Risk professionals choose Ideagen for measurable improvements. From insurers achieving global visibility to councils enhancing accountability, our platform delivers proven ROI through reduced admin costs and faster decision-making.
Enterprise risk management solution for comprehensive ERM excellence
Risk data scattered across spreadsheets. Control effectiveness unknown. Reporting takes days.
Ideagen Risk Management is designed for risk and compliance teams that manage the business-wide strategy for financial, operational and strategic risk. Unlimited control coverage. No hidden costs. 50% faster reporting. Connect objectives, risks, controls and tests for ISO 31000 compliance and total visibility.
Overview
Comprehensive enterprise risk management
Risks don’t exist in isolation. The risk landscape is more interconnected than ever before. It can impact your business in ways you can’t foresee. Risk data can also reveal opportunities for growth and operational efficiency.
Ideagen Risk Management gives you control over the risks that affect your business and the people that depend on its services. See how risks converge across the company. Build a robust control environment. Ensure business continuity. Ideagen gives you the agility to be proactive when it comes to risk.
70%
less time chasing actions
50%
faster reporting
Solution
Smart automation for enterprise risk management
Spreadsheets and manual systems are not enough to manage compliance. By the time the data comes in, it might be too late. Ideagen Risk Management automates your risk management workflows and analysis. Built for simplicity, it halves the time you spend on data management and reporting. Spend 70% less time chasing actions and more time improving controls. Get full visibility of risk, maximum control coverage and joined-up risk reporting all in one place.
Complete control. Still using separate tools for audit and risk? Ideagen Internal Audit integrates seamlessly with Ideagen Risk Management—work smarter, together.
Challenge
Managing risk strategy, not systems
Managing systems of spreadsheets and legacy software wastes time. Data might be duplicated or lost. Humam error is natural.
Ideagen automates the routine tasks that don’t need your expertise. Data is collected, collated and fed into live dashboards. Actions are assigned and chased up automatically. Every risk project is tracked seamlessly. International Personal Finance achieved 50% faster data collection through these automated processes.
Challenge
Keeping track of the risk lifecycle
From identification through mitigation to closure, Ideagen maintains complete visibility. Automated workflows move risks through stages of its lifecycle. Instant alerts let you know if risks reach a certain score and you need to investigate. Cut time chasing actions by 70% with automatic prompts that drive accountability. Rugby Borough Council enhanced accountability through this systematic tracking.
Challenge
Building a robust control environment
Ideagen provides unlimited control coverage with continuous monitoring. Assess control effectiveness systematically across all entities. Set up risk matrices and heatmaps with ease – no consultants or special training required. Our superpower? When your internal audit team also uses Ideagen, all your risk and control management data is one place. Feedback from control testing drives ongoing improvement. Everyone talks about risk in the same way.
Challenge
Delivering timely and impactful risk reporting
Board meeting tomorrow? Generate executive summaries and compliance reports instantly. Real-time data means current insights at the click of a button. Transform technical risk data into business language that boards understand. Save 50% of time previously spent on report production.
See Ideagen Risk Management in action
Access your personalized demo below.
Request a demo today
Additional reading
International Personal Finance: Boosting risk management with real-time insights
International Personal Finance (IPF), with operations in 11 countries, needed a scalable risk management solution to keep pace with market changes and regulatory pressures. Ideagen Risk Management enabled better decision-making and mitigation, transforming their approach to risk and internal control.
Read more
Streamlining performance management
West Dunbartonshire Council implemented Ideagen Risk Management as their corporate performance management system. Read the case study to find out more.
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Admiral Group sails towards streamlined global risk management
Discover how the Admiral Group transformed their approach to risk and put power, insights and time back into the hands of their teams.
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Rugby Borough Council: Reducing risk and enhancing accountability
Rugby Borough Council, responsible for managing a diverse array of services and maintaining regulatory compliance, struggled with inconsistent risk management processes. Implementing Ideagen Risk Management brought about significant improvements in risk mitigation, reporting and accountability.
Read more
City of Orlando use Pentana Risk to manage performance
The City of Orlando, operating under a 'strong mayor' government, required an effective solution to manage performance across multiple departments. Turning to Ideagen, the city improved performance tracking, increased user engagement, and streamlined reporting processes.
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Leverage KPI management for effective risk management in your organization
Enhance business resilience with KPI-driven risk management strategies to proactively address potential threats and ensure sustainable growth.
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Operational risk management in financial institutions: 5 key risks you need to know about
Explore the top 5 operational risks in financial services for 2022 and discover strategies for effective risk management to mitigate these challenges.
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8 essential factors to consider for your sustainability audit
Conduct a sustainability audit: identify ESG risks, benchmark initiatives, and enhance reporting for a resilient, future-ready business strategy.
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What is a risk management strategy?
Read on for a more detailed definition where we break down the four common approaches to building a management strategy for risk and how to choose which one is suitable for your needs.
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What is risk management?
Risks can come from anywhere and organisations across all industries can face them. But exactly what is risk management? Find out more.
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