Operational Risk Management Software

Achieve a holistic oversight of risk with Corporater operational 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.

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

Build and maintain a centralized risk register to have a complete and current overview of your risks. Analyze, rank, and continuously quantify identified risks based on their probability of occurrence and quantitative effects (e.g., amount of loss). Corporater supports quantitative, qualitative, and semi-quantitative risk assessments.

Don’t just monitor your risks. Take action! Choose risk avoidance, risk reduction, risk-sharing, or transfer — to minimize risk impact. Define custom risk treatment actions specific to your organization, assign risk owners, and document all decisions in a clear manner. Create task lists and track task completion. Set up automated notifications to communicate assignments, responsibilities, approval status, and overdue tasks.

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 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.