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Europe Arab Bank selects Symbiant Tracker to replace Team Mate as their new Audit Action Tracking solution - DCC the industrial holding company selects Symbiant Tracker for the group’s audit action tracking - Save the Children opts for Symbiant Risk Suite after the success they have had with Symbiant Tracker. - Beaufort Underwriting Agency selects Symbiant Risk Suite to form the risk management framework to support the EU Solvency II compliant internal model - Radian Group chooses Symbiant Risk Suite as its risk management software solution. - Alberta Health Services the Canadian government Health board have chosen Symbiant Tracker for Internal Audit Action Tracking and to improve their statutory government reporting requirements. - MTN Africa’s largest mobile network provider have selected Symbiant Tracker to improve Internal Audit Action Tracking. - A world famous major department store has selected Symbiant Risk Suite for the group's internal Risk Management Software solution. - After a very lengthy review process the Yorkshire Building Society have selected Symbiant Risk Suite as their new Risk Management Software Solution. - The London and Bradford based Pakistani owned United National Bank has selected Risk Suite for their Risk Management Solution. - The National Bank of Malawi has purchased a license for Symbiant Risk Suite, this is a major step forward for African banks who may have learnt from the mistakes the western banks have made recently. - Scapa Group has selected Risk Suite and Tracker for their Risk Management and Internal Audit Solutions. Scapa are a manufacturer of a wide variety of standard and custom-engineered adhesive films and tape. -

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Benefits of Risk Suite

The Total Risk Management Software Solution

Symbiant Risk Suite is unlike any risk management system currently on the market. It's affordable, easy to use, very flexible, non prescriptive and very powerful. There are no per user charges and three main user levels including a bespoke privilege management level. This allows you to give users and individual managers the amount of freedom that is required for your business.

In fact the whole system has been designed so you can change the total look and feel of the system so it's bespoke to your needs, in other words, you can make it look like it was custom built just for you.

The Risk Suite Overview

Multiple virtual workshops covering identification through to treatment and tracking
Slice-and-dice reporting of risk information including relationship between risks
Definition of risk appetite and reporting against it
Treatment of risk as opportunity as well as threat
Ongoing identification of risk
Incident reporting, hits and near misses, key risk indicators

The main features of the risk suite are:-

Incidents
Users can report incidents which can then be turned in to a risk and progressed in to the Risk Workshop.
Risk Workshop
The risk workshop allows your users to throw ideas in to the risk arena and discuss current listed risks. There are three stages in the forum.

Open this allows users to discuss risks, potential risks and add new risks or related risks to the forum. The manager or administrator can then filter the good from the bad.
Voting. After the discussion you can ask users to vote on the NET and Gross impact and likelihood of the risk
Treatment. Once voting has finished, user can suggest a treatment or agree with a previously suggested treatment

Tracking.
You can move selected risks in to tracking so the agreed action can be monitored and implemented by assigning it to individuals.

Periodic Returns
These are questions you can assign to user groups i.e. risk champions, that they need to answer at set intervals.

Key Risk Indicators
KRI's allow you to quickly identify possible danger or risk issues and can be used to monitor anything such as waste, footfall, sickness, injuries, staff leaving or customer complaints. They also allow you to quickly see if you have a problem area in your business.

Both the KRI's and Periodic Returns can be set to monthly, quarterly, 6 monthly or yearly.

Reports.
Obviously one of the most important features of a Risk Management system is the reporting. The Symbiant Risk Suite as a full set of bespoke management reports that can be as narrow or as deep as you require. So you can instantly see the whole picture or just a specific section.

You can report on the following:-

Incidents
Workshops (sub menu)

Tracking (sub menu)

Periodic Returns
Key Risk Indicators

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