SOX/Operational Risk & Enterprise Risk Management Capabilities on a budget

Overview

CARD®map software is designed to help organizations meet risk and control governance responsibilities including Sarbanes-Oxley and the emerging Basel II operational risk requirements.

It is an easy-to-learn, easy-to-use Web-enabled software program that charts and monitors any facet of an organization's operation. It is a systematic approach that allows users to create an accurate and up-to-date survey of objectives, risks, controls, and residual risk status. It identifies problems, monitors process performance, assigns responsibility and prioritizes action items. Over time, an integrated database of loss history, risk exposures, controls, residual risk status, action plans and quality assurance work for an entire organization is built.

Highlights include:

 *Reporter fields that alert and allow senior management to monitor significant control and risk issues and problems.
 *Robust assessment scheduling capabilities and reminder calendars—particularly important for SOX 302 and 404.
 *Ability to assign accountability for risk/control assessments, action plans and quality assurance work for SOX 404 audits and regulatory reviews.
 *High impact, drill down graphs and custom reports.
 *Ability to attach working papers and other documents directly or via easy to use URL links.
 *Control and risk model flexibility – COSO 1992, COSO ERM 2004, CoCo, customized versions.

Vendor Site:- Paisley Consulting