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Risk taxonomies

Designing and deploying first rate risk and control taxonomies.

On-demand webinar

One of the common issues that comes out of running a risk management program is difficulty in producing an overall risk profile which can be presented to the board and management. This is often caused by disconnected risk data and can often be traced back to confusing and inconsistent taxonomies.

Watch the recording and learn how building and implementing strong risk and control taxonomies in your organisation can immensely help in aggregating information up to the highest level.

Presenters

David Tattam

Thought Leader, Protecht

David Bergmark

Director and Strategic Advisor, Protecht

Watch the recorded webinar

Key information and topics covered 

  • Why correct risk and control taxonomies are so important
  • Common mistakes seen in these libraries
  • How hierarchies can be set up within libraries
  • How risk and control taxonomies are brought to life in Protecht.ERM central libraries, such as:
       - Risk classifications
       - Control classifications
  • How to deal with new risks raised by the business in an ERM system
  • How maintenance reports enable a review of orphan risks

About the presenters

Thought Leader, Protecht

David Tattam is GRC Thought Leader and Co-Founder of Protecht. David's vision is to redefine the way the world thinks about risk and to develop risk management to its rightful place as being a key driver of value creation in each of Protecht's customers.

David is an Associate of the Institute of Chartered Accountants in Australia and New Zealand and a Senior Fellow of the Financial Services Institute of Australia.

Director and Strategic Advisor, Protecht

David Bergmark is Director and Strategic Advisor and Co-Founder of Protecht. David’s vision and passion is to use technology to drive best practice risk management and embed risk management within each one of Protecht’s clients.

David holds a degree in Finance and Accounting from UNSW. He is a Fellow of FINSIA and a Member of the Institute of Chartered Accountants Australia.