How do you manage operational risk effectively?

Corporater Operational Risk Management software enables organizations to identify, categorize, analyze, prioritize, and treat risks, incidents, complaints, and improvement initiatives to increase quality and reduce operating losses.

Operational Risk Management Software

Corporater Operational Risk Management software is an enterprise-grade digital tool that enables organizations to proactively identify, assess, and address operational risks across all departments and business units. The solution provides a comprehensive set of tools that enables CROs, compliance officers, and risk managers to manage risk based on the risk framework of their choice – ISO 27005, ISO 31000, COSO ERM, or a hybrid.

Establish risk governance
Define risk areas that could pose a threat to your organization’s existence across all levels, and processes.

Identify & assess risks
Build and maintain a centralized risk register to have a complete and current overview of your risks.

Demonstrate compliance to stakeholders
Demonstrate compliance with laws, rules, and regulations applicable to your industry to regulators and key stakeholders.

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Key Features

Automate risk management procedures and workflows, conduct risk assessments, monitor compliance with laws and internal policies, and generate risk and compliance reports to provide a complete view of operational risk.

RISK DASHBOARDS

Create a role-based risk dashboards to have a complete overview of risks, their potential impact, options for risk mitigation, and more.

RISK ASSESSMENTS

Assess, evaluate, respond, treat, and report your risks. Corporater supports quantitative and qualitative risk assessments.

RISK PLANNING

Keep your organization prepared for the unexpected with Corporater risk planning and early risk identification.

RISK MONITORING

Monitor identified, residual and secondary risks, take corrective action, and measure the effectiveness of your response.

INCIDENT MANAGEMENT

Establish and automate incident management processes to minimize adverse impacts on your organization. Monitor, report, and resolve incidents.

RISK REPORTS

Generate custom risk reports and submit them through review/approval process. Include visual elements such as graphs and risk heat maps.

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Client Insights

“The part I appreciate the most is that adaptability of the software. We can share information. If one entity identifies a risk, it considers as important, it can easily be shared with other entities. It is also very easy to produce reports. Anything in the system can easily be exported to reports in different formats.”

LARS BJARNE ROVANG, Senior Advisor Risk Management, GASSCO