Symbiant’s low cost award winning risk management software provides all the components required for a total ERM enterprise risk management solution. Ideal for ISO 9001 and ISO 31000 Compliance it provides all the tools you need for a total risk solution. Used by some of the world’s biggest companies and financial institutions, Symbiant Risk Suite has everything from identification to mitigation and gives you everything you need to fully manage the risk process. The Symbiant Risk Management Software is a one of the World’s leading risk solutions and the only risk solution to have been endorsed by the Institute of Chartered Accountants in England and Wales. It has cutting edge features and has always led the way in the risk management arena. Symbiant was the first solution to facilitate collaboration and provide tools for non risk specialists. The solution still has unique functionality which is leading the way in how companies should perform the risk management tasks.
The Symbiant Risk Management modules facilitates collaboration and extends risk management across the business. Designed to be used by non risk specialists it's Web Based and provided as a fully managed SaaS solution it is ready to use instantly on our secure cloud environment or if you prefer you can host it yourself on your own network.
Accurate risk scoring. By linking controls to residual scores we give you Dynamic residual scoring. Risks can also have different scores to reflect the different types of impact. Set Risk Appetite at multiple levels. Test controls and monitor performance or risk indicators.
Symbiant is way ahead of other providers. Our solution is developed on feedback by our clients, so it's the solution you want and can afford.
All the tools you need
Whilst Symbiant is intuitive and simple to use it has all the features you will need, when you need them. Incident reporting, workshops, control management and assessment, Risk Indicators and easily managed Risk Registers, with Symbiant you get everything you need to comply with ISO 31000 for risk management and Pillar 2.
Customise layouts and forms so the system provides what you need, when you need it. You can even convert it to another language.
Produce an array of professional Risk reports including registers and heat maps as well as details on risk actions and scoring history, in fact everything for stakeholders and the risk committee.
Residual risk scores are based on controls being in place, if these controls are not working your assumptions are wrong and so are your risk registers.
To overcome this we invented dynamic residual scoring, meaning you link your controls to the impact or likelihood reduction, test your controls via the systems Assessment questionnaires and if any controls fail your registers will dynamically adjust to reflect the new position.
What are your most valuable controls?
Linking controls to risks also allow you to see which are your most valuable controls and how much of a reduction they account.
The ability to manage and test controls is an important part of any risk management system.
Our easy to use assessment questionnaires allow you to schedule a set of questions that link to specific controls. If these controls are linked to risks they will also ensure your residual scoring is accurate.
To compliment the assessment tools you can use KRI (Key Risk Indicator) questionnaires. These allows you to collect performance or other data that may cause stress on certain risk or controls giving you early warnings to potential issues or breaches.
Simple to use wizards let you tailor your own email notifications and at what intervals or triggers they will be sent. Advanced features allow you to exclude types, divisions or users or send different emails based on matching criteria.
Reminders and Notifications ensure things get done.
Risk Registers, Risk Workshops, Control Failure Simulations, Incident Reporting, Risk Indicators, Control Universe, Control Self Assessments, Action Tracking
What our customers say
We are very impressed with Symbiant. Its simplicity and ease of use aligned with its flexibility and extensive reporting capabilities make it a very useful tool.
The Institute of Chartered Accountants in England and Wales
Having implemented Symbiant into our global business a year ago it has provided the complete solution we required to manage our risk and internal audit functions. It’s a powerful tool, very user friendly and supported by a great team. It’s a product I would certainly recommend!