Risk Assessments
Identifying your business and IT risks is the first step in any risk management effort. A crucial next step is to address the risk level, in order to find out which risks deserve attention, and which risks are less relevant. BWise Risk Assessments, an integrated component of the BWise Governance, Risk and Compliance (GRC) platform, allows you:
- To assess your risks, using configurable impact and likelihood scales (severity and frequency)
- Run inherent risk assessments, residual risk assessments or both
- Drive risk assessment workflows to ensure correct data gathering and management sign-off
- Run configurable reports with drill-down heatcharts and risk overviews
BWise Risks Assessment is part of the BWise GRC solution, allowing you to run risk assessment on all risk & control structures build in BWise. BWise allows you to simply add the Risk Assessment solution to your existing installation and immediately start assessing your risks, without additional configuration and installation.
With BWise Risk Assessment, you can reduce both your operating costs and risks.
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