Risk Management Insights

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20/12/2018 / Protecht Culture, Press/Media

Thank you for an awesome 2018! đźŽ‰

Firstly, thank you to all of our clients, followers and subscribers for your support over the last 12 months. It has been an incredible year of growth. To close off Protecht's 19th year in business, here's a round up of key events, milestones and stats from 2018.

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14/12/2018 / Risk Reporting, Risk and Reward, Risk Data, Intelligence, Dashboards

Spaceships, Prince Charles and reporting truer business performance

This article was first published in the November 2018 issue of Governance Directions, the official journal of Governance Institute.
  • The accountability of an organisation for its performance is limited by a narrow focus on its financial performance.
  • Developments in risk management and accounting provide a practical solution for measuring true performance using a mix of reward, risk and risk appetite.
  • Measuring true performance requires the measurement of both risk and reward across each stakeholder.

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05/12/2018 / Protecht Culture, Protecht.ERM system

The Agility of Risk Management Software

You might be forgiven for thinking that those who provide Risk Management software must be cautious and plan out their product and their activities to the finest detail before setting out to develop quality product. In fact, I would argue that an agile approach to software development is the only way to fulfil client expectations in general and is perfectly aligned with a risk management culture in particular.

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21/11/2018 / Risk Analytics, Risk Reporting, Protecht.ERM system

Improve your risk management insights using Historical Models

In this video, Matthew Lee talks about how Protecht.ERM's historical models provide users with a better view of their enterprise risk management data.

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20/11/2018 / Risk in Motion, Risk Reporting

Is your risk management a little static?

How do we make decisions based on risk reward when the risk information is out of date? Traditional point-in-time reporting in risk management can result in an artificial view of how your organisation is doing. In this video, David Tattam talks about what you can include in a Risk in Motion report to create a dynamic risk profile of your organisation.

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12/11/2018 / Protecht.ERM system, Protecht Culture

How we use the Agile Methodology to help our clients

Protecht's People & Culture Manager, Cassie Thomson, talks to the Chief Technology Officer, Peter Walker about how the development team adopted the Agile Methodology to benefit our clients.

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08/11/2018 / Enterprise Risk Management, ERM, Risk in Motion, Protecht.ERM system

Enterprise Risk Management - Connecting the Dots

Connecting the dots (in this case, the risks).

It has been a bit of a journey over the last 15 years. At Protecht, we started with the vision of a SaaS enterprise risk management solution that allowed connection of risk to the core components of what was back then, considered an ERM framework. This meant that our central library of risks was not only used in the risk and control assessments but also linked to key risk indicators, attestations and incidents. This enabled our client base to get a more fluid picture of risk and was the genesis of the RiskInMotion™ concept.
 

What was missing back then was the business intelligence engine to bring it all together.

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08/11/2018 / Protecht.ERM system

How much do additional modules cost in Protecht.ERM?

In this video, Alf Esteban talks about one of the questions we get asked the most.

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08/11/2018 / Decision Making

Is risk management front and centre in your decision making?

In this video, David Tattam breaks down the questions you should be asking to better integrate risk management in your organisation's decision making.

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12/09/2018 / Enterprise Risk Management, Risk Analytics, Compliance Management

Managing Risk with the Second Line of Defence Launchpad

The Second Line of Defence Launchpad within the Protecht.ERM system is an effective and interactive visualisation designed specifically for the Line 2 Risk and Compliance Management teams to use in their role of reviewing and challenging Line 1, together with independent reporting and escalation. Read on to find out more.

Why a Launchpad?

A Launchpad can be configured as the first screen a user sees when they log into Protecht.ERM. This ensures that users first see the most important and relevant information to carry out their responsibilities.

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