Methodware Risk Management
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Ensuring Ongoing Cost-Effective Compliance
Global trends in risk management have encouraged the alignment of organisational functions and the sharing of information
across business lines. This trend is further strengthened by recent governmental initiatives such as the Sarbanes-Oxley Act,
2002 and the latest Basel II Operational Risk Proposals. To achieve this goal, a single repository of Enterprise-Wide Risk
Management information is required.
In support of this, Methodware provides an integrated product, providing a single approach to managing
enterprise wide risk. The product, Enterprise Risk Assessor, provides a truly integrated Risk Management solution combining
the integrity of international Risk Management and Internal Audit Standards, methodologies, recommendations and legislation,
with a world leading risk-based approach to Internal Audit, Enterprise Risk Management.
Enterprise Risk Assessor provides your organisation with:
- The ability to automate all aspects of your risk approach within one dynamic tool
- A risk framework tailored to your organisational needs
- A shared central repository that can be accessed by Internal Auditors, Risk Managers, Business Managers, the Board and other stakeholders
- Consolidation, tracking and monitoring of your risk and audit information over time
- A record of Loss Incidents and Near Misses plotted against risks
- The ability to track Key Risk Performance Indicators
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