Key Risk Indicators (KRI) is a critical Risk Management concept used for continuous risk monitoring. It is akin to a continuous Blood Pressure (BP) measurement for individuals, continuously highlighting any potential control gaps or risk occurrence within the Organisation. KRIs is a core component of having an effective ERM or ORM process.

How We Can Help

Whether you are a Financial Institution that needs to institute a continuous KRI Reporting process.

Our Areas of Expertise Include:

  • Develop industry specific KRIs for tracking of key risks across the Organisation.
  • Define KRI Target and Trigger points in line with Risk Appetite.
  • Automate extraction of KRIs from available data sources.

Q-RADAR ERM Software Implementation

Critical to the implementation is the automation of the Operational Risk Management through the Q-RADAR System software. Click here to find out how the Q-RADAR supports the ORM Process.

 

For further information or to find out how Tricor Roots Consulting can help to enhance your Enterprise Risk Management, please contact us.