Risk Processor:
the professional risk register at low cost

Risk Processor is a professional risk register. With  Risk Processor risks can easily be managed and showed in a risk matrix. 
Click here for Frequently Asked Questions and how to order it.

Benefits of Risk Processor

• Supports ISO compliant processes (eg ISO 31000, 9001 and 14001)
• Provides specific input on requirements of ISO55000, NTA8120 and ISO224
• Open data using standard Excel format. Data can be edited after export in standard Excel application
• Integratable in a company wide solution (Enterprise Risk Management - ERM)
• Results of risk analysis from Bowtie Builder can be captured
• Risk matrix in Risk Processor can be used in PortfolioPlanner and AssetPlanner
• Defined as output in our process register and asset management reference manual
• Automated audit trail for added, deleted or changed data
• No annual licence costs

Functionalities

• 65,000 risks can be captured. Per risk detailed information can be stored such as description, mitigation measures, responsible, status, frequency and impact per business value, cost, revenue
• Automated calculation of net present value of mitigation measures
• Relation to an external file can be selected in which risk information is captured such as the management decision
• Several sort options per risk
• Risk Register contains 6 levels of severity and frequency. The severity and frequency for each level can be changed
• View of risk in risk matrix with automatic display of risks per risk level
• Automatic calculation of monetary equivalent (= financial) value of risk,  expected value per business value and monetary equivalent per business value
• Names of business values (10) can be changed
• Effect matrix with 6 levels. Levels can be changed
• Risk information can be added, deleted or changed
• Open data standard based on Excel format. Export function available
• Data lists (metadata) can be added (status, employee, cause, entity, reaction, impact and sort). Up to 150 items per list
• Automatic labeling and categorization of data lists after adding a new label
• Risk Matrix with 6 types of likelihood and 6 types of effect can be changed by user
• Automatic backup possibility
• Multilingualism. Selection of standard texts in English, German, Dutch and Frysian. Other languages can easily be added on request (please contact us) 
• User-specific labels with names can be changed
• Selection option to add comments when risk data is changed
• Dependent on agreement: the application works on the PC where the program is downloaded and the registration key is asked for. On another PC it does not work. Now also a version with a dongle available, so that with the dongle the application works on several PC's
• For some messages standard Windows messages are used. The language of your Windows version and language can infuence these messages (eg saving changes)
• If necessary we can integrate various risk processors in a company-wide Enterprise Risk Management (ERM) solution. Please contact us.

 Screen for viewing changes in risks (audit trail):

Risk Processor system requirements:

• Microsoft Excel (version 2000, 2003, 2007 or 2010; 32 bit)
• Operating system: Microsoft 2000, XP, Vista or Windows 7, 8, 10
• Disk space minimal 2 MB, data excluded
• Recommended minimum screen resolution 1280 x 768