Resolver’s Risk Management Software connects risks to incidents, so that assessments of what could happen are linked to what did happen. With this connection you can quantify the impact of your risk mitigation plans, identify where your risk register has gaps, and where risk assessments were overly confident.
Effective risk management ties together all key business functions to help the risk team protect the organization, but if a business has multiple business owners across various locations, collecting and analyzing that data can be overwhelming. Resolver’s Risk Management Software:
Quality reports require good quality data and a flexible reporting engine. Our software helps you:
Resolver’s intuitive interface makes it simple for users to interact with the system to provide superior quality information on a timely basis.
Risk Committee and Board Reports need to be meaningful, current, accurate and aggregated across business units based on a consistent and standardized taxonomy.
With Resolver’s real-time continuous assessment, risk assessments are no longer static.
Effective enterprise or operational risk management is dynamic, iterative and responsive to change; you need a system that can adapt with you. Resolver’s Risk Management software is highly configurable to your organization.
Manage Enterprise and Operational risk data and processes across all business units, across risk domains on one central platform. Manage status and completion of risk assessments as well as updating risk library including controls and objectives.
Risk owners can evaluate their risks using embedded step-by-step risk guidance using Resolver’s intuitive interface including documenting controls and mitigating actions. Capture risk events within incident portal including mobile support. Display data only relevant to risk owners.
Resolver’s workflow and orchestration engine allows easy set up for who, when, what to assess using custom trigger alerts, overdue tasks and reminder emails.
Leverage Resolver’s pre-built best practice dashboards including comprehensive Risk Committee and Board level dashboards. Establish strong risk data governance and issue reporting framework with clear lines of accountability for business users and risk executives including in-app trending of historical data and BI connector.
Set risk appetite and monitor key risk or performance indicators against tolerance in the context of strategic business objectives. Trigger risk assessments only when necessary using Resolver’s active data warehousing.
Resolver’s Enterprise Risk Management (ERM) application is aligned to internationally recognized frameworks, including ISO 31000 and COSO ERM, to standardize risk management. With consistency across the entire organization and simplified processes, you’ll enable a risk culture that delivers actionable data and insight.
Resolver’s powerful Operational Risk Management (ORM) application helps financial institutions and financial services manage risk control self-assessments, loss events and key metric monitoring for efficient, data-driven risk management.
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"Resolver was able to transform the way we looked at ERM. Our program seemed like a watered-down version of what it was supposed to be. We used Excel, met with risk owners and conducted quarterly risk assessments. Because Resolver software is so flexible, we were able to visualize how we wanted ERM to function and then configure the solution to help us accomplish that. We recreated everything from the ground up and refined our process."
