CIOReview magazine 2016
Keith Mason – Internal Audit – The Institute of Chartered Accountants in England & Wales
Simon Elliott – Internal Audit & Risk – The Innovation Group Ltd
The Symbiant Risk Management module facilitates collaborate and extends risk management across the business. Web Based and provided as a fully managed SaaS solution it is ready to use instantly on our secure cloud environment. If you prefer you can host it yourself on your own intranet.
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.
Link risks to controls for dynamic residual scoring and run "what if" and other stress test scenarios then discuss your findings in workshops and collaborate on risk scores or treatment plans.
Produce professional Risk registers and heat maps as well as details on risk actions and scoring history,In fact everything for the risk committee.
Risk Workshops Create groups to collaborate and score risks.
Risk Registers compile, manage and report on the company’s risks.
Multi Currency Scoring As well as standard 5x5 type scoring you can create Monetary sets for different currencies.
Controls Self Assessment Asses the controls to makes sure they are working
Incident Reporting allows users can report incidents, hits and near misses or even issues such as customer complaints.
Link controls to risks and use dynamic residual impact and likelihood scoring to see the effects if those controls fail. Run Monte Carlo or create a bias to meet Pillar 2 Capital requirements for regulatory capital / capital adequacy.
Manage risk your way.
Dynamic Risk Scoring
Set a inherent risk score, connect your controls, assess your controls, if they fail your dynamic residual scores are automatically adjusted.
Manual Risk Scoring
Use workshops to decide on inherent and residual impact and likelihood scores.
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.
Configurable dashboards give you instant pictorial reporting on the information you need. You can click on the graphs to drill down.
You can also set a dashboard to appear when a user goes to a module so they are instantly aware of issues or how well they are performing.
Produce professional Risk reports with just a click of the mouse, including heat maps and risk maps, everything for the risk committee and stakeholders.
Saves time and moneyClick Here to go to Reports
All plans include a 30-day free trial
A seat is an active place on the license, a user who is active can login. We charge based on the number of active users on a module we do not restrict the number of concurrent logins, all active users can login at the same time. Users can be made active or inactive as required.
Our servers are maintained and managed 24/7 in a fully secure UK based 27001 certified data center. There are 192 cores with over 1TB of physical memory. Client data is encrypted and backed up off site so in the very unlikely event of a total loss disaster we can restore client sites within a few hours.
SaaS stands for Software as a Service, which effectively means we provide our software ready for you to use. It is installed on our Cloud (group of servers) where we manage it for you. Which means all the IT issues are taken care of by us. You access the software using a web browser over the internet. It is basically the same as accessing your online email accounts or social networking site.
Yes you can cancel at anytime. When you cancel no further payments will be taken and your service will stop after the 30 day notice period. You can also add users or further modules as and when required.
Yes you can install and host our software on your own servers. It will run on both Windows and Unix platforms and will work with many databases including SQLserver, MySQL, Oracle and PostgreSQL. If you choose this option you will need to buy an annual license.
If you need to read more information about our SaaS service including about the data center and security