ENTERPRISE RISK MANAGER

Enterprise Risk Manager™ - ISO 31000

This software is also available in Chinese, Spanish, Portuguese, German, Thai and Estonian, and easily translated into any other language.

Enterprise Risk Manager™ is based on a simple proven approach to risk reduction, supporting ISO 31000, AS/NZS 4360 and other standards such as ISO 27001/17799 and COSO. 

Risk Manager supports qualitative risk assessments and provides the ability to record and sort data by risk category, asset/area at risk, location, department, division, risk assessor, risk owner, risk contact, action owner, action type and responsible party.

Risk Manager provides risk review and action due reminders by task list or by automated email.

Any number of risks may be entered against any category, asset, department, division, etc. An estimate of the likelihood and consequence is assigned to each risk and the risk rating is derived by the system. Any number of mitigation actions may be applied to any risk, whereby the action may reduce the likelihood or the consequence, thereby reducing the risk rating to an acceptable level.

Powerful System All risk reports allow risks to be selected and filtered by category, asset, department, division, etc. An Executive Risk Summary report cuts right across the risk system (or within a specific context) to report the highest risks giving a quick snapshot for senior executives.

The software includes a Reporting Wizard and a Charting Wizard with powerful graphical charting capabilities. 

Alerts and Notifications

It is normal to assign risk and action owners, then any user may list actions for which they are responsible. The system has an automated email alert process to remind owners of overdue tasks.