WORMS™
WEB-BASED OPERATIONAL RISK MANAGEMENT SYSTEM
WORMS™ is a comprehensive
web/intranet-based operational risk management system. It contains
all elements of total operational risk management covering:
risk and control self assessment
compliance
incident Recording
key risk indicators
action point tracking; and
comprehensive and flexible reporting.
Being web/intranet enabled,
it is quickly and easily deployable across your organization.
It can be deployed via the web or installed in-house. Our implementation
services cover training and pilot implementation, policy development,
through to a fully outsourced operational risk management function.
WORMS™ is your total Operational Risk and Compliance solution.
It is scalable form the smallest Corporate to the largest Bank
and comes pre-populated with many risks, controls and risk indicators
relevant for your business.
Being Basel II and AU/NZS 4360 compliant it allows Financial
Institutions to meet the requirements of Basel II and corporates
to meet best practice risk management standards, quickly and
easily.
