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Enterprise Risk Management - Tracker - Risk Manager

"The Symbiant Risk Suite is an advanced and comprehensive risk solution, it's well thought out, easy to use and understand and very powerful. A very useful tool for any risk department."
The Institute of Chartered Accountants in England and Wales

 

"We selected Symbiant Risk Suite as our in house risk solution as it was the most comprehensive, easiest to use and offered by far the best value for money of all the other solutions we looked at. We were impressed by the software's ability to incorporate our business requirements in one package"
The Information Centre for Health and Social Care (www.ic.nhs.uk)

Symbiant Risk Suite is not just another risk management software, it's a total risk management solution. Developed with input from KPMG and used by the ICAEW it covers all the six areas required for an effective risk program.

  • Identify
  • Assess
  • Measure
  • Treat
  • Monitor
  • Communicate


IDENTIFY
The online risk workshop allows people to add issues or potential threats in to the risk arena.

ASSESS
Users can discus the issues raised in the online risk forum thus filter out the good from the bad.

MEASURE
From the findings in the risk forum voting can begin on the relevant issues to score The likelihood of an event and the impact based on you doing nothing to try and resolve the issue and based on you putting in controls to try and prevent the issue.

TREAT
After you have scored risks you can then progress them to the risk action planner so the relevant users can suggest ways or controls to stop or reduce a risk.

MONITOR & COMMUNICATE
Once a treatment has been agreed the issue can be progressed to the Recommendation Tracker where issues are assigned to individuals for them to resolve.

Symbiant Risk Suite is designed to the Risk Management Standard which is the result of work by a team drawn from the major risk management organisations in the UK - The Institute of Risk Management (IRM),The Association of Insurance and Risk Managers (AIRMIC) and ALARM The National Forum for Risk Management in the Public Sector.
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