Risk appetite reflected in residual risk

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.

Key Enhancements

  • 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.

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Upvoters
Board

3rdRisk

ETA
Jun 30, 2025
Date

About 1 year ago

Author

Rick Sollet

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