Welcome to RiskVizon

Imperatives for Effective Governance and Risk Management

RiskVizon aims to protect institutions and their stakeholders from financial, reputational, and emotional distress, originating from weak corporate governance and risk management. attached video .

Contact for a Demo

Enterprise Governance and
Risk Management Challenges

• Lack of holistic enterprise risk perspective

• Missing integrated view of hazards and risks

• Silo perspectives of performance and risk-return

• Ad-hoc early warning indicators monitoring and impact assessment

• Disjointed governance across business units

• Gap in enterprise-economy relationship understanding

• Inconsistent country risk management framework and methodology

• Complex methodology for scenario simulation and aggregation

ERISK Value Proposition

• Financial Distress and Stakeholder
  Distrust Can Lead to Bankruptcy
  

• ERISK Application is the Solution for
  Effective Governance and Risk Oversight

• ERISK Empowers You to Focus on
  Execution with Actionable Intelligence

• Steps to Establish an Effective
  Enterprise Risk Management Framework

• ERISK Provides a Comprehensive
  Enterprise Risk Management Solution

Financial Distress and Stakeholder Distrust Are Very Costly

•

Governance and risk management failures in strategic target execution are a primary source of financial distress.

•

Reactive approaches to financial distress or stakeholder distrust are significantly more expensive than preventive planning.

•

Prevention is no longer optional—effective governance is a board-level necessity in today’s complex business landscape.

•

Companies need reliable enterprise oversight tools to implement and monitor effective frameworks.

•

Long-term sustainability depends on strong, resilient governance and risk management infrastructure.

ERISK Application is Comprehensive and Integrated

•

ERISK is a comprehensive application suite designed for board committee members, executives, and regulatory supervisors.

•

Primary purpose is to strengthen the effectiveness of oversight of 'Governance and Risks' in medium and large size enterprises.

•

Features six integrated and configurable modules enabling organizations to implement and monitor effectiveness of governance and risks.

•

Key capabilities include enterprise target setting, risk capital calculation and allocation, governance workflow, and risk oversight.

•

Built on state-of-the-art technology with robust design to make it customizable, scalable, and secure.

The Benefits Are Tremendous

•

Implement governance & risk management framework with clear accountability.

•

Align the policies, processes, projects, and risks to specific corporate targets.

•

Systematically identify, assess, monitor, and mitigate risks to manage risk appetite.

•

Quantify risk driver sensitivity of assets, liabilities, and income via simulation of scenarios.

•

Monitor risks and issues, trigger workflows, and show status of actions on the dashboard.

•

Build modern infrastructure with robust design and operational controls to ensure security.

•

Create organisation structure, quantitative and qualitative targets, and accountabilities.

•

Assign targets to accountable people at business unit, region, country, and entity levels.

•

Capture, in a database, targets, policies, processes, projects, risks, controls, and incidents.

•

Establish risk thresholds, workflows, resolution measures, and dashboard for monitoring.

•

Constantly improve the design and operations of the framework to mitigate risks.

ERISK enables to

•

Quick setup of organisational structure with transparency on accountability at each entity level and function.

•

Just one dashboard to monitor strategic targets, accountabilities, policies, processes, risks, issues, and projects.

•

Ability to simulate macro-economic and other adverse scenarios as prescribed by the regulators and more.

•

Assess portfolio performance and allocate risk capital to various countries based on their business opportunities and risk profile.

•

Integrated framework and tool to monitor "Early Warning Indicators" and assess their potential impact on your organisation.

ERISK Solution Framework Components and Key Features

ERISK Framework Overview

Integrated and Comprehensive Governance and Risk Assessment

•   Nine integrated modules for comprehensive risk assessment
•   Framework to setup organizational and governance structure
•   Enterprise policies, processes, and projects aligned to         corporate targets

Scenario based stochastic modelling and risk assessment

•   Confidence interval-based risk capital and risk figure derivation
•   Quantative and qualitative risk assessment of various risk types
•   Risk based capital allocation to business units, countries and         portfolios