Optimise management oversight and turn data into information. With JCAD’s risk management software, CORE you can generate a wide range of reports that show risk and control performance. These reports can be subsequently grouped and consolidated by other factors making analysis even more fruitful.
Another important element of risk management is being able, where possible, to measure risk and control performance. This is achieved through the creation of measurements within CORE. Key Performance Indicators (KPI’s) can be linked with objectives; Key Risk Indicators (KRI’s) can be linked to risks and Key Control Indicators (KCI’s), linked with controls.
This insight can help you to make better strategic decisions and identify opportunities. It can also provide benchmarks, enabling you to better demonstrate the value of your risk management activities and identify where changes or improvements need to be made. Metrics can also form part of the risk appetite monitoring process.
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