To improve risk evaluation, the platform will introduce a visual representation that aligns residual risk with domain-specific risk appetite. This will provide better context for decision-making and ensure risks are assessed relative to organisational thresholds.
risk appetite visualization: residual risk will be plotted against the predefined risk appetite for each domain.
domain-specific thresholds: ensures that risk levels (e.g., low, medium, high) are interpreted correctly based on the domain.
improved risk prioritization: helps risk managers make informed decisions that align with organisational tolerance levels.
This update will enhance clarity, improve risk assessments, and support more effective decision-making.
Share update with 0 linked conversations as well
3rdRisk
About 1 year ago

Rick Sollet
Get notified by email when there are changes.
3rdRisk
About 1 year ago

Rick Sollet
Get notified by email when there are changes.