ResilOr provides a holistic approach to regulatory Operational Resilience and Operational Risk Management guidelines, thanks to its high flexibility:
- Permits to determine operations and shared services criticality
- Determine the resilience score, risk appetite and tolerance metrics for critical operation and shared service
- Evaluate risk holistically using appropriate scenarios: operational risk, systemic risk, reputational risk,strategic risk, technology and cyber risk and other relevant risks
- Determine resilience assurance actions: BCP, Disaster Recovery Plans, Third Party Risk and more
- Establish a framework of monitoring and controls using KRIs
- Provide an economic value-based approach to analyze the business case for mitigation investments
ResilOR
ResilOR is leader on completeness of offering:
Award winning ResilOR is designed to permit a full Non-Financial Risk management: OpRisk, ESG Sustainability, Compliance, Systemic, Reputational and Strategic risks management and its linkage to ICAAP
Operational risk Management and modelling
KRIs for OpRisk, Systemic and Reputational risks
Regulatory compliance
ESG Sustainability risk evaluation
ResilOr permits an end-to-end OpRisk identification, evaluation, mitigation, monitoring and dashboarding and includes: RCSA, KRIs, controls, action plans, scenario analysis, loss register, capital modelling and risk appetite
OpRisk capital modelling
KRIs for OpRisk, Systemic and Reputational risks
NPV of action plans
Risk appetite
Fact-proving dashboards demonstrate economic value-add, completeness, effectiveness and managers commitment with OpRisk management
Economic value-add of action plans
Effectiveness of OpRisk management
Completeness of OpRisk management
Commitment of OpRisk managers
Control testing commitment
Our solution ResilOr maximizes the influence of the risk management program in your organization by creating monetary-value-based risk metrics which effectively engage your organization’s senior and upper management
Traditional risk metrics are translated, using generally accepted modelling principles, into the economic value metrics used by the upper and senior management maximising the influence of the risk management team into the organization and permitting to demonstrate the strong value generation of the risk management function
AB’s OpRisk management: your Dept. becomes value generation center