RSA Archer Operational Risk Management

RSA Archer Operational Risk Management is a product for management of interrelations and dependences in business hierarchy and operational infrastructure of the enterprise, support of programs of strategic management, risk management and compliance to requirements of regulators.

On December 1, 2015 the RSA company announced release of the upgraded version of software of RSA Archer Operational Risk Management.

Managing Operational Risk with RSA Archer (2014)

Software helps:

• appoint and take measures for management of model of risk, preserving of changes, performance control for key indicators, ensuring certification taking into account risks.
• optimize, automate and execute transactions of ensuring compliance to standards of certification 27001-27002 International Organizations for Standardization (ISO).
• provide control the politician of confidentiality of the organization and creation of the reporting under them for compliance to the laws Health Insurance Portability and Accountability Act (HIPAA), Health Information Technology for Economic and Clinical Health (HITECH) and to the state laws on confidentiality.
• in control, monitoring of the actions necessary for preserving of actual data in the course of legal withdrawal, and management of them.
• optimize risk management by means of system approach to determination, assessment, elimination, risk control and decision makings on them.
• in process management of preparation, documentation and testing of behavior in the market.
• provide compliance of encouragement for employees to the politicians directed to prevention of the actions putting the organization risks, penalties or collectings.

The solution RSA Archer Operational Risk Management is developed as a uniform point of risk control in the context of activity of the companies. Business divisions can inventory and mark the enterprises, assets, products, services and processes which as much as possible influence a company performance, and use of the solution RSA Archer as complete infrastructure of risk management will help to identify, estimate, process and trace the existing and future operational risks. Enhanced capabilities of the organization of workflows RSA Archer GRC allow managers of business divisions and risk managers to modify quickly procedures of risk management, without having written any line of a program code. All this creates additional conditions for saving of time and money.

RSA Archer Operational Risk Management simplifies start of campaigns of risks assessment by managers, tracking of metrics and incidents and also creation of reports on risks based on thousands of ready templates, special analytics, summary panels and tools for creation of reports without preparation. All this helps business divisions and risk managers to create full understanding of the environment of risks and also to increase efficiency of determination, the potentiality of each risk is how big to have a business impact – from the positive and negative point of view – and it offers new prospects for heads. Due to pro-active building of communications between risk management and business objectives, the possibility of use of risks as new source of competitive advantages appears.