Avanon OpRisk addresses and continues to be positioned to deliver on all operational risk management and measurement requirements set down by the Basel II framework, up to and including the Advanced Measurement Approach.

Avanon OpRisk is currently the most widely used solution of The Avanon System.

Gartner Research finds that more evolved institutions are now developing more integrated strategies that leverage and extend compliance-based capabilities to also include risk event capture and process management. They are shifting their risk management philosophies to include a broader context for managing control objectives with the highest risk exposures. Such combined capabilities are becoming increasingly available from ORM software vendor offerings targeted at the banking industry.