Riskonnect® ERM. Mitigate Risks. Seize Opportunities.
Riskonnect® ERM is a comprehensive, web-based ERM system that gathers diverse risk data from across the enterprise in a highly visual manner so that risks are easily identified, assessed, and mitigated.
Functionality
Riskonnect® ERM simplifies enterprise-wide strategic risk management and helps your organization quickly realize the value and opportunities of integrating a strategic ERM program throughout your organization. The Riskonnect® ERM process and workflow offers unique functionality:
• dynamic visualizations of risks
• ability to visualize risk relationships and impact
• ability to understand cumulative impact of risks
• ability to drill down to observe the causes of risk
• drag and drop assessment of risks allows for real-time discussion and re-assessment of risk
• workflow and tracking of all activities and mitigation across the enterprise
• dashboards
• quantify risks for senior management and board level discussion
Connect with Riskonnect® now and accelerate the maturity of your ERM program.
Value
Studies show that a strong ERM program is a factor in increasing revenue and shareholder value. The incorporation of a sophisticated risk management program yields increased resilience and agility:
• 80% Increased management accountability (shareholder confidence)
• 62% Reduced earnings volatility (less volatility)
• 79% Smoother governance practices
• 86% Better informed decisions (learning from mistakes)
• 59% Increased profitability(Above data derived from a September 2005 study by The Conference Board)
Riskonnect® ERM is a comprehensive communications platform designed to help organizations manage enterprise-wide uncertainty through a strategic risk management framework.
Enterprise Risk Management is a broad and complex discipline that reaches into every major area of an organization.
While companies have struggled for years with how to define and integrate ERM, the results of attempted ERM implementations have been limited effective practice and minimal value. Yet in today's economy with the globalization of business, rising expectations from shareholders and constantly increasing reforms in regulations, the corporate sensitivity to risks, risk relationships and their potential, material impact is at an all-time high.
While corporations have been getting attention and pressure from all perspectives to incorporate ERM, it is expected that S&P’s actions will be the ultimate catalyst to bring ERM and its long-anticipated benefits to the forefront.
The Riskonnect® ERM comprehensive system brings both the technology and the expertise to this emerging market.
Enterprise Risk Management: Manage Risks. Maximize ROI.
Put the Power of Riskonnect® ERM into your Risk Management Program.