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Product Overview |
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| Optial provides
the infrastructure for creating and implementing
the broad range of control, risk management and
compliance processes that are crucial to the success
of contemporary organizations. |
Optial offers comprehensive Enterprise
Risk Management software for automating, completing,
reviewing, reporting, and acting on any type of
business process including self assessments, compliance
audits and risk management methodologies.
Using scalable Internet technology, a flexible
framework and a range of deployment options from
onsite installations through to secure hosted systems,
Optial enables firms implement accountable, continuous
and effective risk management procedures across
single or multiple organizations on a global scale. |
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| SmartStart for Operational Risk |
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The SmartStart for OpRisk approach to implementation offers clients a pre-defined operational risk framework delivered as part of the Optial operational risk software platform. By using this standardised pre-configured solution, firms are able to take advantage of industry best practice, as well as having a system live and running in a matter of a few weeks. Find out more about SmartStart for Operational Risk. |
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| Corporate System |
Optial's corporate system provides
a comprehensive set of features for managing
business processes across organizations using
a single, coherent system. Corporate implementations
allow users to:
- Create, complete and manage assessments
and processes online
- Import existing checklist and process-based
content
- Replicate corporate organizational structures
within the application
- Identify and manage issues
- Create and track action plans
- Allocate and manage responsibilities
- Implement automated follow-up procedures
providing forced escalation
- Manage risks using flexible rating methodologies,
compliant with national standards
- Report using sophisticated, custom queries
- Customize terminology and system parameters
- Risk Management Self Assessment
- Workflow Engine
- Loss database
- KRI definition
Additional reporting and analysis is available in the integrated Optial Business Intelligence (OBI) module. |
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| Multi-Client
System |
Optial also provides a multi-client
system. It is ideally suited to insurers, consultants,
lawyers and regulators. It allows you to monitor
and control operational risk across a network
of client organizations. A multi-client system
includes:
- ability for multiple clients to use the same
system securely
- sharing of standard content across all clients
whilst hiding response data
- simplified intuitive interface allowing users
to start work with minimal training
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