Two major challenges facing the risk management team, and the wider management team is 1) developing the right culture around risk management and 2) meeting regulatory requirements, specifically been able to demonstrate that the risk management framework has been embedded into the organisation.
Working with clients recently, StratexSystems has enhanced StratexPoint to include an ‘Acknowledgement’ capability which prompts the ‘Accountable’ persons to ‘Acknowledge’ their most recent data, which could be indicator data, risk assessment data, control self assessment data etc.
Acknowledge Overview Dashboard
These capabilities are having a significant, and positive impact within our client’s organisations. Would welcome feedback and comments.