OXIAL Risk categorises all types of risk under various referentials in accordance with internal standards or external regulations such as Basel II, Solvency II, COBIT, etc. OXIAL Risk supports multiple risk management frameworks (COSO2, FERMA, AS / NZS 4360:2004, ISO-IEC Guide 73, ONR 49000, etc.) and covers all the necessary actions, data structures and reports needed to compile, define, categorise and assess operational risk appetite and exposure across the organisation. Customisable workflow processes are used to automate risk assessments, providing measures and comparisons of inherent and residual risk with proactive alerts when key thresholds are exceeded. OXIAL Risk meets the challenges of an evolving risk environment and includes pre-packaged industry standards and best practices to satisfy our customers’ requirements in banking, insurance, industry, local government, education, IT and other sectors.