SAI360 Enterprise & Operational Risk Management is a cloud-based solution within the SAI360 platform that enables organizations to manage enterprise-wide and operational risks in a structured and integrated manner. It supports risk identification, assessment, control evaluation, incident linkage, reporting, and continuous monitoring. The solution centralizes risk data, aligns operational risk processes with enterprise risk oversight, and integrates with other governance, compliance, and audit modules.

Key Features

Enterprise Risk Framework Management Establish and maintain structured risk frameworks.

• Configurable risk taxonomies and hierarchies
• Definition of risk categories, owners, and tolerances

Risk Identification and Assessment Capture and evaluate risks across business units.

• Qualitative and quantitative assessment methods
• Inherent and residual risk scoring

Control Management and Testing Document and evaluate risk controls.

• Link risks to preventive and detective controls
• Track control effectiveness and testing results

Operational Risk and Incident Integration Connect operational events to risk oversight.

• Link incidents to associated risks and controls
• Monitor trends and recurring issues

Dashboards and Reporting Provide visibility into risk exposure and performance.

• Real-time dashboards and heat maps
• Board-level and management reporting outputs

Workflow and Accountability Assign and track ownership of risk activities.

• Role-based access and approvals
• Escalation and review workflows

Platform Integration Integrate with broader GRC processes.

• Alignment with compliance, audit, and policy modules
• Support for coordinated operational resilience initiatives

Benefits

Centralized Risk Oversight Provide a single view of enterprise and operational risks.

• Consolidated risk register
• Consistent methodology across departments

Improved Risk Transparency Enhance visibility into exposures and mitigation status.

• Clear documentation of risk ownership
• Structured reporting for leadership

Operational Efficiency Reduce fragmented and manual risk tracking processes.

• Automated workflows and notifications
• Standardized assessment templates

Stronger Governance and Accountability Clarify responsibilities for risk management.

• Defined risk owners and control owners
• Traceable review and approval history

Enhanced Resilience Support proactive identification and mitigation of risks.

• Early detection through structured assessments
• Integration with incident and continuity management