Get to know the current view of risks measured according to a single methodology scale

Oversee risk management across the entire financial institution before DORA requirements come into force.

What can you face as
the head of the Compliance Department?

If you encounter any of the situations listed below in your work, you have come to the right place!

Information dispersion

Risk analysis is dispersed across different people and departments. This results in inconsistent data and a lack of a comprehensive, multidimensional picture of risk that must be presented to supervisory authorities.

Different approaches to risk assessment

The lack of a common risk assessment methodology means that different departments have separate priorities for risk mitigation.

Lack of up-to-date knowledge

There are so many changes in procedures and safeguards that without up-to-date knowledge it is difficult to effectively assess risk. Additionally, preparations for audits take a lot of time. There is never a moment when we are well-prepared for an audit in every field of risk management.

Inability to simulate the impact of policies on security

There is a lack of information on how a given policy will affect the entire institution, so creating a risk management structure in itself is burdened with the risk that the policy will not be implemented in practice.

Complicated processes

The complexity of risk management processes is so high and covers so many areas that you are unable to assess the security status without a tool.

Lack of time for regular team training

Training is an element of improving control. Selecting appropriate training for the team is time-consuming in itself.

Little time to implement DORA

The organization has little time to implement the complicated DORA regulation in the organization while simultaneously managing risk in the face of all the above challenges.

Want to know how the RED INTO GREEN system can help you?

Schedule a meeting with an advisor.

What does RED INTO GREEN offer
Compliance Departments?

  • Enforcement

    You can easily enforce solid risk management because you have all the knowledge about the risk assessment method and all the documents you need in one place. All ISO methodological justifications, analysis and document archives, and information about resources, safeguards, and processes that you control as a person responsible for compliance are in one place.

  • Communication of key risks

    You can easily present and communicate key risks and appropriate remedial actions to the board or other stakeholders because you have a clear, complete, always up-to-date view of risks, measured on a single scale. The data is visualized in the form of a color table, so you can see the occurrence of risks for each of the organization’s assets defined at the beginning.

  • Current security rating

    You can quickly assess your security status and simulate “what if” at every step of preparing for audits. Your decisions and further steps to improve security are made based on solid data. The tool has such features as automated analytical reports and action plans.

  • Data-driven security policy

    Creating a risk management structure is simple and fast, and above all, it is based on complete data. You can simulate the “what if” at every step of the organization’s security policy change. You can work on automated risk treatment plans that show multiple security dimensions, both for processes and assets.

  • Systemic risk management

    You are guided through systemic risk management in one place. The software guides you step by step to ultimately give you a full risk assessment of all company assets. In one place you have both a document archive, analysis, and risk treatment plans.

  • Quick creation of recommendations

    You receive support in creating recommendations and setting control priorities. The product generates automated risk treatment plans for selected areas in various scenarios.

  • Systematic training

    You have constant access to training in the field of justification, creation of procedures and operation of the tool, for each employee. Knowledge does not disappear with employee turnover, because once a month a new training is held for all users, and recordings of completed training are constantly available. Additionally, one license for the organization has an unlimited number of users with control over their permissions.

  • Support from our experts

    You receive regular support from a legal team experienced in cybersecurity and helping to improve risk management in large financial institutions such as banks on a daily basis. Thanks to the fact that substantive consultations are 2 hours a month and as a client you have access to technical video tutorials “how to”.