It can be accessed anywhere across the organisation, with consistency and security assured. It enables staff in different locations to enter relevant information and to observe the impact of such information on the current status of operational risk
Key iRisk features:
*Risk prediction by business line and area;
*Risk prediction by loss event types;
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*Editor to design and maintain questionnaires for assessing threats, process capability and residual vulnerabilities for all business areas;
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*Editor for creating and maintaining operational risk models;
*Web-based publishing and execution of operational risk models and questionnaires for use by many users throughout an organisation;
*Integration between iRisk incident/loss reporting system, risk questionnaire and Bayesian Models;
*Real-time email warnings when risk thresholds breached and automated generation of risk reports.
*The iRisk platform is based on Java technology and is J2EE conformant
Vendor Site:- Agena
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