Operational Risk Software

To help banks jump start their ORM frameworks, ORI has developed a highly cost-effective web-based tool that allows all levels of hierarchy to document and monitor their risks and controls as well as follow-up on action items for a host of issues including operational losses, audit, compliance, regulatory and complaints. The system is available on annual subscription basis and is ideal for small banks currently holding back on investing in a more complex operational risk management software.

Features

• License-Free Software
• Proprietary Tool Developed by ORI
• Very Economically Priced
• Specially Designed to Cater to Small Organizations
• Basel II and III ORM Compliant
• Email Alerts
• Risk Alerts
• Links to ORM Policy Document
• User Access Rights and Permissions
• Risk Governance
• Risk Register
• Impact/Likelihood Criteria
• Risk Assessment
• Control Assessment
• Key Risk Indicators
• Loss Reporting
• Recovery Management
• Issues and Action Management
• Audit, Compliance and Complaints Management
• Completely Web-Based
• Installed Within Client’s Server
• Data Accessible Only Via In-House Network