What's new in Risk Shield® Version 4.2
Risk Register Centric Approach
This release saw Risk Shield take on a whole new approach to Risk Management. After
years of discussions with senior risk managers across the world we have implemented
a new methodology for Risk Management. Risk Shield now pro-actively encourages user
to populate the Risk Register by feeding from all other modules (Adv Risk Analysis,
Work Plan, Hazard Register and Incident Management). This new approach will ease
the way you record and manage your organisational risks.
Hazard Register Module
Risk Shield now helps your organisation manage its hazards and associated risks.
Incident Management Authority Reports
Need to notify authorities of Incidents? Risk Shield now automates this process
by generating any type of form straight from Risk Shield.
Work Flow
Risk Shield now supports totally flexible work flows in the Risk Register and Incident
Management module. Managers will now be able to accept or reject any changes to
risks or incidents.
Action Escalation
Managers are now notified of all actions that have not been actioned by their due
date.
More Flexible Notifications
A fully flexible notification mechanism was added. Managers can now choose to be
notified when any scenario is met. Email information is now much more informative,
this allows managers to get a better view of the system without even having to log
in.
Enhanced Interface Design
A complete interface change to enhance user experience. Faster, better and easier
to use. That was the motto behind this release of Risk Shield. This helped enhance
such functionalities as the Spell Check, Copy/Move, Date/Time handling, etc.
Monte Carlo Weighted Report
Monte Carlo simulation now supports weighted company structures to give a more accurate
representation of your Risk Profile.
Active Directory Authentication
Licensed Risk Shield's can now be fully integrated to your Active Directory server
facilitating the management of users in large corporations.
Excel Data Import
Risk Shield now supports CSV file import allowing users to turn their old Excel
registers into state of the art Risk Management practices using Risk Shield.
Enhanced Recurring Action Management
Risk Shield now supports actions independent of a risk or incident allowing for
more flexible action management. Also, recurring actions are now handled independently
allowing total customisation of a recurrence.
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