The establishment of a Risk Management Information System (RMIS) responds to several major issues :
- Structure the key steps of a risk management process : from identification to risk treatment.
- Industrialize and sustain the risk management process by aligning with a common methodology and a multi-year monitoring.
- Facilitate communication, risk analysis and stakeholder feedback.
- Disseminate a risk culture and ensure the involvement of all stakeholders.
RVR Parad offers a complete and flexible solution for Risk Management:
Risk identificationOur solution enables risk management teams to create a risk universe for their organization, which can be supplemented by local risks identified in the entities.
Risk AssessmentInherent, residual and target risks can be assessed by impact and probability. It is also possible to assess the control level associated to the risk.
Risk controlRisk managers can create and follow up mitigation actions linked to the risks, which can be recurring controls or action plans.
Risk mappingRVR Parad enables to generate risk mapping by organization levels, by processes, by risk categories as well as customizable reports.
Events collect & follow upRVR Parad enables to build up a database of loss events by completing for each event the requested information (Ex: entity, date, loss amount, remediation plan...).