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Enterprise Risk Management

Risk management. Made seamless.

Bring together all the tools for measuring and monitoring risk, gain strategic insights – and act.

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Manage risks. Confidently.

Gain a holistic view of risk. Empower risk owners with the right insights into your overall governance, risk and compliance (GRC) program. With Protecht, you can link and structure data, from risk appetite statements to risk and control self-assessments (RCSAs) and beyond, to enable risk-informed decisions.

  • Connect real-time risks and controls to key risk indicators (KRIs), incidents, issues and more

  • Standardize risk events, causes and controls with taxonomies

  • Develop a single source of truth for risk and compliance

  • Enable truly enterprise-wide risk management and empower a risk culture

Better, faster decisions

Action-oriented insights through dashboards, reports and visual risk tools. Prioritize the right actions after risk and control self-assessments.

  • Make data-driven decisions across the organization

  • Filter and combine real-time data from across the system by risk

  • Identify vulnerabilities – critical risk ratings, worsening KRIs, ineffective controls

  • Generate custom visualizations at the click of a button

Measure risk

Insights into performance over time let you continually measure and improve your enterprise risk management (ERM) program.

  • Gain perspective with integrated data across the risk lifecycle

  • Connect the dots on risks, controls testing, KRIs, actions, and incidents

  • Get immediate ERM position overviews with risk health scores and trends data

  • Drill down from enterprise level through to single business units

Engage all levels

Drive engagement from the front line and risk owners to executives and the board. Lift your risk culture as every user builds their own risk awareness and sense of ownership.

  • Role-based user experience – from front-line to C-suite

  • Present, workshop and analyze crucial risk insights with ease

  • Create custom PDF, Excel and PPT reports

  • Link data directly to teams and users

Continually improve & stay in control

Remove the burden of manual processing. Replace out-of-date, siloed spreadsheets and documents with a system built for integrated enterprise risk management.

  • Hit the ground running with templated risk registers, dashboards and reports

  • Expand to additional risk use cases as soon as you’re ready

  • Design, build and implement with guidance from risk experts

  • No-coding configuration so your system works for you

Risk management brochure.

Bring together all the tools to measure and monitor risk, gain strategic insights – and act.

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What it actually means to manage risk.

Find out how true Enterprise Risk Management works.

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Calculate your ROI.

See how much you can save with Protecht.

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Buyer’s guide.

What an ERM solution is, why you need one, and how to make the right choice.

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Protecht ERM — your foundation for continuous improvement across all risk management areas

Preconfigured content — for a turnkey launch

Optimize your risk management program at the click of a button. Set up and maintain your ERM system with Protecht's Marketplace: preconfigured registers, dashboards and reports.

Popular register packages for specific risk use cases

Risk Management

The risk self-assessment process is a cornerstone of a strong enterprise risk management framework. Protecht’s Risk Management register and dashboard help you:

  • Define your risks

  • Periodically review and assess them to determine the level of risk (both inherent and residual)

  • Report on these activities to management and the board

Control Management

Assess and monitor your controls to mitigate risk with a Control Management register for consistent data capture and dashboard reporting.

  • Record key control details

  • Assign owners

  • Support control reviews

  • Record control ratings

Risk Library

Consistently communicate about risk in your organization with a risk event taxonomy and library.

  • Establish an integrated picture of risks throughout the various components of your Protecht solution, linking through to reporting

  • Standardized classification with tags for risk category and level

KRI Library

Help your organization align and communicate about risk. This library of key risk indicators (ie, risk metrics):

  • Provides staff with a standard set of metrics to use locally for monitoring risk

  • Aligns with Protecht’s risk library to gain a connected view of metrics for each risk

Operational Controls Library

Implement a strong control framework with this taxonomy and library of operational controls that can be centrally managed. The Operational Controls Library helps organizations:

  • Clearly communicate with consistent language for controls, avoiding unnecessary variation

  • Identify control improvement opportunities

  • Easily report, allowing aggregation of controls across the organization, and

  • Improve engagement with the business

Risk Management Profile Report

Move to truly integrated enterprise risk management with collated data to analyze and view risk at an enterprise level. This point-in-time report pulls together the key data linked to a single risk including:

  • Risk ratings and controls

  • KRIs/Metrics

  • Issues and findings

  • Incidents, attestations, and actions

Control Management Profile Report

Analyze and view a control in a truly integrated risk management solution.

  • Point-in-time report on a single control that integrates data linked to that control

  • Includes risks, issues, incidents, obligations and more

Actions Management

Gain visibility of risk and compliance management actions to ensure they are carried out by the right people and at the right time. The Actions Management register and dashboard help you:

  • Create and supervise any type of action

  • Assign owners and contributors

  • Follow-up and escalate actions

  • Identify overdue actions

Gifts, Benefits and Hospitality

Monitor and manage offers of gifts, benefits and hospitality to promote impartial decision-making and ethical behavior. The pre-designed register and dashboard support:

  • Logging of incoming and outgoing offers of gifts, benefits and hospitality for visibility

  • Review and management of offers by business managers and centralized risk and compliance teams, and

  • Risk reporting for executive or board review

Conflicts of Interest

Identify and action potential conflicts of interest from board to employee level. Ensure transparency and accountability with the Conflicts of Interest register and dashboard that enable:

  • Logging and review of conflicts of interest across all staff

  • Review of board and executive committee members

  • Risk reporting for executive or board review

Case study

How WorldRemit manages risk across 130 countries.

Protecht has really helped us in streamlining the risk management processes. The fact that our users can go into the system, update their own key risk indicators, update their own risks, has been really powerful for us.

Tsam Jeffries

Director of Enterprise & Operational Risk, WorldRemit

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