Jump to: Web-based Operational Risk Management System | Asset and Liability Risk Management System
Aside from risk management training and advisory services, Protecht is also focused on the development of customisable and specialist risk management software in its mission to provide users with practical and workable solutions.
These products were designed by Protecht's directors, both established risk management specialists with collectively over 40 years of experience, to improve the way clients manage their risk through innovative concepts and easy to implement features.
Contact us to discuss your needs with our key personnel or request a demonstration of these products.
Web-based Operational Risk Management System (WORMS)
WORMSTM is a comprehensive web/intranet-based enterprise wide risk management system which covers all elements of total enterprise-wide risk management, audit and compliance including:
- Risk and control self assessment
- Compliance and control attestation
- Incident Recording (OHS, Fraud, Security....)
- Key Risk Indicators (KRI)
- Action tracking
- Comprehensive and flexible reporting
- Flexible workflow rules for monitoring and escalation of the above features
Being web/intranet enabled, it is quickly and easily deployable across your organization, making it your total Enterprise Risk Management solution. It is fully-integrated, customisable and comes pre-populated with many risks, controls and key risk indicators that are relevant to your organisation.
Our implementation services include:
- Framework training for board, management and employees.
- Risk and control self assessment workshop facilitation.
- Creation of key risk indicators, compliance and control attestations with reference to key risks identified in the RCSA process.
- Provision of operational risk management policy documentation.
- Assistance in establishing and running the Enterprise Risk Management Committee.
WORMSTM IS PERFECT FOR: Corporates and organisations under pressure from the expectations of regulatory bodies.
Download the WORMS brochure or visit the WORMS page to learn more about how this risk management software can help your organisation reduce its operational risks.
Asset and Liability Risk Management System (ALARMS)
The ALARMSTM service provides best practice asset and liability risk management, without the excessive costs required to maintain an in-house risk management and reporting system.
ALARMS offers:
- Outsourcing of interest rate risk calculations, analysis, assessment and report creation
- A partner in your ongoing Asset and Liability Management (ALM) function through ongoing training, support and advice from our team of risk management experts and advisors
- The ability to access a web-enabled version to run your own risk management reports and in-house scenarios
Protecht's Asset and Liability Risk Management System provides users with a comprehensive view of its exposures to interest rate movements. Organisations that use ALARMS to manage their interest rate and liquidity risk enjoy the following benefits:
- Client management can focus on interpretation of the results, rather than the production of the reports
- Low cost compared to in-house system implementation and the associated resources required for on-going support.
- System maintenance and system training expenditure is not required
- Avoidance of key person risk in the risk management process
- Automatic access to system upgrades at no extra cost
- Access to a team of risk management experts
- Compliance with regulatory requirements
- Benchmarking your interest rate risk management against industry peers
ALARMSTM IS PERFECT FOR: Banks, financial institutions and corporates affected by interest rate fluctuations or net interest margin forecasting.
The ALARMS page and ALARMS brochure tells you more about how you can start identifying, analysing, evaluating and reporting your interest rate risk.
Register interest on any of Protecht's risk management services today to talk to our advisors and specialists about your organisation's needs.
