Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Develop a thorough approach to operational risk that not only evaluates such risks but also establishes a groundwork for minimizing them while simultaneously cutting expenses. This operational risk management system should be developed on a comprehensive enterprise-wide platform that encompasses organizational, process, and data management capabilities. Organizations are increasingly recognizing that a robust operational risk solution must extend beyond merely conducting risk assessment surveys, maintaining loss event databases, and calculating operational risk capital. Since operational risk permeates all areas and processes—ranging from human resources to front office operations, accounting, financial control, and settlements—there is a pressing need for a strategic, enterprise-wide perspective and a system that effectively measures and oversees operational risk. The topmost layer of this framework is reinforced by several critical underlying elements that play an indispensable role in mitigating risks associated with processes, thereby ensuring a more resilient operational environment. Additionally, integrating these components facilitates more informed decision-making and enhances overall risk management capabilities.
Description
The Opture ERM Basic Version serves as an introductory risk management tool designed for users new to the field, allowing for the continuation and adaptation of both established and tailored methodologies within a professional, web-based software framework. This software comprehensively covers all aspects of the risk management cycle, including identification, evaluation, analysis, control, reporting, and monitoring, while also providing a foundation for future modular enhancements. Moreover, the Opture ERM Basic Version offers a holistic perspective on calculating gross and net expected values, highlighting the connections among a company's organizational and process structures, associated risks, and designated risk owners, which in turn facilitates the development of effective control strategies. By integrating these elements, users can ensure a more cohesive approach to managing potential risks.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Centerprise Services
Website
www.centerprise.com/gov_risk_comp.html
Vendor Details
Company Name
OPTURE
Founded
2002
Country
Switzerland
Website
www.opture.com/en/
Product Features
Financial Risk Management
Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation
Product Features
Risk Management
Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment