Achieve business objectives through effective managment of risks
Value Proposition
Increase likelihood of achieving business strategy and objectives by incorporating risk in the strategy definition and execution process
Improve the quality of business decisions by identifying, analysing and evaluating risks
Rapidly identify and escalate key opportunities and threats to board and senior management
Actively monitor the key performance indicators (KPIs) to evaluate progress towards achieving the business strategy
Enhance the level of strategic and operational resilience
Pro-actively respond to unexpected events within the business environment to ensure adequate responses to changing risk exposures
Key solution features
Define business strategy and cascade it into business objectives
Manage objectives through monitoring of operational components such as processes, assets, products, third-partues and stakeholders
Align objectives to risk components such as risks, risk appetite, controls and insurance policies
In-built decision-making process to facilitate risk-informed business decisions by understanding the impact of decisions on the risk profile
Prioritise risks through multiple methods to facilitate escalation of key risks to the board and senior management
Out-of-the-box library of methods to facilitate assessment of risks for different business situations (e.g. complex business decision, strategic projects)
Manage and monitor strategy execution through monitoring key performance indicators (KPIs) and key risk indicators (KRIs)
Identify issues and weaknesses in the business environment and implement remediation actions to address these
Pro-actively monitor emerging threats, trends and best practices within the internal and external business environment
Facilitate the definition of extreme but plausible business and risk scenarios to assess key risk exposures and impacts to the business strategy