OpenPages software

Risk & Control Self-Assessments

Regulatory requirements, ratings agencies, and industry groups are driving the need for more formal and useful risk and control self assessments within corporations, and management needs to have a better understanding of the risk it takes on in order to make optimal capital and business decisions.

The OpenPages platform delivers delivers best practice risk and control self-assessment (RCSA) capabilities out of the box, aimed at delivering business value to its customers. OpenPages enables its customers to configure processes and data according to the organization’s unique business structure and assessment objectives.

OpenPages Risk and Control Self-Assessments support:

• Qualitative and quantitative risk assessments
• Top-down and bottom-up assessments
• Capture of both inherent and residual risk assessments
• Capture of any required risk and control assessment data attribute
• Separate or combined control assessments and risk assessments
• Regulatory and compliance surveys and assessments
• Decision support in the form of dashboards and heat maps