Identifying and assessing risk, constantly updating that assessment and taking prompt, appropriate mitigating action is an essential task for all commercial organizations.

Many organizations still use labor intensive processes involving manual input of information into spreadsheets and databases to monitor the many types of risk that affect their operations. While such processes are appropriate for a small to medium-sized enterprise, one with global reach that operates in highly disparate commercial and political environments could find these manual processes leave treacherous gaps in its risk assessment, to the point where it is operating in the dreaded area of ‘unknown unknowns’.

Dynamic, real time Operational Intelligence about a company’s exposure to risk that also incorporates risk management controls is an essential tool for leaders of large international organizations.

Flexeye design and deploy secure cloud-based Risk Intelligence systems that give an organization’s leaders and risk management team high quality risk and control information covering economic, geopolitical, technological, societal and environmental risk. Comprehensive Risk Intelligence allows a decision maker to balance risks in those different areas against each other, as well as evaluate the overall risk to the organization before taking action. It then monitors the risk threat on a continuous basis, ensuring that ‘knowns’ stay ‘known’.

Flexeye’s Risk Intelligence engine powers the Global Risk Register (www.globalriskregister.org an international Not For Profit organization) that helps risk professionals collaborate around emerging risks and controls.