Risk Management
Identify, assess and manage risk across every department.
Build connected risk registers, apply consistent assessment methods, assign treatments and monitor status through dashboards, reports and automated workflows.
Overview
A risk register spans every department and process — logged, classified against a configurable methodology, reviewed with the owning team, treated, and reported on, with status visible at both the department and enterprise level.
The business problem
- Risks live in disconnected spreadsheets with no consistent scoring method across departments.
- There's no link between a logged risk and the controls, policies, or incidents that relate to it.
- Treatment actions are agreed on but not tracked to completion.
- Executives see risk exposure only at the next scheduled report, not in real time.
Key capabilities
Risk identification
- Log the risk event, cause, and impact
- Assign category, department, process, and owner
- Link to a policy, control, incident, or vendor
- Attach supporting evidence
Classification and review
- Configurable assessment methodology
- Likelihood, impact, inherent and residual scoring
- Appetite, tolerance, and priority
- Team and management review with comments and reassessment
Treatment
- Avoid, reduce, transfer, or accept
- Treatment action with owner, due date, and milestones
- Evidence and progress tracking through to verification
- Residual-risk reassessment once treatment is complete
How it works
- 1A department logs a risk with its likely cause and impact.
- 2The risk is classified using the organisation's configured methodology.
- 3The owning team reviews and, where needed, reassesses the scoring.
- 4A treatment action is assigned with an owner and due date.
- 5Progress and evidence are tracked until the treatment is verified complete.
- 6Residual risk is reassessed and the register updates automatically.
How this works by department
The same module, applied to how each department actually uses it.
Finance
Finance logs exposure and treasury risks — FX, liquidity, credit — scored against the same methodology used everywhere else, with treatment actions owned by finance leadership.
HR
HR risks — key-person dependency, disciplinary exposure, workforce compliance — are logged and reviewed alongside operational risk, not tracked separately in a private spreadsheet.
Legal/Compliance
Legal and Compliance review any risk with a regulatory dimension, adding classification input before it's scored.
Procurement/Vendor Management
A vendor concentration or delivery risk raised during onboarding creates a linked entry here automatically, so procurement and risk see the same record.
IT/Security
IT logs security and system risks — unpatched systems, access anomalies — with residual risk reassessed once a remediation is verified.
Risk & Audit
Risk and Audit own the enterprise register end-to-end: methodology, appetite thresholds, and the heatmap reported to the board.
See it in the platform
Product screenshots for Risk Management are available in a live walkthrough with a specialist.
View Product Demo →Dashboards and reports
Typical users
Business outcomes
- One consistent risk-scoring method across every department
- Treatment actions tracked to verified closure, not just agreed
- Real-time risk exposure instead of a quarterly snapshot
- Every risk traceable to the controls and incidents connected to it
Frequently asked questions
- Can risk scoring reflect our organisation's own methodology?
- Yes — the likelihood/impact scale, appetite bands, and classification methodology are configurable, not fixed.
- Are treatment actions tracked to actual completion?
- Yes — a treatment action has an owner, due date, milestones, and evidence, and residual risk is only reassessed once the action is verified.
Part of the connected GRC platform