Cloud-based application compatible with all of your devices (mobile, desktop, tablet) accessible at any time. You may also seamlessly connect it to your data cloud provider and embed it into your website.
Protection
Your data is not saved in the app, thus you retain full control over it. The people with whom you share the app can never access the source files, therefore your original data cannot be accidentally mishandled, deleted, or downloaded.
Data Integration
Simple charts and KPI dashboards. Forget about complicated spreadsheets, useless reports, and expensive development cost. Risk Hero intuitive application does not require the involvement of your IT department.
Risk Modeling Features
Use data and expert judgment to define uncertain factors
Over 90 built-in distribution functions to represent virtually any uncertain factor for accurate modeling
Easy and accurate definition of uncertain factors using Monte Carlo simulation
Create customized distributions with your own parameters
Combine two distributions into one, to streamline large models
Standard correlation available, along with copulas, which provide sophisticated methods for correlating uncertain risks variables that allow more control over the correlation pattern.
Simulations Features
Graphs and reports update live during simulation
Fully customizable presentation-quality graphs to see the impact of risks and communicate it to stakeholders
Identify the individual tasks that have the most impact on results, and the particular scenarios that lead to certain results
Stress analysis lets you control the range that is sampled from a distribution function, enabling you to see how different scenarios affect your bottom line without changing your model
All graphs and charts can be exported to Microsoft Office (Excel, Word, and PowerPoint) in native chart format
Risk Hero Approach
A simple, yet effective 4-Step process
Based on industry-accepted best practices and frameworks
1. RISK IDENTIFICATION
Comprehensive assessment of the threats and opportunities, both internal and external for the business.
2. SCENARIO SIMULATION
Data-led and SME combined scenarios organized by category: financial, strategical, and operational
