The Risk module provides GRC Suite users with most advance analytical tools in a single repository. Specific details of risks such as description, root cause, categories, owners, impacted process, likelihood, impact, score, etc. are stored and updated there.
Grace Connect Risk Management modules provide sound and efficient management of non-financial risks across the organization.
Grace Connect Risk Management modules are designed to identify, measure, mitigate, monitor, and report on qualitative measures of all non-financial risks that may arise in the organization from new projects, processes, or from forward looking risk assessments performed by business line managers. The Risk module also encompasses the possibility to perform Privacy Impact Assessments.