ERM Platform

Gain total control and insight for your enterprise

An enterprise risk management platform to Integrate your ERM strategy with your current management processes.

• Establish an action plan to accept, transfer, treat, or eliminate the identified risks
• Allow the risks and controls to be identified and assessed
• Monitor and report on the risk landscape (including KRIs) and progress on actions
• Embed risk management and drive best practices
• Automate your workflows and support dynamic aggregation and consolidation
• Support control tests and reviews as part of your compliance activities

Help your ERM framework become more than just a compliance exercise

With a successful ERM platform, key stakeholders can better understand critical risks and the potential impact of those risks on financial performance and operational health.

Promote a culture of risk-based decision-making with advanced reporting and analytics. By analyzing top and emerging risks, you're better positioned to focus on actions that improve your organization's risk landscape.

Let ERM and insurance work together

Now your ERM and insurance activities can work together in the same enterprise risk management platform. Distinct activities can be managed together or separately, as appropriate:

• Integrate incident and loss reporting, including corrective measure tracking and root cause analysis
• Share common operational information, including company hierarchy
• Discover hidden insights to make data-driven decisions that mitigate risk and impact Total Cost of Risk
• Link risk transfer controls with the actual insurance policies

Transform the way you assess your risks

Classic risk assessments can fall short in pinpointing key emerging risks. With Ventiv's ERM platform, now you can amend the out-of-the-box scoring system to meet your needs and convey your results effectively to executives.

• Incorporate risk velocity
• Look at pure minimum and maximum impact ranges
• Utilize a completely different methodology