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What is Opture ERM?

The Opture ERM Basic Version acts as a foundational risk management platform tailored for beginners, enabling users to implement both conventional and customized methodologies within a professional online software environment. This tool thoroughly addresses every phase of the risk management process, encompassing identification, assessment, analysis, control, reporting, and monitoring, while laying the groundwork for future modular improvements. In addition, the Opture ERM Basic Version provides a comprehensive view on calculating both gross and net expected values, emphasizing the relationships between a company's organizational and procedural frameworks, corresponding risks, and appointed risk owners, thereby aiding in the formulation of effective control measures. By weaving these components together, users can adopt a more unified and strategic approach to mitigating potential risks. Ultimately, this integration promotes not only a deeper understanding of risk factors but also enhances the overall resilience of the organization.

What is Azilon Risk Manager?

Operational Risk Management, as described in the Basel Banking Accord, encompasses the risks of potential losses, whether direct or indirect, stemming from insufficient internal processes, personnel issues, system flaws, or external events. This type of risk remains a persistent challenge for any organization, even prior to launching their products. By understanding these risks in terms of frequency and possible effects, companies can more effectively direct their resources to mitigate the most significant threats. Additionally, investigating the underlying reasons for failures allows employees to refine their operational methods, reduce costly errors, and maintain a high standard of service for customers. The practice of Loss Data, often referred to as internal data, entails the careful documentation of loss incidents while correlating these occurrences with particular business units, processes, and the control breakdowns that either triggered or exacerbated these events. This thorough approach contributes to building a more effective risk management framework. Moreover, through the establishment of systematic tracking and comprehensive analysis, organizations can foster an environment of ongoing enhancement and greater resilience to operational challenges. Ultimately, this commitment to improvement not only safeguards the company but also reinforces trust with stakeholders.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

OPTURE

Date Founded

2002

Company Location

Switzerland

Company Website

www.opture.com/en/

Company Facts

Organization Name

Azilon

Company Website

www.azilon.com/products-rm.asp

Categories and Features

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

Categories and Features

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