Enterprise Risk Management

IQ Risk™ is an enterprise operational risk management system built from the ground up for the Microsoft^® SharePoint^® platform.

Risk assessment and management are key to ensuring regulatory compliance and ensuring that organisations are protected from events which might undermine the profitability, credibility or market position of the company. IQ Risk™ allows the tracking of risks across the enterprise and the management of controls which mitigate those risks.

By adopting a process-based approach to risk, IQ Risk™ enables improvement of business performance and the implementation of appropriate internal controls that can lead to significantly lower compliance and governance costs.

IQ Risk™ helps manage the risks associated with each of your key business processes by integrating risk assessment into business process modeling and automation. By tying risk assessment and analysis to processes an overall picture of organizational risk is built up.

Automated periodic review of risk assessments and analysis ensures that the controls built into the process, are maintained and improved.

Predetermined workflow routing, notification, delivery and escalation of risk assessment activities and approvals ensures that risk reviews are conducted quickly and can be changed quickly to respond to business and regulatory demands.