Risk Management Insights In Australia | Protecht | ERM

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Enterprise Risk Management, ERM, Risk in Motion

Enterprise Risk Management - Connecting the Dots. RiskInMotion

Connecting the dots (in this case, the risks). It has been a bit of a journey over the last 15 years. At Protecht, we started with the vision of a SaaS enterprise risk management solution that allowed connection of risk to the core components of what was back then, considered an ERM framework. This meant that our central library of risks was not only used in the risk and control assessments but also linked to key risk indicators, attestations and incidents. This enabled our client base to get a more fluid picture of risk and was the genesis of the RiskInMotion™ concept. What was missing back then was the business intelligence engine to bring it all together.

By David Bergmark, Chief Executive Officer | 2 minute read

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ERM, Risk Manager, KRIs

Importance of 'Challenge' in Risk Management

In my earlier blog “What we can all learn from the APRA prudential inquiry report into the CBA” I noted that one of the strong themes of the report ... Read more

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ERM, Risk Manager, KRIs

What we can all learn from the APRA prudential inquiry report into the CBA

Taking Risk Management to the next level The APRA report of the prudential inquiry in the Commonwealth Bank of Australia (CBA) was issued on 1 May ... Read more

Tractor

ERM, Risk and Reward, KRIs

Balancing the Voices of Reward and Risk

The financial services industry is under the microscope in Australia with the Royal Commission in full swing, and the recent APRA (Australian ... Read more

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Enterprise Risk Management, Risk Culture, ERM

How to promote Risk Culture in your team

In a recent discussion with a colleague on preparing for 'black swan' events, we concluded that regardless of the size, type and structure of an ... Read more

Bow Tie Analysis, Risk Management, ERM

Effective Risk Management Tool: Bow Tie Analysis

Protecht loves Bow Ties, both formal and informal! Bow Tie analysis has been around for longer than you might think. While some industries including ... Read more

Compliance Management, Risk Culture, ERM

Reputation Damage - Risk Event or Risk Impact?

Looking back over the last 12 months, corporate scandals continue with the finance industry seemingly always managing to make the headlines. Wells ... Read more

Enterprise Risk Management, Risk Culture, ERM

Changing the Risk Conversation

Three Key Questions Have you ever tried having a conversation with a risk practitioner about risk management concepts without using the word ‘risk’? ... Read more

Risk Culture, Risk Audit, ERM

The Risk of Gifts and Entertainment

As we approach the end of the calendar year, businesses grapple with the issue of giving and receiving gifts and entertainment to and from suppliers, ... Read more