, the leading international operational risk advisory, risk content, risk information and risk tools firm, today announced the release of its SaaS-based, real-time Risk Appetite Service, the 21st subscription service which makes up the RiskBusiness
The Risk Appetite Service allows a firm to select a wide range of data inputs, define aggregation and weighting criteria for the consolidation of this data, then, using the concept of an exposure profile, to define multiple risk appetite thresholds and accompanying alert triggers per exposure point. On an ongoing data, as the input data changes or increases, the exposure points are continuously recalculated and as soon as a trigger condition is breached, the relevant executives and risk managers can be alerted by email, instant message or mobile phone message.
Additional information can also be found under Services/Risk Tools above.
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