There is a well-established business adage, “you can not manage, what you can not measure”. Within the KRM22 Enterprise Risk Cockpit, Metrics are the primary item type for measurement.
Metrics are used to capture data from operational systems, external data sources and manually. As data comes into the Risk Cockpit, thresholds are applied to generate a normalised metric score and RAG or RAGAR status.
Metrics are directly and indirectly related to other high-level or ‘parent’ items within the KRM22 Enterprise Risk framework.
KRM22’s Global Risk Platform provides applications to help you address your firm’s regulatory, market, technology and operations risk challenges and to manage your entire enterprise risk profile. KRM22 is a public Group listed on AIM and headquartered in London.