Symbiant Enterprise Risk Management (ERM) Software

Symbiant’s Enterprise Risk Management (ERM) Software goes far beyond simply tracking risks, it empowers your organisation to build accountability, strengthen compliance, and make risk intelligence actionable across every level of the business.

With Symbiant, you can:

• Establish clear ownership of risks and controls – Assign accountability so everyone knows their responsibilities, and easily present this information to boards, regulators, and stakeholders.

• See the full picture – Link risk, risk assessments, control testing, business objectives , incidents, and audit findings in one interconnected, agile platform, making it simple to understand how each element impacts the bigger risk landscape.

• Standardise risk and control libraries – Ensure consistency across the organisation with shared taxonomies and libraries, so every team is working from the same definitions and frameworks.

• Strengthen regulatory relationships – Drive improved compliance and reporting with accurate, timely data that enhances transparency and builds trust with auditors and regulators.

• Accelerate audit processes – Link risks, controls, and actions directly into your audit workflows, reducing manual effort and providing clear evidence for oversight.

• Reduce compliance workload – Automate assessments, reminders, attestations, and reporting, freeing up teams to focus on analysis and strategy rather than repetitive admin.

• Improve decision-making – Provide leadership with real-time dashboards and timely reports, ensuring that critical decisions are made with confidence and backed by accurate data.

• Build a strong risk culture – Make it simple for employees across departments to engage with ERM processes, embedding risk awareness into everyday operations.

• Adopt a holistic view of enterprise risk – Connect financial, operational, IT, compliance, and strategic risks in one system to understand interdependencies and act proactively.

Symbiant makes ERM practical, scalable, and affordable, replacing outdated spreadsheets and siloed tools with a connected ecosystem that empowers organisations to manage risks more effectively, align with regulatory requirements, and protect long-term objectives.

Over the years, the terminology around risk management has shifted. Different industries and vendors have promoted different labels, but at their core they all point toward the same principle: managing risk in a connected, enterprise-wide way.

The two most common alternatives are:

• GRC – Governance, Risk and Compliance

• IRM – Integrated Risk Management

So how do these compare with ERM (Enterprise Risk Management)?

• GRC – Governance and compliance are essential to any risk framework. In practice, they are already part of ERM. Governance defines accountability and oversight, while compliance ensures obligations are met. ERM simply places these within a wider context — aligning them with business objectives and strategy.

• IRM – Integration is not a separate concept but the foundation of ERM itself. True ERM requires risk assessments, incident reporting, controls assurance, audit findings, and compliance activities to be interconnected. Symbiant Integrated Risk Management solution was built around this principle from day one, ensuring risks are never viewed in isolation.

And while controls testing (whether SOX, NIST, ISO 27001, or other frameworks) is vital, it is only one piece of the ERM picture. Controls on their own do not give organisations a full understanding of risk. That’s why Symbiant connects controls with risks, incidents, audits, and business objectives, providing a holistic, strategic view of risk.

At Symbiant, we are helping organisations see and manage risk across the enterprise, not in silos. But in the end, labels matter less than outcomes. What truly matters is how effectively a system helps you:

• Break down silos,

• Gain real-time visibility,

• Strengthen compliance,

• Improve accountability, and

• Use risk insights to drive smarter decisions.

Traditional risk management grew up in silos, each department looking after its own risks, with separate frameworks, standards, and even legislation for specific risk types like health and safety, environmental, or IT. While this sometimes led to strong oversight in one area, it created blind spots in others. Fraud might be under-invested, while safety risks were over-resourced. The result: inconsistency, inefficiency, and gaps in enterprise-wide visibility.

The Problems with Siloed Risk Management

• Fragmentation – Different teams describe, define, and report risks in different ways, making it difficult to compare or aggregate information.

• Limited oversight – Without a consolidated view, boards and executives struggle to see the bigger picture or identify systemic issues.

• Reactive processes – Reports are often compiled manually, across multiple systems, leading to delays and backward-looking insights.

• Duplicated effort – Repeated processes, multiple systems, and duplicated reporting create wasted time and higher costs.

• Low engagement – Risk remains the domain of specialists, leaving the wider workforce disconnected from the process.

In today’s environment of pandemics, geopolitical conflicts, ESG pressures, cybersecurity threats, and rapid regulatory change, this siloed model simply doesn’t work. Organisations need ERM to bring everything together into one holistic, interconnected view.

Why ERM Matters Today

• Complex risk and control environments demand a joined-up approach. Managing risks in silos means critical interconnections get missed.

• Continuous monitoring is required, risks and controls can’t just be reviewed annually; they need ongoing oversight.

• Interconnected risks like cyber, compliance, and operational resilience are deeply linked; organisations need an integrated view.

• Regulatory change is accelerating — from sanctions to ESG reporting, organisations are under pressure to keep up.

• Digital transformation has redefined how businesses operate, requiring risk, audit, and compliance to modernise alongside.

• Demand for high-quality, timely risk data is rising — boards, regulators, and investors expect reliable insights in real time.

• Data governance requirements are tightening, with regulators asking where data comes from, how it’s stored, and who owns it.

• Resource constraints mean organisations must do more with less, using technology to reduce manual effort and expand capacity.

How Symbiant ERM Solves These Problems

Symbiant’s Enterprise Risk Management Software eliminates silos and inefficiencies by creating a Single Source of Truth (SSOT) for your risks, controls, incidents, compliance, and audits. With automated workflows, real-time dashboards, and connected modules, Symbiant helps you:

• Replace inconsistent processes with a standardised framework across the business.

• Give boards and executives a clear, aggregated view of risk exposure.

• Reduce cost and time wasted on manual reporting.

• Embed risk awareness across the workforce with simple, role-based dashboards.

• Build resilience and agility, ensuring risks are managed proactively, not reactively.

With Symbiant, you stop firefighting fragmented risks and start building a resilient, risk-aware organisation where good decisions can happen faster.

For years, many organisations relied on spreadsheets, emails, and shared folders to manage risk, audit, and compliance processes. Others invested in single-purpose systems from different vendors that don’t connect with each other. Even vendors that grew through acquisitions often left customers with bolt-on systems that don’t provide a truly unified view of risk.

The result is the same: fragmented data, duplication of effort, and a lack of trust in reporting. Instead of clear insight, leadership is left piecing together risk information from multiple sources — often in late-delivered Excel pivot tables — resulting in a backward-looking view of risk.

The Problems With Manual and Non-Integrated Risk Management

• No joined-up view of risk – Data is spread across spreadsheets, emails, and separate systems, making it impossible to derive actionable insights.

• Weak data governance – Without audit trails, it’s unclear what data looked like at a given point in time or who made changes, undermining compliance credibility.

• Data lags and errors – Manual collation slows reporting and increases the risk of mistakes, reducing trust in decision-making information.

• Difficulty adapting to regulatory change – Every update means reworking manual processes, creating delays and compliance gaps.

• Reduced efficiency – Repeated processes and disconnected systems increase the likelihood of control breakdowns and remediation costs.

• Lower engagement – Staff spend more time aggregating and entering data than improving the organisation’s risk culture.

• Regulatory challenges – Regulators have less faith in manually collated data, making audits and compliance reviews harder.

• Greater exposure – Siloed risk management often leads to missed issues, more compliance breaches, and additional risk even

At its core, risk is the effect of uncertainty on objectives. No matter the type, cyber, operational, financial, compliance, or ESG,  all risks share this principle. That’s why Enterprise Risk Management (ERM) is so powerful: it allows organisations to view, analyse, and manage all risks consistently, while still recognising nuances for specific categories.

Symbiant’s ERM software solves the inefficiencies of traditional, siloed approaches in the following ways:

1. One Consistent View of Risk

All risks are captured, described, and managed in a standardised way across the organisation. This eliminates confusion from inconsistent terminology, reporting styles, or departmental silos. Leadership gains a clear, unified understanding of the organisation’s risk profile.

2. Integrated Risk Libraries and Taxonomies

With Symbiant, risks, controls, incidents, and objectives are linked to central libraries (causes, impacts, controls, events). This creates a connected ecosystem that allows you to:

• Aggregate risks across the enterprise, building a holistic view.

• Report consistently to boards, risk committees, and regulators.

• Run powerful analytics to uncover systemic issues, trends, and emerging threats.

3. Connected Risk Processes

Every process, from risk assessments and incident reporting to audits and control testing, is linked to the central framework. This ensures information doesn’t sit in silos, but instead contributes to a dynamic, enterprise-wide risk profile that updates in real time.

4. Enterprise-Wide Engagement

ERM makes risk everyone’s responsibility, not just the domain of specialists. With Symbiant’s intuitive dashboards and workflows, employees across departments can engage in identifying, assessing, and managing risks, building a stronger risk-aware culture.

5. Better Risk Information

Symbiant provides decision-makers with timely, accurate, and understandable insights. Reports and dashboards are real-time, easy to interpret, and linked directly to strategic objectives — giving boards and executives the confidence to act quickly and effectively.

6. Lower Cost, Greater Efficiency

By replacing multiple disconnected systems and manual reporting with a single, modular platform, Symbiant reduces both time and financial investment. Automation eliminates duplication, streamlines compliance tasks, and frees up teams to focus on strategy rather than admin.

Enterprise Risk Management (ERM) works best when it is supported by a clear framework, one that provides governance, builds culture, integrates processes, ensures accountability, and adapts continuously. Symbiant ERM is designed to bring all of these elements together in one connected platform, aligned with ISO 31000, and other global standards.

The Core Components of an Effective ERM Framework

1. Governance and Oversight
Strong ERM begins with governance. Symbiant enables organisations to define roles, responsibilities, and accountability clearly — from board level to frontline teams. Risk appetite, frameworks, and policies can be documented and monitored, giving leadership confidence that risk is aligned with strategic objectives.

2. People and Culture
ERM succeeds only when it is embraced across the business. With Symbiant, every employee can engage with risk through intuitive dashboards and workflows. This builds a risk-aware culture where risk is not just the responsibility of specialists, but part of everyday decision-making.

3. Integrated Processes and Systems
Rather than managing different risk types in isolation, Symbiant connects them into a single ecosystem. Risk assessments, controls, incidents, audits, compliance tasks, and KPIs all feed into the same platform — ensuring consistency, reducing duplication, and enabling a complete enterprise-wide view of risk.

4. Reporting and Accountability
Real-time reporting and clear accountability are critical. Symbiant’s dashboards and automated workflows ensure risk data is visible to the right people at the right time. Boards, regulators, and executives gain reliable insights for faster, evidence-based decisions.

5. Continuous Improvement
Risk management is not static. Symbiant helps organisations adapt through issue tracking, action plans, root cause analysis, and regular reviews. This ensures that the framework evolves with regulatory changes, emerging risks, and organisational growth.

The ability to adapt and respond quickly to unforeseen risks is no longer optional — it’s essential. From pandemics to supply chain disruptions and regulatory change, organisations need risk technology that keeps them resilient and agile.

Symbiant’s cloud-based Enterprise Risk Management Software makes this possible. Data and processes can be accessed securely from anywhere, ensuring business-as-usual operations as well as rapid response in times of crisis. Regulatory updates can be rolled out quickly and efficiently. Strong data governance ensures that accurate, auditable information is always available to boards, executives, and regulators for faster decision-making.

With Symbiant, ERM becomes an interconnected process where risks, controls, compliance policies, incidents, audits, and key indicators are linked together. This provides clarity on how investments in risk management and compliance deliver measurable results, building trust with both internal and external stakeholders.

The Benefits of Symbiant ERM

Efficiency

• Automate and simplify risk data capture and workflows.

• Eliminate manual reporting and cut administrative effort.

• Boost productivity with real-time dashboards and reduced downtime.

• Manage regulatory change with automated alerts, attestations, and streamlined processes.

Effectiveness

• Embed a risk framework that acts as a strategic enabler, not just a compliance tool.

• Gain deeper insights from interconnected data and dynamic reporting.

• Deliver evidence-based risk oversight to regulators with audit trails and rapid reporting.

• Strengthen board-level decision-making with timely, accurate information.

Agility

• Engage more staff by making ERM simple, intuitive, and role-specific.

• Adapt quickly to new regulations, organisational changes, or emerging risks.

• Configure workflows, reports, and dashboards with self-service tools as your framework matures.

A Strategic Step Forward

Investing in an ERM solution is a big step, but it’s also a strategic one. With Symbiant, you don’t just comply with regulations; you build a resilient, efficient, and agile organisation capable of thriving in today’s uncertain environment.

ERM is interconnected, and so is the journey of embedding it successfully. Symbiant helps you bring your people, processes, and technology together to create a single, enterprise-wide risk ecosystem that delivers clarity, accountability, and confidence.

Key ways Symbiant AI supports ERM

• Predictive risk modeling: The AI analyses system-wide data patterns to predict emerging risks and identify overlooked threats before they escalate into major problems.
• Root cause and consequence analysis: It helps pinpoint why risks or incidents occur and maps out the potential ripple or “domino” effects of control failures across the organisation.
• Logical, data-driven scoring: It goes beyond subjective judgment by applying logic-based risk scoring and automatically recalculating residual risk in real-time as controls change.

• Discover emerging threats: Symbiant AI scans data to uncover new potential risks from audit findings, ensuring emerging threats are identified and addressed.
• Intelligent data linking: It automatically connects risks, controls, objectives, and incidents across different modules. This turns disconnected data into a holistic view of your risk landscape.
• Identification of gaps and vulnerabilities: By analysing risk and control data, the AI can identify hidden vulnerabilities and assess the effectiveness of your current controls.
• Tailored recommendations: It suggests tailored risk mitigation strategies and drafts new or improved controls aligned with your business objectives.

• Automated content generation: The AI can generate new risks, controls, and mitigation strategies based on your organisational data, giving your team a head start and saving time.
• Data cleanup: It can detects duplicate risk entries and rewrites vague descriptions, creating a clearer and more accurate risk register.
• Automated reporting: The AI assists in creating precise reports by suggesting key details, opportunities, and potential impacts for a comprehensive risk analysis.