Continuity Insurance & Risk Magazine - December 2009
Your guide to risk assessment software: product summaries
[...] MEGA Suite is the foundation for a complete set of integrated GRC solutions for risk managers, compliance managers, internal control and audit. It integrates global GRC across silos,based on common GRC process understanding. It provides complete risk modeling via risk event data entry, risk modeling, statistical CAR calculation, risk evaluation, integration with external databases and predefined risk models.The product delivers all four primary GRCM functions (audit, compliance,risk and policy management) and supports standard/basic to advanced measurement approaches to ORM and ERM. It also includes risk framework with Basel II events (as well as Sarbanes-Oxley) mapping, risk/control selfassessment;loss data collection and KRI capabilities; and a calculation engine for risk capital as well as quantitative analytics. [...]
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