What is the Risk Cockpit?
The KRM22 Risk Cockpit is a digital risk register that allows organisations to adhere to their risk policy and align to their risk appetite. Leveraging incident management and guided risk assessment functionality organisations can engage their first line of defence ensuring Operational Resilience.
Benefits
Digital Risk Register and Incident Management
By empowering the first line of defence to complete risk assessments clients can see a 20% reduction in operational incidents. With RACI imbedded notifications, dashboards and permissions organisations can quickly transition to this approach with their register or KRM22’s best practice risk register leveraging a three level taxonomy.
Regulatory Risk Assessment Flow
A standardised approach to risk appetite, risk quantification and assessments reduces the cost of adhering to regulatory requirements. The Risk Cockpit provides a framework to complete regulatory assessment flows such as the ICARA harms assessment.
Data Integration, Visualisation and Analytics
Organisations can be confident that their users have all the information they require when completing a risk assessment by leveraging KRM22’s easy to integrate platform. Integration to operational systems can be quickly added to automate the creation of incidents, configure scoring of data in metrics or visualise their data in dashboards.
Key Features
Talk to us
Contact our sales team to find out about how the Risk Cockpit can help you with your corporate risk challenges
