Optial offers a comprehensive set of tools for automating, completing, reviewing, reporting and acting on any type of business process including self assessments, compliance audits and risk management methodologies.
The Optial system was developed as a flexible platform to support GRC and operational risk management and compliance methodologies within global corporations. This entails an enterprise level application designed to scale to large user numbers, with an inherent flexibility engineered into the system from inception and a simple user interface enabling unskilled users to become immediately productive.
Create, complete and manage risk assessements
Develop and maintain a Risk Register
Track Loss events in the Loss Database
Easily import any existing risk and controls content
Replicate organisational structures within the application
Identify and manage issues
Create and track action plans
Define roles and responsibilities
Implement automated follow-up procedures with forced escalation
Rate risks using flexible methodologies, compliant with national standards
Report using sophisticated queries
Customise terminology and system parameters.
Total Corporate Governance
Optial provides support for a range of GRC, regulatory compliance and Total Corporate Governance models:
Insurance Solvency II
Environmental Health & Safety
The are two implementation option for Optial: SmartStart and Fully configured.
Benefits of Optial
· Reduce the costs of managing compliance
· Increase the efficiency of conducting and reporting on audits and reviews
· Know what’s going on, right now, in any part of the organisation
· Identify areas requiring attention before disaster strikes
· Report to the board with complete confidence on global compliance status
· Protect employees, directors and shareholder value.
“These facets of Optial, particularly the user friendly, easy to use front end, strong workflow engine and highly configurable architecture, have ensured rapid user acceptance and enabled us to meet the diverse requirements for our operational risk methodology. We have also been very pleased with the risk self assessment facilities, the incident and loss event capture, action reporting and tracking together with the data export capabilities of Optial”
.Machteld Agneesens, Head Audit, ATOS Worldwide