Risk management

Risk management. Made seamless.

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

Manage risks. Confidently.

Gain a holistic view of risk. Empower risk owners with the right insights. With Protecht, you can link and structure data for better risk and control self-assessment.

Connect your real-time risks, controls and to KRIs, incidents, issues and more
Standardise risk events, causes and controls with taxonomies
Develop a single source of truth
Enable truly enterprise-wide risk management

Better, faster decisions

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

Make data-driven decisions across the organisation
Filter and combine real-time data from across the system by risk
Identify vulnerabilities – critical risk ratings, worsening KRIs, ineffective controls
Generate custom visualisations at the click of a button

Measure risk

Insights into performance over time let you continually measure and improve your risk management.

Gain perspective with integrated data across the risk lifecycle
Connect the dots on risks, controls testing, KRIs, actions, and incidents
Get immediate overviews with risk health scores and trend data
Drill down from enterprise level through to single business units

Engage all levels

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

Role-based user experience – from front-line to C-suite
Present, workshop and analyse 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 Replace out-of-date, siloed documents with a system built for enterprise risk management.

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

What it actually means to manage risk.

Find out how true Enterprise Risk Management works.

Calculate your ROI.

See how much you can save with Protecht.

Buyer’s guide.

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

Protecht ERM: Your foundation for continuous improvements across all risk management.

Structured data

Actionable insights

User experience

Risk visualisation and reports

Pathway to sophistication

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
Standardise 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

User-centric forms, dashboards and workflows for intuitive follow-up and maximum productivity.

Customise registers and dashboards without any need for coding
Digital workflows with automated alerts and reminders
Scheduler to automate report generation and distribution
All tasks within one view

Risk visualisation and reports

Powerful visualisations 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

A clear roadmap to risk maturity, supporting your team with coaching and proven training programs.

Templated risk registers, dashboards and reports
Continuous coaching by ERM subject matter experts
Comprehensive suite of interactive learning materials
Custom on-demand training

Preconfigured content – for a turnkey launch

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

Popular register packages for building and growing your risk management system:

Strategic and Operational Objectives

Enables strategy teams, executives and board members to see progress of their organisational strategic priorities and associated milestones:

Capture key strategic objectives
Track and measure performance of them over their lifetime
Provide insight into the health and status of any related risks or actions

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

Controls Management and Assurance

Provides ongoing assurance to external stakeholders and/or the board that controls are effective. The register and dashboard help you:

Determine key controls, linking controls to different records and attach relevant supporting documentation
Separately assess design and operational effectiveness
Escalate ineffective controls
Identify issues and easily report on them

Risk Library

Consistently communicate about risk in your organisation 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
Standardised classification with tags for risk category and level

KRI Library

Help your organisation 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 organisations:

Clearly communicate with consistent language for controls, avoiding unnecessary variation
Identify control improvement opportunities
Easily report, allowing aggregation of controls across the organisation, and
Improve engagement with the business

Risk Management Profile Report

Move to truly integrated enterprise risk management with collated data to analyse 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

Analyse 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 behaviour. 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 centralised 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

Feedback and Complaints

Manages feedback and complaints to achieve strategic goals, validate risks, and identify compliance and operational weaknesses:

Establish a framework to identify and action feedback
Manage both positive and negative feedback

Complaint Management

An alternative to 'Feedback and Complaints’ which enables more in-depth focus on complaints only. The register, dashboard and workflow rules help organisations:

Identify and action complaints promptly
Validate risks and highlight control weaknesses
Identify compliance & operational weaknesses

Complaints Management RG271

Helps you meet consumer and regulator expectations with a register, dashboard and workflow rules that deliver visibility over complaints:

Appropriate tracking, action and escalation
Responses that adhere to policy and process within timeframes
Reporting on complaints handling for senior management or board review.
Generate an Internal Dispute Resolution CSV file to meet ASIC data reporting requirements

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

Find out more about risk management

Thought leadership and product demonstration webinars

Thought leadership webinar

From risks to outcomes: Putting strategy and objectives at the heart of risk management.

25 Feb | Register now

Product demonstration webinar

Bringing strategy and objectives together with Protecht ERM.

27 Feb | Register now

Thought leadership webinar

Risk and compliance: Can’t we just be friends?

Watch on demand