Operational Risk | Wolters Kluwer Financial Services OneSumX
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OneSumX Operational Risk

  • Effectively Manage Operational Risk

    OneSumX for Operational Risk enables organisations to automate and simplify the process of collecting, storing, analysing, tracking and reporting on information relevant to your operational risk framework. OneSumX allows you to record risk events, remediate issues, complete risk and control assessments, manage key risk indicators, and much more. With this purpose-built platform, organisations can:

    • Automate a very labour-intensive review and assessment process for operational risk 
    • Assign risk management responsibility and accountability within the business 
    • Ensure a cost-effective, continuous assessment of risks 
    • Track various assignments towards successful execution 
    • Capture and manage issues, losses, breaches, control failures 
    • Ensure updated and consistent delivery of policies and procedures 
    • Produce high-quality, accurate, comprehensive reports across your business 
    • Manage programs across the organisation, including audit findings, regulatory change, and other initiatives

     

     

     


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