RSA Archer® Operational Risk Management
Understand the business context of risk with an aggregated view of risk across the business.
- RSA has been recognized as a Leader in the Gartner® Magic Quadrant for Operational Risk Management Solutions for the second consecutive year.
- Engage business managers using consistent methodologies to identify and manage the risks and controls within their domain of responsibility.
Better understanding of risks throughout the organization
Quicker detection and management of changes in risk profile
Reduced time to problem resolution
Ability to demonstrate design and effectiveness of risk management program
Improved risk management and risk management culture by engaging the first line of defense to own their risks and controls
More efficient, less time consuming operational risk management program administration, allowing second line of defense teams to spend more time on analysis and less time on administration and reporting
Reduction in audit findings, fewer surprises, loss events, and incidents
Provides a consolidated view into business processes, risks, controls, loss events, key indicators, outstanding issues, and the interrelationships among them.
Root Cause Analysis
Capture and perform root cause analysis on internal losses and near misses in addition to relevant external loss events.
Robust key risk and control indicator program management.
Reports, Dashboards and Notifications
Visibility into operational risk via predefined reports, risk dashboards, workflow and notifications.
Supports Various Assessments
Support for first line of defense self-assessments as well as top-down and bottom-up assessments.
Greater Understanding of Risk
Understand inherent and residual risk and observe changes in calculated residual risk while rolling up risks by business unit and enterprise risk statement.
Consolidated issues management with a clear understanding at all times of the status of all open remediation plans and exceptions.
The issue of duplicating or missing work due to silos has gone. With one tool and one central location, now we can maximize efficiencies and remove that duplication. The Archer platform also allows us to collect data automatically and in real-time, meaning we’re able to keep up with our risk management and compliance obligations through our day-to-day operations.
AVP, GRC Officer @ Berkshire Bank