Archer® Enterprise & Operational Risk Management
< WHAT IT DOES >
Gain a clear, consolidated view of your organization’s risk
Archer Enterprise & Operational Risk Management serves as the single, central aggregation point supporting your enterprise’s operational risk management program. It brings together data often found in siloed risk repositories and gives risk management teams and first line defenders a comprehensive set of tools, reports and dashboards to identify, assess, evaluate, treat and monitor risks consistently across their enterprise.
Brings consistency to risk management
Allows you to standardize your organization’s risk management process and establish a common risk language, measurement approach, rating scales and reporting.
Helps to improve decision-making
Helps leaders at all levels make more informed decisions by providing a clear, consolidated and consistent view of risk.
Helps to drive accountability
Helps to improve your organization’s overall risk posture by driving accountability for risks to individual business unit managers.
Operationalizes your three lines of defense
Engages business unit managers in uncovering and assessing risks in their operations while risk managers focus on oversight and exceptions.
< Use cases >
Use cases for every aspect of operational risk management
Archer Risk Catalog allows you to record and track risks across your enterprise and establish accountability for them. It lets you take a top-down, qualitative approach to assessing inherent and residual risk and enables a three-level rollup of risk, from a granular level up through enterprise risk statements.
Top-down risk assessment
Document your organization’s risks and controls with Archer Top-Down Risk Assessment. Perform risk assessments on new products and services, business processes, and mergers and acquisitions; execute automated risk assessment campaigns using pre-built forms; and manage and report on identified risk issues and remediation progress.
Loss event management
Track and report on loss events, perform root cause analysis and establish accountability across your enterprise with Archer Loss Event Management. Automate the review and analysis workflow for loss events and manage the end-to-end loss event lifecycle.
Helping you manage operational and digital risks
Digital transformation heightens organizations’ exposure to operational risks at the same time that it creates a host of new digital risks for businesses to manage. Archer Enterprise & Operational Risk Management provides organizations with a single, central and responsive platform for proactively identifying, evaluating, treating and reporting on all risks as you chart your digital transformation.
< Resources >
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