Risk Assessments
Identifying your business and IT risks is the first step in any risk management effort. A crucial next step is to address the risk level, in order to find out which risks deserve attention, and which risks are less relevant. BWise Risk Assessments, an integrated component of the BWise Governance, Risk and Compliance (GRC) platform, allows you:
- To assess your risks, using configurable impact and likelihood scales (severity and frequency).
- Run inherent risk assessments, residual risk assessments or both
- Drive risk assessment workflows to ensure correct data gathering and management sign-off
- Run configurable reports with drill-down heatcharts and risk overviews

Start assessing immediately BWise Risks Assessment is an integrated component of the BWise GRC solution. It provides the ability to run risk assessments on all the risk & control structures you have built in BWise. BWise provides a method to simply add the Risk Assessment solution to your existing installation and immediately start assessing your risks, without additional configuration and installation.
Benefits With BWise Risk Assessment, you can reduce both your operating costs and risks.


