SYDNEY, AUSTRALIA – 18 FEBRUARY, 2015 – Relegen, a leading supplier of people and technology to Defence and asset-intensive industries, has officially announced the wider-availability of riskDNA, a new software product which forms a part of its enterprise intelligence technology tool suite. riskDNA is the first enterprise risk management software to be built around the best-practice control-centred risk intelligence [C2RI] methodology. Whilst riskDNA is being officially announced to the market now, the software has been adopted and used by Orica Limited, the world leader in the manufacture of explosives and industrial chemicals to the mining, construction and infrastructure industries, for over 12 months.
With today’s organisations facing growing regulatory compliance, variability in market conditions, and the need to manage new risks, traditional risk tools and processes are no longer satisfactory. Conventional solutions such as risk registers and matrices do not provide the granularity necessary to make better, more informed decisions about risk. Furthermore, organisations need to move away from costly consultant-run programs and towards a model of self-sufficiency so they can lower risk program administration costs whilst improving corporate risk knowledge and gaining greater insights into their business.
riskDNA overcomes these challenges. It enables organisations to create a single point of truth for all of their risk data and gain a holistic view of all enterprise risk. It is a highly flexible tool which organisations can use to manage any business risk – safety, environmental, security, community, reputation, hazards and incidents, operational, even financial and strategic risks. In particular, riskDNA and the C2RI methodology enables organisations to easily capture data, model critical controls and correlate risk intelligence across the enterprise so they can better prioritise resources and address those issues that will return the best risk improvement.
To learn more about riskDNA, enterprise intelligence software from Relegen, please visit www.riskDNAsoftware.com >>