News

AIRMIC, ALARM, BCI and IRM members saw a demonstration of the key features that make RiskTrack such a flexible tool for managing your Risk Management programme. The theme was “Making Risk Management a Dynamic Tool with RiskTrack.

As part of the ongoing development of RiskTrack further features have been added to strengthen the ability to match insurable risks to the client insurance portfolio. By enabling gaps to be identified as well as highlighting where over insurance may be occurring insurances can be better matched to the real risks being faced.

Audit improvements include the ability to define and monitor key audit checks against individual risks, as well as enabling both effectiveness and adequacy of controls to be assessed, strengthening the tracking of internal control performance.

As part of its ongoing development, and in response to the needs of SME’s and other similar organisations, RiskTrack is now available in an Enterprise Edition. This enables clients to select only those aspects of the system that best suit the scope of their risk management programme. The system can be upgraded at later stages all the way to the full Business Edition capability