Risk Content Services

RiskBusiness offers industry leading integrated classification structures, embodied in a set of defined risk taxonomies. This content has been carefully formulated, in terms of both substance and granularity, to build intuitive support within the business community, thereby facilitating the successful adoption and support of risk programmes. The Risk Content Services also provide a common basis or language, enabling the integration of essential risk partnerships - in particular, among a firm's audit, risk, governance and compliance functions, to name an important few.

 

RiskBusiness Taxonomy Service

This Service comprises an online encyclopaedia of standard, risk-related classification structures that users may browse, customise, map to internal models, map to existing industry models (Basel II, etc.), or apply in building/enhancing integrated risk management programmes. Subscribers to the Taxonomy Service obtain the combined benefits of effective data classification, linkage to existing internal risk models, and linkage to industry standard models. Our classification element libraries include risk and control categories, causal types, process/business function types, product types, impact types, amongst others. More...

KRI Library

This Service comprises a library of specific operational risk indicators, cross-linked to risk categories and process types, as well as a number of control effectiveness and performance metrics. Produced with broad industry participation, this library provides guidance on where and how each indicator may be used in practice, as well as on the specific risk exposures that each indicator is intended to highlight. All indicators are mapped to business activities at industry, business-line and product levels. Subscribers may add additional, proprietary indicators for use alongside those defined in the library set. More...

Scenario Library

The Scenario Library contains an extensive set of sample scenarios, created from one or more scenario event types. Each scenario provides, in addition to the detailed description, causal factors which may drive the scenario, possible effects of the scenario, suitable control types and KRIs which could be employed to prevent, mitigate or monitor the scenario and illustrative public events demonstrating how the scenario has played out for other firms. Subscribers may select scenarios they wish to use, customise them as desired, and create their own scenarios or scenario events. More...

Regulations Library

This Service provides a library of local, national and international rules, laws and regulations and allows the subscribing firm to add both internal rules and regulations and additional public rules, laws and regulations, then to map these against their own organisation and business activities. More...

For additional information on RiskBusiness' Content Services, click here to make an online enquiry, or email us on info@riskbusiness.com.