Risk & Control Self-Assessment

Risk & Control Self-Assessment

The AxcelRadar’s Risk & Control Self-Assessment (RCSA) module is a core system that powers the Operational Risk function. The module enables organizations to effectively and efficiently manage the risk of loss resulting from inadequate or failed internal processes and systems. This can be specifically designed for Financial Institutions (Banks/ Insurers/ Asset managers) or tailored for Organization in other industries. With AxcelRadar RCSA module, organizations can create an automated process that includes risk & control assessments, including scheduling risk-based control testing to verify effectiveness over time. As a result, organizations are better prepared to accept, mitigate and avoid risk in their operations.

What the system can do for you

Some of the key functionalities of the AxcelRadar RCSA module is as follows:

  • Embed and integrate risk management in business processes and objectives.
  • Supports multiple risk management standards and approaches ensure consistency with best practices. Full flexibility to amend forms and system processes allow the system to be catered for your exact needs.
  • Structure risk and internal control reviews and testing via a risk-based approach.
  • Link risk management directly to decision making.
  • Strong statistical analysis approach ensures entire Organization is connected and aware of risk management status.
  • Active action tracking and notifications remind users and management when risk management tasks need to be performed or when issues occur.

Software

Our GRC Software Systems encompass the following areas:

Enterprise Risk Management

"Innovating enterprise-wide risk solutions to empower strategic decision-making and enhance organizational resilience."

Operational Risk Management

"Streamlining operational risk processes with innovative tools to mitigate threats and enhance business efficiency."

Business Continuity Management

"Driving business continuity through innovative strategies that ensure operational resilience and swift recovery."

Compliance Management

"Transforming compliance management with innovative solutions that ensure adherence to evolving regulatory landscapes."

Incident Management

"Innovating incident response with streamlined processes for faster, more effective resolution and risk mitigation."

E-Learning Management

"Empowering knowledge growth with innovative e-learning solutions designed for seamless corporate training and development."

Whistleblowing Outsourcing

"Enhancing transparency and trust with innovative whistleblowing platforms for secure, confidential reporting."

Any Queries?

For any inquiries or to learn more about how Axcelasia Group can support your business, feel free to reach out to us.
Call us at 03 2028 7450 or email us at hello@axcelasia.com. Our team is ready to assist you with all your Governance, Risk, and Compliance needs.

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