Riskion® is a web-based enterprise risk management tool designed to help synthesize, identify, accurately measure, and mitigate risks.
Riskion’s comprehensive risk identification and measurement algorithms help you make better strategic risk decisions that can be better communicated to senior leadership and risk experts across previously isolated risk silos like third party risk, cyber-security risk, supply-chain risk, and others.
By using pure ratio-based mathematics combined with your existing platform data and experienced minds, Riskion® technology is able to help you identify AND SYNTHESIZE events, causes, and outcomes to help you allocate necessary resources to mitigate these risks. More importantly, Riskion gives you the tools to estimate reliable measures for "future" risk with simulations and sensitivity analyses that truly let you quantify when an ounce of prevention is worth the cost.
Riskion's structured, disciplined process eliminates the confusion usually encountered with technical "risk analyses" so that your team can collaborate and better leverage your already existing project management tools to improve risk reduction initiatives.
Being aware of potential risks to your enterprise can mean the difference between bankruptcy and being a Fortune 500 company.
Riskion® risk management carries many incredible benefits that can be both obvious and obscure, but nonetheless crucial to a profitable business model.
Whether you’re looking to mitigate potential risks to infrastructure from a new development or develop risk treatments when introducing a new product, comprehensive risk management represents an incredible opportunity to get a leg up on the competition in your industry.
Suitable for strategic risk management
Unlike other risk assessment methods, you get a clear picture of controls with Riskion, complete with low and high probability events allowing you to design and optimize resources needed for your portfolio of controls.
Riskion is the only tool that provides measures that are both comprehensive and meaningful.
While existing risk methodologies rely on mathematically meaningless shortcuts, Riskion® technology uses techniques that achieve true ratio scale measures for both risk and likelihood.
Riskion® uses a clear, visual model to help you identify objectives and distinguish between potential risk treatments.
Through our web-based crowdsource model, you are able to invite and request insight from everyone from your Board of Directors, experts within or outside your organization, or from stakeholders anywhere around the world. Once all judgments are provided, an initial risk model is designed based on probability and impacts of the risk event. This information is synthesized into a “bow-tie diagram” that gives you an easy to understand visual map to potential risk sources and objectives.
Now, you are fully aware of every source and cause of risk and outcomes that will help you design a complete map to an adequate solution. With this map, you can ensure that your business is ahead of the curve if and when potential risks occur.
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