Arukus ERM

With Arukus Enterprise Risk Management (ERM) Application, financial instituions can now proactively address risks that could potentially disrupt business. Safeguard your processes, protect your assets, and gain a competitive edge by implementing a comprehensive risk management solution tailored to your organization’s needs.

By providing comprehensive risk assessments, actionable insights, and robust mitigation strategies Arukus ERM application enables organizations to identify potential risks, evaluate their impact, and take proactive measures to reduce and manage them effectively.

Here is a summary of principal tasks that can be managed through the ERM application:

1. Create and Manage Risks
2. Approving the Risks created
3. Add Pre-Mitigation, Post Mitigation and Target Probability & Impacts and maintain Risk Scores
4. Manage Risk Interaction
5. Manage Risk Mitigations
6. Manage Risk Controls
7. Manage KRIs (Key Risk Index)
8. Update values for Controls, Mitigation and KRIs as per Frequencies set by the Responsible Users
9. Monitor Updates for each Risk parameters w.r.t Post and Target Mitigation values

Through the Arukus ERM any unforeseen incidents can be recorded with the impacted office, type of disruption of business, estimated damage, planned corrective actions and impacted Risks with supporting documents.