The Opture risk management software is a fully integrated enterprisewide risk management system. The software can be successively expanded modularly, from a simple application for beginners to the professional application for experienced risk managers and experts. In contrast to many other risk management software solutions, no third-party systems are used, not even when using a Monte Carlo simulator. All contents and activities of the risk management process are fully linked and integrated so that users can work without interruption in terms of content and technology.

The Opture risk management software is easy to implement and will be done by our experienced technicans in coordination and cooperation with your IT department. The Opture system is compatible with ALL standard databases, servers and operating systems. For our customers we also take over the hostoing of the software (-> with highest security standards, which we also offer and implement for financial institutions).

Opture risk management software is easy to administer by authorised users. The application has a role and client-enabled authorisation concept. The administrator can independently create new users and define individual access rights or roles for individual users. This enables the definition of both the authorised activities (e.g. reading, writing, calculating, reporting, etc.) and also the structures (e.g. business units, risk categories, risk owners, etc.) for which these activities are valid. Thus, in an extreme case, access (reading, writing, etc.) can be restrictively controlled individually up to the individual risk level for each risk owner. Furthermore, different views of the interfaces (e.g. to reduce the contents at the input mask) can be defined for the user.

The Opture software includes a sign-off procedure for the "approval" of risks and the assessments of these by supervisors or risk managers. In the context of this sign-off procedure, the respective supervisor assesses the risks identified and evaluated by his/her employees and, where applicable, approves these. This workflow ensures that the risk assessments have been accepted and approved across all hierarchy levels.

For auditing security, Opture includes a "logging" (-> audit trail) in which all processes and activities of the users within the software are stored and documented.

The Opture risk management software is independently configurable by the administrator and/or by users with appropriate authorisation rights. All individual structures of a company can be represented in the software with their affiliated /subsidiary companies and hierarchy levels. The user can independently modify (-> edit, rename, delete, move) all structures (-> organisation, processes, risk owners, risk categories) and create and/or add new structures. The user can therefore individually configure the Opture software according to his/her structural requirements.

The Opture risk management software includes a comprehensive, consistent and industry-specific risk catalog. This risk catalog, based on benchmark data, can be taken over by our customers risk manager, modified or replaced by the company's own risk catalog.

The Opture risk management software includes an sign-off procedure for the "approval" of risks and their assessments by superior employees. As part of this sign-off process, the respective supervisor employee assesses the risks that have been identified and evaluated by his employees and releases them if necessary. This workflow ensures that the risk assessments were accepted and cleared across all hierarchy levels.

To increase data quality, Opture risk management software can define so calles "risk profiler", beside the risk owners. The risk profilers are experts who provide additional risk assessments. Compared to conventional risk assessment methods, Opture's "Risk Profiling Concept" significantly improves the data quality of risk assessments.

The results from the risk analysis are used as an input for the risk steering. For an efficient risk steering it is important to define suitable steering measures for risk mitigation. Intelligence risk steering is characterized by proactive behavior. Risk steering takes place at three different levels, at the level of the (1.) holding or the entire enterprise, (2.) affiliated companies (e.g. subsidiaries), (3.) functional units (e.g. sales, production, etc.) and (4. ) risk categories (e.g. compliance, operations, etc.).

For an optimal risk steering it is neccessary to analyze wheather the already implemented or planned measures are efficient or not. Often it can be observed that the measure costs are the same as the risk values or the mitigation effects, which is obviously not efficient. Therefore it is neccessary to define the risk mitigation effects and mitigation costs and consider them within the calculations.

Efficient risk management takes place both at individual risk level and at consolidated level (-> diversification effects). Often, for a sustainable and value-orientated risk management, it is not sufficient or appropiate to specify and depict the top 10 risks in a risk map because both (1.) market risks (often with an average value of "0" lile exchange rates or raw material price volatilities -> normally distributed) such as (2.) correlated risk which occurr simultaneously (-> cause of the crisis in 2008/2009) are not considered.

The Opture risk management software enables the analysis and steering of individual and company-specific risk portfolios. Risk portfolios can be individually defined by the users, across all hierarchy and structure levels. For example, it may be relevant to calculate the risk exposure of the compliance risks of an American subsidiary and to derive and define specific steering and risk mitigation measures for this purpose.

In the Opture risk management software, the risk drivers for each risk can be specified and calculated. In addition, the sensitivities and risk exposures of the individual risk drivers can be calculated and appropriate steering measures can be derived.