A risk management platform is software that helps companies systematically identify, assess and manage their risks.
A modern risk management platform should also be able to identify and take into account ESG-relevant risks. In this way, companies can better understand the impact of environmental, social and governance risks on their business and take adequate measures.
In addition, a risk management platform must be flexible enough to adapt to the company's specific requirements and processes. A simple user interface and intuitive operation are advantageous in this regard to enable users to quickly learn the ropes.
A risk management platform can thus help to increase transparency in risk management, strengthen the risk culture in the company and ultimately manage business risks effectively.