| In today’s environment, it is imperative that management must develop a greater awareness of the links between risk management, good corporate governance and improved corporate performance. Organizations must have a well-defined methodology to proactively manage and mitigate the exposure to risks. iCo-op Risk Manager provides organizations with a well-defined and established methodology (AS/NZS 4360: 1999) to proactively manage and mitigate operation risk exposure. It provides the structure, discipline, process and conformance that are necessary to ensure that risk management is systematic and reviewed continuously. PRODUCT DESCRIPTION iCo-op Risk Manager is a web-based solution that allows organizations to manage their risk exposures across the entire organization. It provides an intuitive and user-friendly interface to help organizations to manage risks with a well-defined workflow based on established methodology. In a dynamic real-world environment, it is important that management has real-time information on all the risk exposures of the organization. iCo-op Risk Manager provides a dashboard view that summarises all the risk exposures of the organization and tracks how the risks are mitigated dynamically as the action plans are implemented. The snap shot of each risk is downward drillable to provide more detailed information. 
iCo-op Risk Manager provides a user-friendly template that allows organization to customize their own templates to facilitate the identification, assessment, control and treatment of risks. The risk appetite of every organization is different, depending on the size of the organization, nature of the core businesses, prevailing market sentiments, management and so on. iCo-op Risk Manager allows organizations to define their risk appetite, either quantitatively or qualitatively. iCo-op Risk Manager provides the workflow to allow management to assess the cost-benefit of the action plans for mitigating risks. This provides cost-benefit visibility to budgeting for risk management. An important aspect of risk management is the constant and regular monitoring and review of all the risk exposures, controls and treatments. With iCo-op Risk Manager, each tasks is assigned an owner so that the monitoring and reviewing process is built into the workflow. Communication and consulting are via emails. Email alerts are auto-triggered by critical activities like assigning of tasks, reviews, incidence reports, changes made and due dates. UNIQUE SELLING POINTS - Web-based solution that support enterprise wide deployment for operation risk management across the entire organization
- Real-time risk management
- Intuitive and user friendly interface
- Configurable and customisable template that allows organization to built their own templates for identification, assessment, control and treatment of risks.
- Allow the organisation to configure and customise the reporting structure (both hierarchical and matrix) to define the work flow, authority level, access rights and security
- Support both quantitative and qualitative assessment of risks
- Allow organisations to define their risk appetite, both quantitatively and qualitatively
- Provide the cost-benefit analysis of operation risk management
- Provide the work flow for identification, assessment, control and treatment of risks and the assignment of tasks to owners so that the constant and regular monitoring and reviewing process is well-defined
- Provide the work flow for budgeting for control and treatment of risks
- Auto email (and SMS as option) notification triggered by assignment of tasks, reviews, incidence reports, changes made and due dates.
- Help to allocate tasks by provide summary of the list of tasks assigned and task owners
- Allow end-user to prioritize tasks
- Provide the dashboard view of all risk exposures of the organization.
- Allow the selection and filtering of dashboard view by end-user or business units.
- The snap shot of each risk is downward drillable for more details, down to as granular as control/treatment plans and reports.
- Tracks the dynamic mitigation of all risks as action plans are implemented and record the strengths and weaknesses of each controls and treatments
- Allow the linking of the selected objective to key performance indices (KPI)
- Allow attachment of MS Word document to incidence reports
- Provides a full audit trail of all risk management activities
POWERED BY CA iCo-op Risk Manager is powered by Computer Associates’ CleverPath technology. iCo-op is proud to be the first software company in ASEAN to obtain the CA smart certification from Computer Associates. The CA smart™ seal of excellence is earned by solution partners of Computer Associates who deliver business value and technical excellence through the integration of their products with Computer Associates technologies. SYSTEM MINIMUM REQUIREMENTS Server Requirements: 
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