The number 1 in risk management

Time savings of up to 40 %
with BIC Enterprise Risk

Build a holistic risk management solution that lays the foundation for your successful governance, risk and compliance strategy – all within weeks and with minimal time and effort. With BIC Enterprise Risk you ensure maximum compatibility to leading enterprise risk management standards such as ISO31000 and IDW PS 340. Best of all, you can easily extend and configure the professional ERM software to grow with your changing needs.

Companies from all over the world trust us

Map your risk management processes using state-of-the-art technology

Experience an intuitive, user-friendly interface and a risk management tool that enhances your day-to-day work while significantly reducing the administrative tasks for all contributors in the risk management process. BIC Enterprise Risk makes it easy to digitalize your ERM processes for future-proof risk management. The dashboard in the risk management solution provides a clear view of all risk management tasks and measures for controlling risks. Users can filter and analyze data using interactive controls, assess risks based on qualitative or quantitative criteria, compare all types of risks (ESG, Compliance, IT+Cybersecurity, etc.) by automatically calculating the risk value, and perform risk simulations.

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Automated. Professional. Smart.

The next step for your risk management: BIC provides a fast, professional way to digitalize your risk management processes in an intuitive GRC software that raises your risk management to the next level.

Comprehensive overview of risks, measures, and tasks

  • Have a simple and dynamic overview of tasks, risks, measures, and responsibilities of all process participants on a central entry page
  • Filter, analyze, and compare data using interactive controls, and open as well as edit risks and measures directly in the ERM (Enterprise Risk Management) software
  • Benefit from an intuitive UI and empower less IT-savvy contributors to effortlessly find their way around the risk management tool
  • Increase your efficiency in risk management through task automation, easy import and export of Excel files, and rapid processing of bulk data

Qualitative and quantitative risk assessment

  • Evaluate individual risks either qualitatively via interactive heat maps, or quantitatively using simple, one-year, or complex multi-year simulations including period comparisons
  • Use simulation methods (e.g. Monte Carlo) including portfolio aggregation for a comprehensive overall risk analysis, and categorize risks according to frameworks such as COSO ERM
  • Compare risk before and after treatment to determine gross and net risk, while benefiting from target-actual comparison during net risk assessment
  • Get a quick overview of all relevant risks for your company and evaluate them flexibly to ensure compliance with relevant legal requirements and standards (IDW PS 340)

Find out more about risk simulation

Maximum efficiency in the ERM process

  • Increase the efficiency of your risk management processes with our workflow-based ERM software and simplify your daily work with automatic reminders and ready-made approval processes
  • Use the collaboration functions within the tool to exchange information about risks, measures, and other relevant topics directly with the ones responsible
  • Benefit from audit-proof archiving in BIC Enterprise Risk and use the stored data for dashboards, reports, and period comparisons of individual risks
  • Optimize your ERM processes and use the archiving function to prevent data loss and increase the error resistance of your risk management

Detailed analyses as a basis for strategic business decisions

  • Leverage the extensive reporting options of BIC Enterprise Risk to create management reports with a simple mouse click
  • Export the analysis of individual risks as a PDF file and receive comprehensive information about risks, effects, measures, associated organizational units, and risk catalogs
  • Determine your company's entire risk portfolio via Monte Carlo simulations at any time and use scenario analyses that always show the latest figures
  • Use the dynamic dashboard overview of the entire ERM process as a basis for strategic decisions and support Management or Controlling in determining optimal measures

We have reduced the controls for risk management in our company by a total of 85.25 % since our migration to BIC.

Sven WaldeckerRisk Management and ICS specialist, EnBW

The automated, intuitive tool for your professional risk management

BIC Enterprise Risk is the fast, affordable way to digitalize your risk management. The tool covers all legal requirements while generating added value for your company.

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Transparency
Individual, interactive dashboards ensure you always stay on top of things. Audit-proof archiving secures all data and enables on-demand access.
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Efficiency
The software automatically tracks all measures to save time and manual work in the risk management process.
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Flexibility
Risks can be evaluated qualitatively or quantitatively based on gross or net risks. Individual risks can be administrated in a variety of ways through batch processing.

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BIC Enterprise Risk:
The business side

The BIC Enterprise Risk solution for ERM (enterprise risk management) was developed based on popular standards for risk management including the COSO ERM framework, ISO 31000 or the IDW audit standard 340. The software incorporates vast hands-on experience from multiple implementation projects.

With our solution you identify major risks in your company and prioritize them using custom assessment methods. Take the right actions to keep risks under control and monitor the constant changes to your risk situation.

Software for beginners and professionals: Make full use of the potential in risk management

Professional risk management creates the foundation for your successful GRC strategy. Start with BIC Enterprise Risk and expand your digital governance, risk and compliance processes step by step with BIC - in risk management and all other GRC areas.

Expert information
Enterprise Risk Management

Risk management and how it can generate tangible value for companies.

Product information
Simulation in BIC GRC Solutions

Determine your risk aggregation using the simulation of the integrated Monte Carlo tool.

Expert information
Quantitative Risk Management

Maturity Level Assessment, quantitative Risk Management and Risk Assessments at a glance.

Expert information
Operational Risk Management

For banks and financial institutions in particular, operational risk management is a key risk management discipline.

Further resources on BIC Enterprise Risk

Do you have any questions?

Do you have any questions about our products or services?
Our experts will gladly assist you and look forward to your request.

grc@gbtec.com+43 1 3670876 -0Contact form

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