Enterprise Risk Management
Empowering risk managers daily.
Revolutionize your organization’s risk management with Connected Risk®, the software that makes holistic Enterprise Risk Management possible.
Say goodbye to disorganized approaches and hello to structured, accurate insights into risk exposure at all levels of your organization.
Utilizing uniform risk assessment methodologies and multi-dimensional assessments, our software can help establish your unique risk profile—and give you the power to make smarter, more informed decisions with powerful dashboards, heat maps and reports.
Enterprise Risk Management, a solution on our Connected Risk® platform, provides an aggregated view of risk, data analytics to assess your risk and controls, and the ability to integrate disparate data sources to house all relevant information – helping achieve a risk mitigation strategy that suits your business objectives.
Maximize cross-functional communication with a harmonious blend of centralized and federated data models. Strategize the interplay of business objectives, processes and products to increase synchronization with comprehensive risk management. Experience streamlining and organization on a grand scale with fully-documented risk hierarchies, ownership, and detailed descriptions tracked in a centralized library.
Elevate your risk management strategy with our cutting-edge software that allows for advanced risk assessment and analysis. With our streamlined system, you can easily schedule and perform risk assessments with accuracy and ease. Our system supports simple assessments with rating systems or more complex multi-dimensional assessments that weigh various dimensions of risk, including organization, product, process, and more. With improved visibility into every aspect of risk, you can make informed decisions on risk treatment plans, whether to accept, transfer, avoid, or optimize risk.
Improve your control game with industry standard frameworks like COSO and COBIT. Create custom control test plans and assessments, while rating the efficacy of your operational and design controls. With customizable questionnaires and surveys, you can understand your control evaluation status and analyze the results using interactive dashboards.
Keep your finger on the pulse of your organization’s risks, controls, and performance with our state-of-the-art Key Metrics Monitoring system. Our powerful tool allows you to set thresholds to anticipate potential threats and take proactive measures before they escalate. Plus, our customizable alerts and notifications ensure that the appropriate parties are notified of any red flags for faster, more informed decision-making.
Our intuitive and interactive graphical dashboards provide a comprehensive view of risk, enabling you to quickly respond to emerging risks and trends. With real-time access to key metrics, you can easily spot changing risk profiles and take proactive measures to mitigate potential threats. Our role-based landing pages make it easy for executives to access critical risk management systems, with detailed reports and charts that provide unparalleled insights.
How Connected Risk™ Enterprise Risk Management (ERM) Benefits Your Risk Management Teams and Your Organization's Risk as a Whole
Radicially transform efficiency
Upgrade your business operations by streamlining risk assessments with enhanced resource allocation, reducing cycle time and expenses. Maximize your potential with unparalleled efficiency using innovative approaches to risk management.
Empower organizational change
Empower your organization with the ability to swiftly adapt to changing environments and make informed decisions by gaining a comprehensive understanding of your top risks across all business lines. Maximize agility and minimize risk with a unified view that illuminates key areas of concern.
Predict risk behaviors and indicators
Enhance your risk management strategy with cutting-edge predictive risk metrics and indicators that provide unmatched visibility into potential threats. Stay ahead of the curve by anticipating and responding quickly to adverse risk events. Let us empower you with the tools needed to navigate unpredictable, ever-evolving risk landscapes.
Create and instill confidence
Establish a steadfast risk data governance and issue reporting structure with unambiguous lines of accountability to strengthen your rapport with executives and regulators. Boost your confidence to stand tall in the face of challenges with our tailored ERM solution.
Competitively priced to help your organization manage your risk and compliance needs.
Whether you’re an individual, a small team, or a growing enterprise, we have a pricing plan for our suite of GRC applications that aligns perfectly with your goals.
Foundational
For individual contributors and smaller GRC teams.-
1-5 Users
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Fully Featured
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Cloud-Based Hosting Included
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Guided Setup¹
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Training & Documentation Included
Growth
For GRC teams that are growing and maturing their practices.-
6-10 Users
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Fully Featured
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Cloud-Based Hosting Included
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Guided Setup¹
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Training & Documentation Included
Expand
For mature GRC teams that need more users.-
10-15 Users
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Fully Featured
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Cloud-Based Hosting Included
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Guided Setup¹
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Training & Documentation Included
All pricing excludes EmpoweredNEXT/Build Your Own GRC Tool implementations or designs. No configuration option is available for Advance packages. If you’re looking for more advance workflow configurations, learn more about our enterprise pricing by filling out the form below. Configurations required will automatically enter into a different pricing agreement using the Connected Risk Enterprise pricing scheme. Contact us for more details.
Advance with confidence using Connected Risk™
No Code
Deliver customizable solutions designed to your team’s specifications, every time.
User Centric
Enable personalized user permissions and views designed for your team.
Speed
Experience 8 week sprint deliveries on our out-of-the-box solutions.
Integrate
Create a single source of truth with integrated data–internal and external.
"Connected Risk™ is a capable solution for various GRC use cases and industries. It is ideally suited for organizations moving from manual processes or legacy GRC solutions with a high ownership cost and older technology. Organizations engaging with the Empowered Systems Connected Risk solution will find that the speed of implementation and cost of ownership is superior to many other solutions available in the market."
Read the latest from GRC20/20 and Michael Rasmussen in the Empowered Systems Connected Risk™ Solutions Perspective.
Elevate your enterprise risk management strategies and tailor your risk thresholds with a suite of innovative features that optimize your workflows—all made possible through Connected Risk™
Make your risk team's life easier.
Talk to a risk expert.
Fill out the form to the right to be connected to one of our Solutions Experts that can assist you with standing up a proof of concept or even working within your parameters to get a demo started for your group today.
Learn more about our Connected Risk® Enterprise Risk Management solution and how it can manage the entire GRC lifecycle within your organization.
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Connected Risk™ provides you with a single source of truth that provides infinite linkage capabilities, and in turn, increases data quality and knowledge sharing.
In the past, risk professionals have had to accept that a solution could only manage a subset of enterprise risk management (ERM), for example, operational risk management (ORM), credit risk management or market risk management.
With Connected Risk® you receive advanced data mapping capabilities that enable multiple risk data streams to be combined with the solution to deliver a holistic view of risk, enabling your teams to:
Track history
Track the full history of the organization’s risk profile, utilizing an integrated reporting engine and mapping capabilities.
Maintain multiple taxonomies
Maintain multiple taxonomies and inter-relationships to provide an aggregated picture of risk across the business.
Create action plans
Create action plans in response to adverse risk indicators and incidents, from capture to closure.
Maintain a dynamic view
Maintain a dynamic view of risk appetite and execute robust responses to events that threaten to exceed your appetite.
Benefit from flexible models
Benefit from a flexible “best of both” data model through the ability to leverage disparate data sources with integration into third-party systems
Learn more about enterprise risk management from Empowered Systems®
Expand and integrate your solution with
Regulatory Change Management
Quickly identify, capture and manage multiple sources of risk across the enterprise.
Compliance Management
Aggregate & streamline compliance programmes and reveal an understanding of your risks.
Model Risk Management
Create and maintain your model inventory using effective workflow management.
"Powerful Platform For Compliance With Dynamic Regulatory Environment"
“The product is a powerful platform for regulated firms in the financial industry to comply with the ever-changing regulatory environment. The software helps my organization navigate rules and regulations, internal processes, and regulatory reporting requirements.”
Senior Associate, Finance Organization with an annual return of $1-3BN USD
