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.
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Connect real-time risks and controls to key risk indicators (KRIs), incidents, issues and more
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Standardize risk events, causes and controls with taxonomies
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Develop a single source of truth for risk and compliance
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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.
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Make data-driven decisions across the organization
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Filter and combine real-time data from across the system by risk
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Identify vulnerabilities – critical risk ratings, worsening KRIs, ineffective controls
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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.
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Gain perspective with integrated data across the risk lifecycle
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Connect the dots on risks, controls testing, KRIs, actions, and incidents
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Get immediate ERM position overviews with risk health scores and trends data
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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.
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Role-based user experience – from front-line to C-suite
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Present, workshop and analyze crucial risk insights with ease
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Create custom PDF, Excel and PPT reports
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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.
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Hit the ground running with templated risk registers, dashboards and reports
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Expand to additional risk use cases as soon as you’re ready
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Design, build and implement with guidance from risk experts
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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.
Protecht ERM — your foundation for continuous improvement across all risk management areas
Structured data
A single source of truth for your entire team – no more guesswork or duplication.
- Consistent taxonomies for risk events, risk causes and controls in central libraries
- Linkage of central library data across the entire risk lifecycle
- Standardize data with registers for risks and controls management
- Dynamic linking of risk assessments, risk appetite statements and risk assessment scales
- Central control of all libraries, forms, and tags
Actionable insights
Real-time views of interconnected granular and holistic data, ensuring that everyone always knows the why, what, when and how.
- Top risks, risk ratings and risks lacking controls
- Key controls, control effectiveness, control responsibility
- Overdue tasks in risk and control assessment and actioning
- Risk in Motion: related incidents, controls assurance, KRIs, attestations, issues and actions aggregated by risk
User experience
Risk visualization and reports
Powerful visualizations and reports make it easy to collaborate and communicate with all stakeholders from front line to senior management.
- Custom reports generated at the click of a button
- Risk bow tie tool for accurate root cause analyses
- Real-time profiles integrating risks with related incidents, controls assurance, KRIs and other key data
- Interactive and exportable to PDF, PPT and Excel
Pathway to sophistication
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:
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Define your risks
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Periodically review and assess them to determine the level of risk (both inherent and residual)
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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.
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Record key control details
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Assign owners
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Support control reviews
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Record control ratings
Risk Library
Consistently communicate about risk in your organization with a risk event taxonomy and library.
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Establish an integrated picture of risks throughout the various components of your Protecht solution, linking through to reporting
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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):
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Provides staff with a standard set of metrics to use locally for monitoring risk
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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:
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Clearly communicate with consistent language for controls, avoiding unnecessary variation
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Identify control improvement opportunities
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Easily report, allowing aggregation of controls across the organization, and
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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:
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Risk ratings and controls
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KRIs/Metrics
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Issues and findings
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Incidents, attestations, and actions
Control Management Profile Report
Analyze and view a control in a truly integrated risk management solution.
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Point-in-time report on a single control that integrates data linked to that control
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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:
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Create and supervise any type of action
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Assign owners and contributors
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Follow-up and escalate actions
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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:
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Logging of incoming and outgoing offers of gifts, benefits and hospitality for visibility
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Review and management of offers by business managers and centralized risk and compliance teams, and
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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:
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Logging and review of conflicts of interest across all staff
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Review of board and executive committee members
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Risk reporting for executive or board review
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
Related industries
Find out how Protecht’s industry expertise can help your risk management teams meet their business requirements across our key industry verticals:
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Financial services
Manage risk and compliance with a platform configured to empower financial services providers, including banks and credit unions.
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Insurance
Stay on top of regulatory requirements with real-time reporting that gives every user risk ownership.
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Fintech
Manage risk and compliance with a platform designed for rapid growth in a rapidly changing environment.
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Education
Manage risk with a platform configured to support staff, students and your business needs.
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Government
Manage risk and compliance with a platform configured to meet the needs of government entities.
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Industry
Manage your key risk needs – from compliance and vendor management through to health and safety.