Overview

Avanon OpRisk

Avanon OpRisk delivers a solution on all operational risk management and measurement requirements set down by the Basel II framework, up to and including the Advanced Measurement Approach [...]

 

Avanon ERM

If firms are to implement an effective risk management infrastructure they need to conduct a systematic review of all risk processes, policies and systems across the entire organisation, from C-level to operations. [...]

 

Avanon GRC

The key elements of an effective GRC architecture integrates good corporate governance, risk management, compliance, ethics and internal control [...]

 

Avanon Internal Controls

There are a variety of definitions of internal controls systems, since they affect multiple constituencies of an organization in various ways and at different levels of aggregation. Avanon Internal Controls supports COSO, KonTraG, ICS etc. [...]

 

Avanon ITG

IT Governance is focused on IT systems, their performance and risk management. Basel II and SOX programs have recognized that IT projects can get out of control and significantly affect the overall performance of an organization [...]

 

Avanon Audit

The role of Audit is of long-standing relevance to most firms; the current challenges are to find the right balance between traditional audit activities and new initiatives to implement a risk-based approach [...]

 

Avanon Legal

In an unstable financial environment, firms are reporting a dramatic increase in litigation and criminal activity. Avanon Legal supports the capture and management of legal cases, estimates of potential damage, the actions linked to mitigate and global reporting to track status [...]

 

Avanon EHS

Avanon EHS provides a solution for identifying, measuring and monitoring environment, health and safety risk management, with dashboards, key hazard indicators and a single data repository [...]

 

 

"The use of ORM software by financial services firms still requires capabilities beyond generic audit, control and compliance applications. In addition to qualitative self assessment capabilities, leading institutions are seeking solutions that support quantitative, performance-based models."

 

Gartner Research, 2009