Manage risks. Confidently.
Gain a holistic view of risk. Empower risk owners with the right insights. With Protecht, you can link and structure data for better risk and control self-assessment.
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Connect your real-time risks, controls and to KRIs, incidents, issues and more
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Standardise risk events, causes and controls with taxonomies
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Develop a single source of truth
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Enable truly enterprise-wide risk management
Better, faster decisions
Action-oriented insights through dashboards, reports and visual risk tools. Prioritise the right actions after risk and control self-assessment.
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Make data-driven decisions across the organisation
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Filter and combine real-time data from across the system by risk
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Identify vulnerabilities – critical risk ratings, worsening KRIs, ineffective controls
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Generate custom visualisations at the click of a button
Measure risk
Insights into performance over time let you continually measure and improve your risk management.
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Gain perspective with integrated data across the risk lifecycle
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Connect the dots on risks, controls testing, KRIs, actions, and incidents
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Get immediate overviews with risk health scores and trend data
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Drill down from enterprise level through to single business units
Engage all levels
Drive engagement from front line and risk owners to the executive and board. Lift your risk culture as every user builds their risk awareness and sense of ownership.
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Role-based user experience – from front-line to C-suite
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Present, workshop and analyse crucial risk insights with ease
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Create custom PDF, Excel and PPT reports
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Link data directly to teams and users
Continually improve & stay in control
Remove the burden of manual processing. Replace out-of-date, siloed documents with a system built for enterprise risk management.
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Hit the ground running with templated risk registers, dashboards and reports
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Integrate additional risk use cases as soon as you’re ready
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Design, build and implement with guidance from risk experts
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No-coding configuration so your system works for you
Risk management brochure.
Bring together all the tools to measure and monitor risk, gain strategic insights – and act.
Protecht ERM - your foundation for continuous improvements across all risk management
Structured data
A single source of truth for your entire team – no more guesswork or duplication.
- Consistent taxonomies for risk events, risk causes and controls in central libraries
- Linkage of central library data across the entire risk lifecycle
- Standardise data with registers for risks and controls management
- Dynamic linking of risk assessments, risk appetite statements and risk assessment scales
- Central control of all libraries, forms, and tags
Actionable insights
Real-time views of interconnected granular and holistic data, ensuring that everyone always knows the why, what, when and how.
- Top risks, risk ratings and risks lacking controls
- Key controls, control effectiveness, control responsibility
- Overdue tasks in risk and control assessment and actioning
- Risk in Motion: related incidents, controls assurance, KRIs, attestations, issues and actions aggregated by risk
User experience
Risk visualisation and reports
Powerful visualisations and reports make it easy to collaborate and communicate with all stakeholders from front line to senior management.
- Custom reports generated at the click of a button
- Risk bow tie tool for accurate root cause analyses
- Real-time profiles integrating risks with related incidents, controls assurance, KRIs and other key data
- Interactive and exportable to PDF, PPT and Excel
Pathway to sophistication
Preconfigured content - for a turnkey launch
Optimise your risk management at the click of a button. Set up and maintain your ERM system with Marketplace: preconfigured registers, dashboards and reports.
Popular register packages for use case / solution
Strategy and Objectives
Enables strategy teams, executives and board members to see progress of their organisational strategic priorities and associated milestones:
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Capture key strategic objectives
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Track and measure performance of them over their lifetime
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Provide insight into the health and status of any related risks or actions
Risk Management
The risk self-assessment process is a cornerstone of a strong enterprise risk management framework. Protecht’s Risk Management register and dashboard help you:
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Define your risks
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Periodically review and assess them to determine the level of risk (both inherent and residual)
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Report on these activities to management and the board
Controls Management and Assurance
Provides ongoing assurance to external stakeholders and/or the board that controls are effective. The register and dashboard help you:
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Determine key controls, linking controls to different records and attach relevant supporting documentation
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Separately assess design and operational effectiveness
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Escalate ineffective controls
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Identify issues and easily report on them
Risk Library
Consistently communicate about risk in your organisation with a risk event taxonomy and library.
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Establish an integrated picture of risks throughout the various components of your Protecht solution, linking through to reporting
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Standardised classification with tags for risk category and level
KRI Library
Help your organisation align and communicate about risk. This library of key risk indicators (ie, risk metrics):
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Provides staff with a standard set of metrics to use locally for monitoring risk
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Aligns with Protecht’s risk library to gain a connected view of metrics for each risk
Operational Controls Library
Implement a strong control framework with this taxonomy and library of operational controls that can be centrally managed. The Operational Controls Library helps organisations:
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Clearly communicate with consistent language for controls, avoiding unnecessary variation
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Identify control improvement opportunities
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Easily report, allowing aggregation of controls across the organisation, and
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Improve engagement with the business
Risk Management Profile Report
Move to truly integrated enterprise risk management with collated data to analyse and view risk at an enterprise level. This point-in-time report pulls together the key data linked to a single risk including:
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Risk ratings and controls
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KRIs/Metrics
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Issues and findings
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Incidents, attestations, and actions
Control Management Profile Report
Analyse and view a control in a truly integrated risk management solution.
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Point-in-time report on a single control that integrates data linked to that control
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Includes risks, issues, incidents, obligations and more
Actions Management
Gain visibility of risk and compliance management actions to ensure they are carried out by the right people and at the right time. The Actions Management register and dashboard help you:
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Create and supervise any type of action
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Assign owners and contributors
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Follow-up and escalate actions
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Identify overdue actions
Gifts, Benefits and Hospitality
Monitor and manage offers of gifts, benefits and hospitality to promote impartial decision-making and ethical behaviour. The pre-designed register and dashboard support:
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Logging of incoming and outgoing offers of gifts, benefits and hospitality for visibility
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Review and management of offers by business managers and centralised risk and compliance teams, and
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Risk reporting for executive or board review
Conflicts of Interest
Identify and action potential conflicts of interest from board to employee level. Ensure transparency and accountability with the Conflicts of Interest register and dashboard that enable:
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Logging and review of conflicts of interest across all staff
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Review of board and executive committee members
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Risk reporting for executive or board review
Feedback and Complaints
Manages feedback and complaints to achieve strategic goals, validate risks, and identify compliance and operational weaknesses:
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Establish a framework to identify and action feedback
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Manage both positive and negative feedback
Complaint Management
An alternative to 'Feedback and Complaints’ which enables more in-depth focus on complaints only. The register, dashboard and workflow rules help organisations:
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Identify and action complaints promptly
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Validate risks and highlight control weaknesses
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Identify compliance & operational weaknesses
Complaints Management RG271
Helps you meet consumer and regulator expectations with a register, dashboard and workflow rules that deliver visibility over complaints:
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Appropriate tracking, action and escalation
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Responses that adhere to policy and process within timeframes
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Reporting on complaints handling for senior management or board review.
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Generate an Internal Dispute Resolution CSV file to meet ASIC data reporting requirements
How WorldRemit manages risk across 130 countries.
Protecht has really helped us in streamlining the risk management processes. The fact that our users can go into the system, update their own key risk indicators, update their own risks, has been really powerful for us.
Tsam Jeffries
Director of Enterprise & Operational Risk, WorldRemit
Related industries
Find out how Protecht’s industry expertise can help your risk management teams meet their business requirements across our key industry verticals:
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Financial services
Manage risk and compliance with a platform configured to empower financial services providers.
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Insurance
Stay on top of regulatory requirements with real-time reporting that gives every user risk ownership.
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Fintech
Manage risk and compliance with a platform designed for rapid growth in a rapidly changing environment.
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Education
Manage risk with a platform configured to support staff, students and your business needs.
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Government
Manage risk and compliance with a platform configured to meet the needs of government entities.
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Industry
Manage your key risk needs – from compliance and vendor management through to health and safety.