Risk Management

Proactive risk mitigation with AI-driven insights

Risk Assist’s AI-driven engine analyses your risk entries and instantly provides tailored recommendations for controls and mitigation strategies. Whether it’s suggesting new processes, optimising your current safeguards, or reallocating resources, these insights enable your teams to address potential threats proactively. This empowers users to take confident, decisive action - reducing delays, improving compliance, and ultimately protecting your organisation from avoidable losses.

Frameworks with flexibility in one or more registers

Risk Management consolidates all of your risk data into one comprehensive, easy-to-manage platform. Capture, assess, and control risks and opportunities of any type with ease and efficiency. The flexible framework allows you to manage strategic, operational, and program risks in one or multiple registers, providing you with flexibility and control to adapt to the needs of your organisation.

Foster a culture of risk management amongst all team members

Risk Management’s user-friendly interface and intuitive design make adoption seamless, fostering a strong risk management culture. Its simplicity allows for clear graphical visualisation of the risks for clarity and boosts engagement to improve business outcomes by empowering a wider user base. Features like step-by-step risk building, prompts for qualitative and quantitative scoring, and built-in guidance eliminate reliance on single points of failure. By simplifying risks and controls, it inspires confidence and encourages widespread organisational adoption.

One-click reporting for sharing and to visualise risks

Staying updated on threats on demand is vital for a secure environment. Risk Management provides instant reports ready to share with teams or stakeholders, eliminating the need for early data prep and guesswork. With one click, gain insights into your risk landscape through clear visuals that guide effective management. The Red-Amber-Green (RAG) system ensures decision-makers quickly understand control statuses, enabling informed, confident choices while fostering strong oversight.

Mirror your risk framework with groups and categories

Customise groups and categories to align perfectly with your Risk Framework, ensuring your strategy reflects your organisation’s unique language and approach. This consistency strengthens your risk management processes and creates a cohesive foundation for decision-making. Our configurable solution empowers you to make risk management not only more effective but also intuitive and tailored to meet the specific needs of your organisation, driving better results with less complexity.

The ‘golden-thread’ approach to link risks, implications, controls and actions

Align your risk management strategy with your organisation's objectives and risk tolerance for more effective decision-making. Our solution employs a 'golden thread' approach, seamlessly linking risks, implications, controls, and actions to deliver robust risk mitigation. Stay ahead with visual reports that provide a clear view of inherent, residual, and target scores. Gain actionable insights tailored to your business needs, elevating your understanding and control of risks for better outcomes.

Maintain organisation and control: undefined

Improved accountability delivering superior results

Risk Management streamlines ownership, status, and timelines for reviews, controls, and actions, ensuring everything stays on track. Assign custodians for control reviews and tackle overdue tasks effortlessly with proactive email prompts that encourage timely action. These automated reminders boost accountability and communication, freeing administrators from constant follow-ups. With systematic tracking and clear deadlines, you can efficiently manage tasks and never miss an essential action.

Unlimited users for enhanced accountability and coverage

The Risk Management product offers unlimited user access, enabling seamless adoption across the organisation without restrictions. This allows the solution to be rolled out to all first-line employees, ensuring everyone involved in risk identification and management can actively participate. Unlimited users foster shared accountability, empowering individuals with the tools and insights needed to contribute effectively. By removing user limits as a blocker, organisations achieve comprehensive coverage, enhancing transparency and collaboration. This inclusivity strengthens the organisation’s risk posture, ensuring risks are managed efficiently at all levels while supporting compliance and alignment with strategic objectives.

Maintain secure access with confidence

Your risk data is protected by limiting access to authorised individuals; access which you can control. At a fundamental level, this access is controlled by the role you assign. Standard users have read-only access to the risk register, unless they are assigned as an owner or editor of a risk.  Those with an administrator role can make changes across the register, regardless of ownership. As risks can be defined and grouped using tags, such as departmental or specific categories, it's possible to apply further restrictions on what users can access and edit on the register using custom access views or confidential access groups.

Data privacy and GDPR compliant

The Risk Management product is built on the secure and scalable OneAdvanced platform, which provides a foundation that enables organisations to meet GDPR and other stringent data privacy requirements. The platform ensures all data is stored behind multiple layers of robust, well-designed, and rigorously tested security measures. Access is granted only through secure authentication methods, such as single sign-on (SSO) and multi-factor authentication (MFA) and is restricted to users with explicit permissions. Every access attempt is logged and tied to the user, providing full transparency and accountability. With Risk Management, organisations can leverage the platform’s advanced security and privacy practices to safeguard sensitive information, maintain compliance, and build trust.