PYX4 Risk is a risk management and control software. It helps organizations identify, evaluate, and prioritize risks, characterize control systems, and engage teams in implementing action plans.
PYX4 Risk is a software module within the PYX4 suite designed for organizational risk management and control. It enables businesses to identify, characterize, and evaluate risks based on their potential impact and likelihood. The platform promotes a collaborative approach by allowing teams to be assigned roles and collectively engage in creating and executing action plans. Key features include customizable risk declaration forms, dashboards for monitoring risk treatment and trends, and the ability to compare evaluations over time to measure the effectiveness of mitigation strategies. The software is a cloud-based SaaS solution. While the company offers a 14-day free trial, detailed pricing information is not publicly available and requires contacting the sales team. Support is provided through training and workshops, and a user community is available for peer-to-peer best practice sharing.
Provides a clear view of risks that could weaken the organization and allows for characterization of existing control systems.
Utilizes a methodology to assess risks based on potential impact and likelihood, enabling prioritization of the most critical risks.
Engages teams in creating and implementing action plans to address identified risks, with tracking available through PYX4 Improver.
Facilitates risk declaration through fully customizable forms to encourage employee participation.
Allows users to monitor risk treatment, criticality, trends, and response strategies through tailored dashboards.
Define consistent evaluation criteria, impact types, and likelihood levels aligned with the organization's terminology.
Compare different risk evaluations over time to verify the effectiveness of implemented actions.
An automatic notification system keeps teams informed about the progress of ongoing actions.
Involves business experts who can collaborate directly via the interface for specific risk assessments.
Empowers teams by assigning specific roles within the risk management process.
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PYX4 Risk is a risk management and control software. It helps organizations identify, evaluate, and prioritize risks, characterize control systems, and engage teams in implementing action plans.
Does PYX4 Risk have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Contact
+33 (0)4 72 43 01 16Community Forums
https://pyx4.com/club-u-pyx4/Treety is a compliance software platform from Treety that helps fund managers manage ESG reporting.…
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