RSA Archer® Loss Event Management
Track and report on loss events, perform root cause analysis and establish accountability across your enterprise.
- Manage the loss event lifecycle to understand where and how your risk management program needs to be strengthened.
- Automate the review and analysis workflow of loss events.
- Manage and report on issues and remediation plans associated with loss events.
Consolidated view of loss events by frequency amount, type, source and owner.
Understand whether remediation plans are being executed on time, as planned.
Greater engagement of business unit managers in the management of losses.
Clear understanding of the cause of loss events and the actions being taken to remediate the problems that led to the loss event.
Reduced frequency and number of loss events.
Loss Event Catalog
Consolidated loss event catalog including actual losses, near misses and calibrated external loss events.
Root Cause Analysis
Facilitates faster root cause analysis.
Visibility into aggregate losses by type, source and area of ownership.
Consolidated list of remediation plans to reduce likelihood and impact of similar future loss events.
Assign Loss Events
Assignment of loss events by business unit and named individuals.
Review and approval of loss events by key stakeholders.
Ability to drill into specific loss events for greater detail.
Loss Event Correlation
Loss events can be correlated to risk and control procedure registers used to inform risk assessments and Monte Carlo simulations, if those use cases are employed.