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Organizations today cannot eliminate risk completely. Rather, they need to be proactive in assessing and managing risk to their own advantage. Managing risk requires adherence to frameworks and ...

Organizations today cannot eliminate risk completely. Rather, they need to be proactive in assessing and managing risk to their own advantage. Managing risk requires adherence to frameworks and regulations such as ISO31000 Standard, AS/NZS4360 Standard, King III Codes, Basel II, Solvency II, Sarbanes-Oxley, COSO, and COBIT. Cura’s ERM Solution uniquely meets these needs across all departments in organizations.

Some of the key challenges organizations face today when implementing ERM include applying a common risk language, linking ERM to strategy, reporting, accountability, buy-in, and accurate measurement. At Cura, we view risk not only as a negative but also as an opportunity for organizations. Managing risk can be done successfully if done with the right information system, culture, strategic and tactical processes.

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    Cura ds -_erm_letter_q1-10_300dpi_low_resolution_not_for_print Cura ds -_erm_letter_q1-10_300dpi_low_resolution_not_for_print Document Transcript

    • Cura for Enterprise Risk Management (ERM) Organizations today cannot eliminate risk completely. Rather, they need to be proactive in assessing and managing risk to their own advantage. Managing risk requires adherence to frameworks and regulations such as ISO31000 Standard, AS/NZS4360 Standard, King III Codes, Basel II, Solvency II, Sarbanes-Oxley, COSO, and COBIT. Cura’s ERM Solution uniquely meets these needs across all departments in organizations. Some of the key challenges organizations face today when Cura's Enterprise Risk Management (ERM) Solution implementing ERM include applying a common risk language, linking enables the organization to: ERM to strategy, reporting, accountability, buy-in, and accurate measurement. At Cura, we view risk not only as a negative but also as • Manage risk within one flexible, configurable solution. an opportunity for organizations. Managing risk can be done Cura is flexible and configurable to support your unique business successfully if done with the right information system, culture, requirements. It provides you with easy access to your strategic and tactical processes. information with the ability to configure the entire system to meet your needs. Cura allows you to manage bottom up analysis Cura ERM’s Five Tactical Themes. as well as top down approaches. Cura has translated the “Attributes of Excellence in Risk Management” • Deploy Easily and Quickly. summarized in the ISO31000 standard into five tactical themes used in our solutions. Each theme supports the underlying principles in Cura can be deployed in an on premise or hosted environment, effective risk management and is designed to encourage and sustain a with packaged templates for common Frameworks such as risk aware culture within the organization. ISO31000, COSO and AS/NZS4360. • Enforce Accountability. • Obtain Clarity Through Convergence. • Link risk management to decision making. Cura enables managers to improve insight and oversight of the risks and exposures of the business at a strategic level and • Embed and integrate risk management in business processes. operational level. Actions, trends and treatment strategies across • Communicate risk and risk treatment widely. multiple business disciplines and areas are identified, assessed, • Manage organizational and individual performance for ERM. treated and monitored. • Work in Virtual Autonomy. Each department can make use of Cura and track its data using both standardized and unique approaches. This allows staff to retain responsibility and independence in their business areas, while preserving the ‘bigger picture’. • Invest for the future. Cura ERM serves as the foundation for your organization to grow towards full GRC maturity. The Cura platform offers compliance management, surveys for RCSA, ethics and compliance, audit, loss events, quantitative risk modeling and scenario planning as well as other solutions. Cura ERM Dashboards The Smarter Software Solution for Governance, Risk and Compliance (GRC) www.curasoftware.com
    • Cura for Enterprise Risk Management (ERM) The Complete CURA ERM Solution: • ERM Advisory. Cura, through its advisory services and partners, ensures that the customer always obtains the best theory, practice, process, frameworks and maturity for their ERM programs. • Deployment. Cura's services team, led by business analysts will ensure that from scoping to final 'go live', the requisite skills, experience and handholding, coupled with the governance and project management are used. • Training. Cura provides comprehensive user guides and system manuals as well as on premise and off premise training which can be customized to customer requirements. Video tutorials are available online so users can refresh their knowledge of how to perform system functions. • Ongoing Support. Cura maintains both local and global support options for its customers. Support is further enhanced through regular health checks and quality assurance. Cura ERM Features Include: • Alignment with popular Frameworks. Cura ERM encompasses all the key recommendations an organization must adopt and manage in order to align themselves with framework requirements. • Comprehensive Data Model. Cura ERM covers all elements of risk management such as : Risk and Controls, Cause & Consequence, Treatment Plans, and Objectives each segmented and cross linked for complete profiling. • Fully Configurable by the Customer. The solution can be About Cura Software configured in terms of its fields, rating scales, naming conventions • Cura provides smarter software solutions designed to enable businesses and layout to support organization specific requirements. around the world to quickly achieve the bottom line benefits of governance, enterprise wide risk management and compliance (GRC), coupled with • Multiple Methodologies. Support for different risk management performance management. Cura does this through fast implementation, easier configurability and true enterprise architecture. approaches and processes as well as complex risk types/methods. • Established in 2001, Cura is used by over 250 customers such as Thiess, Anglo • Process Automation and Workflow. Automation of areas such as American plc, Westfield, Vodafone plc, Allianz, V/Line, Old Mutual plc, GlaxoSmithKline, Standard Bank, Virgin Blue, Eskom, as well as governments ERM activities, treatments, and control testing. Scheduled ERM and consulting firms world-wide. assessments are seamlessly set up and performed. • Cura has offices in Boston, London, Sydney, Melbourne, Hyderabad, Singapore, Cape Town and Johannesburg, with distributors in 10 countries. • Intuitive Web User Interface. Intuitive interfaces make navigation, Cura is a subsidiary of SoftPro Systems, traded on India’s NSE & BSE Stock searching and user experience efficient and effective. Exchanges. • Powerful Reporting and Dashboards. A comprehensive suite of For more information contact Cura today: graphical, text and analysis reports delivers real time risk management data as well as trending and snapshots. info@curasoftware.com or www.curasoftware.com © 2010 Cura Software Solutions. All Rights Reserved. The Smarter Software Solution for Governance, Risk and Compliance (GRC) www.curasoftware.com