For over 25 years, Active Risk has been 100% focused on Enterprise Risk Management. This isn’t a module, or side-project, or something we just jumped into. ERM is what we do. This laser focus on improving business performance for our customers enables us to develop leading-edge solutions like Active Risk Manager (ARM), the first web-based risk management solution.
Benefits of using Active Risk Manager (ARM) for Enterprise Risk Management include:
- Improved decision making with comprehensive data
ARM provides a true risk management system of record for the business.
- Users stay ahead of the risks with real-time data
ARM collects all risk data and makes it instantly available through executive dashboards, alerts and reports.
- Simplified risk management with our proven six-step approach
Active Risk reduces the complexity of risk management by using a six-step approach that drives value across the organization: Risk Identification, Risk Analysis, Risk Control, Risk Monitoring, Process Improvement, and Reporting.
Active Risk Manager Embeds a Risk Culture Throughout
To make enterprise risk management effective, organizations need a cost effective way to involve everyone across the business. ARM not only provides the solution for risk professionals but also involves every stakeholder in the risk process through simple, role-based access that makes adoption easy and fast.
Active Risk Manager Supports Your Business Processes
ARM supports your existing risk management processes and provides a platform to meet evolving needs. It while effectively aggregates data for improved decision making and proactive Enterprise Risk Management. Active Risk’s unique approach eliminates the limitations of spreadsheets, while maintaining a familiar, simple to use interface. ARM is easy to implement and to integrate into daily business practices.
Active Risk Manager Supports International Standards
ARM supports the broadest range of risk, governance, and compliance standards including: COSO (ERM & Controls), ISO 31000, PMBOK, HIPAA, FDA, CMI, COBIT, SOX, HSE, The Orange Book, EFQM, Basel II and Turnbull. In addition, ARM is in use today in process improvement models such as Six Sigma, LEAN, Critical Chain, TQM and many others.
Active Risk Manager Integrates Across Enterprise Platforms
ARM takes advantage of a range of industry-standard products, such as Microsoft SQL Server and Oracle databases, Microsoft Reporting Services, Report Builder and SharePoint. ARM also seamlessly interfaces with Microsoft Excel and a range of widely used project planning and requirements management packages, including Microsoft Project, Primavera and IBM DOORS.