintained for future audit
> Multiple
owners and action leaders can be designated
to each identified risk
Management and
Executive
Reporting
> Standard
online and printed reports including
prioritised listings, action lists and risk heat maps
> User
report writer for producing both online displays
and printed outputs.
> Customisable
menu and security structures making
online access easy for executives and users
> Workflow and triggered alerts
(via email and SMS)
informing specific users of key events
Online Collaboration and Information Repository
> Risk
message boards allowing users to freely
exchange information on specific risks
> Uploading
of electronic documents allowing
users to store and retrieve all information relating
to a specific risk
>
Customisable menu and security structures making
online access easy for executives and users
> Workflow and triggered alerts
(via email and SMS)
informing specific users of key events
Identification,
communication
and mitigation of strategic
and
operational risks
The Risk Avert systems play a key role in
communicating and managing risks across an entire organisation
Efficient
and streamlined
processes for controlling risks
The management and administration of
collecting, scoring and reporting of risks is
made easier through integrated systems
Embeds
best practice
risk management into the culture of an
organisation
Processes, standards and data validation can
all be supported and enforced through the use of
the Risk Avert system
Rapid
low cost implementation across national and
international organisations
The Risk Avert systems can be quickly
configured and deployed locally or
internationally from central servers
Information
is held securely protected by encryption and
user security profiles
Risk Avert has been designed to protect
confidential information and track its use by
authorised staff