Residual risk formula
From this release, the option to customize the residual risk calculation was made available. This customization will be allowed for the "Matrix" and "Quantitative matrix" evaluation methods. To customize the calculation, functions have been made available in the formula editor, which allow creating custom formulas for each axis of the matrix.
Formula editor for quantitative evaluation
The quantitative evaluation method, which is the most used for the self-assessment of controls, from this version, has a new screen for configuration and customization of the formula. In addition to the features already existing in the formula configuration, new functions were added to compose the evaluation result.
Simplified revision
In order to simplify the creation of plans, maintaining the consistency of information between plans and processes, projects or scorecards, from this version, it is possible to use the simplified revision. The simplified revision was made available in the plan type and by using this revision method, the plan does not go through the approval and approval steps. The user has access to edit and release the revision with just one click, simplifying the editing and maintaining the consistency and history of the data. The biggest impact of this feature is that with this, the system will no longer have the option of "without revision", which will be replaced automatically by the simplified revision.
Template revision and revalidation
From this version, the plan template can also go through the steps of revision and revalidation, in the same way as occurs for the risk and control plans. In other words, all revision and revalidation features that existed only for risk and control plans are now also available for the plan template.
New risk plan history (Timeline)
The plan timeline was adapted to the new standard, which provides a better view of the risk or control plan history. By including a new comment, from this release, it will be possible to notify a user by mentioning it through @user.
Plan template with process scope
In order to allow the creation of a standard for risk management in financial organizations, from this version, it is possible to choose the "Process" scope for plan template. With this improvement, it is possible to create a template for a process that is used in several business units in the organization.
Control analysis with different evaluation methods
The controls have very different characteristics and their effectiveness evaluation can change depending on the context where the control is executed. To meet the various self-assessment characteristics of the control, the system allows the evaluation method to be customized by control analysis, except that all controls in the same plan have the same evaluation criteria.
Creating and copying plans for other types
When copying a risk plan, the system only allowed this operation as long as it did not change the plan type, so it was not possible to copy a risk plan into another type. This feature was designed to allow changing the plan type by copying an existing risk and control plan.
Risk and control analysis deletion explanation
In the SoftExpert Risk parameters, it is possible to configure to enter an explanation when deleting the risk analysis or control analysis of the plan. The explanation can be viewed in the history of the plan.
Frequency for control
In this release, the frequency characteristic for the control was included, where it is possible to choose the frequency options per event, Daily, Weekly, Monthly, Quarterly, Biannual and Yearly.
Web Service for risk and control analysis and evaluation
With the aim of customizing the management of risks and controls according to the needs of your organization, web services have been made available for the record and risks and controls analysis, which use SoftExpert Workflow and SoftExpert Form as tools for management. Refer to the Integration Guide for more details on configuring web services.
