Enterprise Risk Management Software

Corporater introduces Risk Management in an enterprise context to enable organizations make responsible, risk-aware decisions, and ensure sustainable growth.

enterprise risk management software
A smarter way to manage risk across your enterprise

Corporater Enterprise Risk Management (ERM) solution is an enterprise-grade software that provides a comprehensive support in all steps of risk management. Identify and manage risk entity-wide, assign risk ownership, conduct risk assessments, analysis, and audits, select strategies for risk mitigation, and take necessary actions.

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Corporater Enterprise Risk Management Software

Strategically manage and mitigate risk across your entire organization. Built on Corporater Business Management Platform, Corporater Enterprise Risk Management (ERM) solution is an enterprise-grade digital tool that enables organizations to take an integrated approach to risk management, governance, and compliance. With Corporater, your risk managers can establish a robust ERM framework that allows them to consolidate all risk data into one central hub, monitor key risk indicators (KRIs) and risk exposure across multiple departments and business units, conduct risk assessments, manage various types of risks, and report on risk mitigation controls measures.

Experience the business impact of moving from unstructured data and disaggregated risk assessments to a multiuser, integrated platform that represents the organization’s risk profile in a single view.

Achieve an enterprise-wide risk oversight

Achieve an enterprise-wide risk oversight and stay prepared for any risk that may affect your organization. Proactively identify and communicate risk across your organization, iteratively assess and prioritize risks, and set remediation plans into action. Configure custom executive and role-based risk dashboards to visualize risk data at various levels of your organization, conduct risks assessments, assign risk owners, and track completion of risk mitigating actions. Set up automated alerts and notifications to be notified about assignments and overdue tasks.

Efficiently manage and mitigate risks

Corporater ERM solution enables you to continuously assess risks and threats posed to your organization’s operations and objectives. The solution enables automated aggregation of risks up the chain and provides a systematic flow of information that aids in an efficient, risk-based decision making. Conduct risk assessments and keep track of risk treatments and controls across your projects, portfolios, departments, business units, divisions, regions, and countries. Manage KRIs against their set tolerance in the context of your strategic business objectives, and generate comprehensive risk reports for management and key stakeholders. Enable a streamlined and documented process that allows your organization to keep track of its evolving risk profile based on best practice methodologies such as ISO 31000 or COSO ERM frameworks.

Grow into the future with integrated GRC

Corporater ERM solution can be used as a point solution or in combination with other solutions to form a holistic Integrated GRC program. Built on Corporater Business Management Platform, your ERM solution can be extended to other business management areas such as compliance management, incident management, performance management, or internal audit management, all within the same system.

Solution Features

  • Intuitive user interface
  • Risk dashboards
  • Operational risk governance in accordance with relevant compliance standards and taxonomies
  • Policy management for operational risk policies
  • Holistic, integrated governance, management, and assurance of compliance, e.g.: Anti-Money Laundering, BASEL & Solvency, Information Security & Data Privacy
  • Risk framework support (ISO 31000, COSO, ISO 27005)
  • Risk assessment perspectives (assert risk, process risk, external risk, operational scenarios, legal risk, a.o.)
  • Alignment with strategic initiatives, objectives, and performance goals
  • KRIs, KPIs, and other metrics
  • KRI catalog
  • Incident management incl. loss/near-loss events
  • Improvement database
  • Risk data upload via integration and manual input
  • Risk data visualization
  • Risk consolidation and aggregation from internal and external data sources
  • Risk identification (manual user input and bulk import) based on taxonomy
  • Risk assessments of internal and external risks (qualitative and quantitative)
  • Risk Control Self-Assessment (RCSA)
  • Risk probability distribution and simulation (including Monte Carlo simulation)
  • Risk analysis (including scenario analysis, correlation, and sensitivity)
  • Risk analysis templates (for various types of risk)
  • Opportunity and consequence heat maps
  • Integration with underlying risks and information systems
  • RegTech connectors for relevant compliance frameworks
  • Risk context
  • Risk taxonomies
  • Risk monitoring
  • Risk appetite
  • Risk modeling
  • Risk evaluation
  • Risk treatment
  • Risk mitigation workflows
  • Risk-bearing capability
  • Risk radar
  • Risk response
  • Automated risk reporting
  • Document management
  • Version control
  • Audit log
  • Alerts and notifications
  • Control activities
  • Customizable branding
  • Access control / permissions
  • Surveys
  • SSO

Solution Benefits

Manage risk across your enterprise

Manage risk across your enterprise by having a complete overview of risk and threats that pose a risk to your organization. Corporater enables organizations to create a digital twin of their organization — mirror their organizational hierarchies, systems, assets, structures, and processes — so that they could easily monitor and manage risk across all levels of the organization. Corporater is built a flexible, configurable software, so you can adapt the solution to your business — not the other way around.

Have a single source of truth

No more spreadsheets! Integrate all your risk data into a single source of truth for a complete transparency and risk oversight. Corporater enables organizations to combine data from various data sources and display it neatly as various data visualizations on custom risk dashboards. Experience the business impact of having a shared, dynamic risk register for any type of risk — from the operational to the strategic level, and the ability to correlate the corporate risk profile, impacts, and risk maturity with business performance and strategic objectives.

Establish risk governance

Define risk areas that could pose a threat to the company’s existence across all departments, levels, and processes, and communicate them across your organization. Link risks to assurance frameworks across the three lines of defense. Configure custom risk dashboards to delegate, manage, and track completion of assigned tasks and responsibilities. Automate manual tasks and standardize your reporting process.

Identify & assess risks

Proactively monitor, identify, assess, address, and report vulnerabilities across your organization. Create customized risk dashboards with risk registers and heat maps to have an overview of potential risk events and their impact. Build and maintain a centralized risk register to have a complete and current overview of your risks. Monitor KRIs, assign risk owners, and conduct risk assessments. Analyze, rank, and continuously quantify identified risks based on their probability of occurrence and quantitative effects (e.g., amount of loss).

Take action on identified risks

Take appropriate action – risk avoidance, risk reduction, risk-sharing, or transfer – to minimize risk impact. Define custom risk management actions and document all decisions in a clear manner. Set up automatic notifications to communicate assignments, responsibilities, approval status, and overdue tasks.

Cultivate a risk-aware culture

Cultivate a risk-aware culture by communicating risk internally across your organization and to the regulatory body (i.e., Management Board). Create a standardized reporting process based on concrete responsibilities, periodicity, thresholds, and reporting formats.

Demonstrate compliance to regulators and key stakeholders

Demonstrate compliance with laws, rules, and regulations applicable to your industry to regulators and key stakeholders. Evidence that your organization has sufficient resources (people and technology) available for proactive risk management, and that roles and responsibilities are properly communicated and documented.

enterprise risk management software
  • SaaS, on premise, or private cloud deployment
  • Industry-leading security for your data
  • Flexible configuration and customization
  • Rapid implementation
  • Ongoing support and innovation
Enterprise Risk Management Software

“Deutsche Telekom AG (DT) implemented Corporater Enterprise Risk Management solution in 2020. Implementation of the tool was fast, professional and customer-centric. Corporater paid close attention to the DT needs and configured the tool in a way that fits to our existing processes. Our users say the tool is simple, user-friendly and easy to navigate. Working with Corporater feels like you have a trustworthy partner that understands your needs and provides smart solutions.”

Sönke Thun

Group Risk Governance, Deutsche Telekom AG

Key Capabilities

Corporater Enterprise Risk Management (ERM) solution comes pre-configured with best practice frameworks, templates, and functionalities needed for an effective enterprise risk management.

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 Planning

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

Risk Identification

Continuously identify risks in various ways – from forms, data integrations, or user input – and record them in a centralized risk register (risk inventory).

Risk Assessments

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

Risk Monitoring

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

Risk Reports

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

Risk Register

Build and maintain a centralized risk register (risk inventory) to have a complete and current overview of risks across your organization.

Incident Management

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

Alerts & Notifications

Create custom alerts to notify key stakeholders when a KPI moves above or below a specified thresholds, when a goal is reached, or when a new issue arises

Ready to get started? Request your free demo today.

Discover more Corporater business solutions

All Corporater solutions can be seamlessly integrated with one another allowing you to start with one solution and add more later as your organization’s needs evolve. With the Corporater Business Management Platform, the process of scaling up is fast, easy and non-disruptive to the end users.

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Why top organizations choose Corporater

Deployment of your choice

Select deployment option that fits your needs: SaaS, on premise, or private cloud.

Powerful Data Integration

Integrate data from various sources to have a full picture of your business.

Flexible Configuration

Have it your way – create a solution that fits your specific business requirements.

Rapid Implementation

Get up and running in weeks, not months, with Corporater ready-to-go accelerators.

Industry-leading Security

Corporater is VL5 Veracode Verified and offers the highest level of security.

World-class Customer Support

We are here for you with premium support and continuous innovation updates.

Contact us to schedule your free demo.
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