INTEGRAL RISK MANAGEMENT
FOR EXTENSIVE RISK-SCENARIOS

The methodological integration of quantitative and qualitative risk systems into a scenario-based risk model makes possible the congruent and transparent standardization of risk representation for the decision maker.

This model enables the strategic representation of events and consequences for management viewed from a necessary risk / profit perspective.

The representation and monitoring (in the strict sense of an early warning system) of risk developments, the action options and decision latitudes connected with these make it possible to see risk management as a set of instruments of business management for the achievement of targets that objectively, and therefore provably, both with foresight and immediately ensure cost effectiveness, an increase in profits, lower capital procurement costs, better financing options and an increase in corporate value.

Active and more effective control, the mastering and supervision of the business management decisions and the enhancement of their quality are of decisive importance in this case. Integral risk management thus contributes to an increase in and to the long-term protection of corporate values. It fulfils and supports the requirements of the modern style of corporate governance.

The risk management software enrisma (enhanced risk management) offers appropriate software-based support of integral risk management with an early warning system and a prognostic scenario technique. A system that is open and based on SOA technology offers various integration possibilities in order to be able to determine the necessary risk information from existing IT infrastructures specifically and according to needs and to be able to process them in enrisma verarbeiten zu können.

 
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