Risk lives in five different tools
Cyber risk in one platform, operational risk in spreadsheets, AML in another system, compliance in SharePoint. Different scales, no enterprise view, no aggregation.
RISK MANAGEMENT
ENTERPRISE RISK MANAGEMENT SOFTWARE FOR EVERY FRAMEWORK YOU OPERATE UNDER
One register for ICT, regulatory, operational, financial-crime / AML, strategic, conduct, fraud and ESG risk. Automated 5×5 scoring, visual heatmaps, controls cross-mapped across 15+ frameworks, and board-ready reports generated in seconds.
What is enterprise risk management? Enterprise risk management (ERM) is the systematic process of identifying, assessing, treating and monitoring risks across every domain that affects the organisation - ICT and cyber, regulatory and compliance, operational, financial crime / AML, strategic, conduct, fraud, third-party and ESG. Venvera unifies all of them in a single register with one scoring scale, one control library and one set of board reports - mapped to DORA, NIS2, ISO 27001, GDPR, SOC 2, NIST CSF, EU AI Act, AMLD, PCI DSS, HIPAA and the other frameworks you operate under.
15+ frameworks10 risk domainsOne register
THE PROBLEM
RISK MANAGEMENT SHOULDN’T LIVE IN SPREADSHEETS AND SILOED TOOLS
Scoring is manual and inconsistent
Likelihood and impact calculated by hand, with a different scale in every domain. Formula errors, no recalculation when assumptions change, no defensible methodology.
The board sees stale, fragmented data
Hours copying data into slides before every meeting. Heatmaps that are weeks out of date, no clear answer to "are we inside appetite?", no confidence the numbers are current.
RISK COVERAGE
ONE REGISTER FOR EVERY RISK DOMAIN THE BOARD CARES ABOUT
ICT and cyber risk is where most GRC platforms stop. Venvera covers the full risk universe an enterprise risk function actually owns - and lets you tag every risk to as many categories and frameworks as it needs.
Regulatory & Compliance Risk
Track obligations across DORA, NIS2, GDPR, MiFID II, PSD2, EMIR, AMLD, CSRD, EU AI Act. One control can satisfy many regulations - no duplicate work.
Reg change horizonObligation mappingBreach exposureReportable events
Operational Risk
Process failures, people risk, system failures and external events - aligned to Basel ORM categories. Loss event database, KRI thresholds, near-miss capture.
Process failuresInternal fraud / errorsOutsourcing failureExternal events
Financial Crime / AML Risk
Customer, product, geographic and channel risk factors aligned to AMLD6 and FATF. Score sanctions, PEP, transaction-monitoring effectiveness and KYC gaps in one register.
Sanctions exposurePEP / high-risk clientTM effectivenessGeographic risk
Strategic & Business Risk
Market shifts, M&A integration, competitive pressure, business-model risk and project execution. Tie strategic risks to KPIs and board decisions, not just IT controls.
M&A integrationMarket / pricingProject deliveryBusiness model
Conduct & Reputation Risk
Mis-selling, market abuse, customer harm, complaint trends, ESG misconduct and social-media exposure. Link conduct events to the underlying risks and controls.
Mis-sellingMarket abuseCustomer outcomesReputational events
Fraud Risk
Internal fraud, external fraud, application fraud and transaction fraud. Capture loss events, link to control failures, track recovery and feed back into scoring.
Internal fraudApplication fraudPayment fraudRecovery tracking
Cyber & ICT Risk
Threats, vulnerabilities, asset criticality and CIA-rated impact, mapped to DORA Article 6 and NIS2 Article 21 - the original core of the platform.
Threat / vulnerabilityAsset criticalityIncident exposureDORA / NIS2
Third-Party & Concentration Risk
Provider scoring across criticality, geography, concentration, contract health and data sensitivity. Sub-outsourcing visibility and exit-strategy tracking.
Vendor criticalityConcentrationSub-outsourcingExit strategy
ESG & Climate Risk
Physical and transition climate risk, biodiversity, social and governance risks aligned to CSRD and SFDR. Link to operational and strategic risks rather than living in a separate silo.
Physical climateTransition riskSocial / governanceCSRD reporting
Operational Resilience
Critical / important business functions, severe-but-plausible scenarios, impact tolerances and dependency mapping. Where DORA, the BoE / PRA SS1/21 model and ORM converge.
Important functionsImpact tolerancesScenario testingDependency map
CORE MODULE
CENTRALIZED ICT RISK REGISTER WITH AUTOMATED SCORING
Every ICT risk in one place. Title, threat source, vulnerability, likelihood and impact scoring on a 1 to 5 scale, automatic risk level classification. Track treatment decisions (Mitigate, Accept, Transfer, Avoid, Escalate), residual risk scores, and review dates. Assign ownership so nothing falls through the cracks.
- 9 risk categories (Operational, Cyber, Vendor, Data, Legal, Strategic, Compliance, Physical, Environmental)
- 5-stage lifecycle: Identified, Assessed, Treatment Planned, Treatment Implemented, Closed
- Automatic score calculation (likelihood x impact = inherent risk)
- Risk ownership assignment with overdue review alerts
- Full audit trail on every change
VISUALIZATION
5x5 RISK HEATMAP FOR VISUAL RISK ASSESSMENT
Visual likelihood and impact matrix with color-coded severity zones from green through amber to red. Instantly spot where risks concentrate in critical zones. Click any cell to drill into the underlying risks. Board-ready visualization you can export or present directly.
- Color-coded 5x5 matrix (Low, Medium, High, Very High, Critical)
- Interactive: click any cell to view risks at that intersection
- Filter by category, owner, framework, or treatment status
- Export as image or include in board report with one click
- Residual vs. inherent heatmap comparison view
ASSET MANAGEMENT
ICT ASSET INVENTORY WITH CIA TRIAD RATINGS
Complete IT inventory with Confidentiality, Integrity, and Availability ratings on a 1 to 5 scale. Set RTO and RPO targets per asset. Link every asset to its provider, supporting business functions, and the risks it faces. Build a dependency map that shows exactly what breaks when a system goes down.
- 7 asset types: Application, Infrastructure, Network, Data, Cloud, Endpoint, IoT
- CIA triad ratings (1 to 5) for each asset
- Dependency mapping between assets, providers, and functions
- End-of-life tracking with automated alerting
- Critical asset flagging with escalation workflows
CONTROL MAPPING
CROSS-FRAMEWORK CONTROL MAPPING FOR DORA, NIS2, AND ISO 27001
One control can satisfy DORA, NIS2, and ISO 27001 simultaneously. Track implementation status, effectiveness ratings, and supporting evidence for each control. Multi-framework control mapping eliminates duplicate work and gives you a single view of your security posture. Explore the full control library on the control crosswalk page.
- Cross-framework control library with 150+ pre-mapped controls
- Implementation status tracking: Not Started, In Progress, Implemented, Effective
- Effectiveness ratings with evidence attachment
- Gap analysis: which risks lack adequate controls
- Control ownership and review scheduling
THIRD-PARTY RISK
AUTOMATED THIRD-PARTY ICT RISK SCORING
Five-dimension risk model: Criticality (30%), Geographic Risk (20%), Concentration (20%), Contract Health (15%), Data Sensitivity (15%). Every provider scored automatically. Concentration risk analysis identifies single points of failure across your supply chain before regulators do. See full capabilities on the third-party risk management page.
- Sub-outsourcing chain tracking with n-th party visibility
- Exit strategy documentation and substitutability scoring
- Geographic concentration alerts (country and provider level)
- Contract health monitoring: expiry, SLA compliance, audit rights
- Automatic re-scoring when provider data changes
REPORTING
ONE-CLICK BOARD REPORTS FOR ICT RISK
Generate professional DOCX reports with risk heatmap, top 10 risks by severity, control coverage summary, and actionable recommendations. Export the full risk register to Excel with color-coded severity and multi-sheet breakdowns. Save hours before every board meeting. See all reporting capabilities on the board dashboard page.
- DOCX reports with embedded heatmap and charts
- Multi-sheet Excel export: risks, controls, treatments, assets
- Risk-to-control mapping sheet for auditor handoff
- Risk snapshot history for trend comparison
- Scheduled report generation and email delivery
TREND ANALYSIS
RISK SNAPSHOTS FOR TREND ANALYSIS AND AUDIT EVIDENCE
Capture a point-in-time snapshot of your entire risk posture with one click. Compare quarters side by side to show the board how risk is trending. Every snapshot freezes the heatmap, top risks, control status, and asset inventory so you have a complete audit trail of how your programme evolved.
- One-click snapshot of all risks, controls, and assets
- Side-by-side quarterly comparison with trend arrows
- Demonstrates ongoing risk monitoring for DORA Art. 6
- Named snapshots: "Pre-Incident", "Post-Remediation", "Q4 Review"
- Historical trend line showing risk count over time
GOVERNANCE
RISK APPETITE SETTINGS AND GOVERNANCE CONFIGURATION
Define your organisation's risk appetite with clear thresholds. Risks below the acceptance threshold need no action. Risks above the escalation threshold trigger board-level review. The visual zone bar makes it instantly clear where every risk sits relative to your tolerance, eliminating ambiguity and missed escalations.
- Three zones: Accept (green), Treat (amber), Escalate (red)
- Configurable acceptance and escalation score thresholds
- Conservative, Moderate, or Aggressive appetite presets
- CRO/Board approval tracking with audit trail
- Quarterly review reminders with overdue alerting
RISK MANAGER REALITY
WHAT RISK MANAGERS ACTUALLY NEED - AND WHY THE TOOLS THEY HAVE FAIL
The eight pain points we hear in every conversation with CROs, ORM heads, compliance leads and CISOs - and how Venvera was built around them.
Risk data lives in five different tools
Cyber risk in one platform, operational risk in spreadsheets, AML in another system, compliance in SharePoint. No enterprise view, no aggregation, no single number for the board.
Venvera: One register for every domain. Tag a risk to as many categories and frameworks as it needs. Aggregate to enterprise level on a single 1-25 scale.
Boards do not speak in CVSS or likelihood-impact
Technical teams describe risk in their own dialect. Boards want EUR impact, customer impact, regulatory consequence and a clear "are we inside appetite?" answer.
Venvera: Risk appetite zones (Accept / Treat / Escalate), top-10 risks by severity, residual-vs-inherent comparison, and a one-click DOCX with the narrative - not the raw scores.
Reg change is relentless
DORA, NIS2, CSRD, EU AI Act, AMLD6, PSD3 - new requirements every quarter. Mapping them to existing controls by hand is the work that never gets done.
Venvera: Cross-framework control library with 150+ pre-mapped controls. One control can satisfy DORA Art. 6, NIS2 Art. 21, ISO 27001, GDPR Art. 32 and AMLD simultaneously.
The register is updated once a year, then forgotten
Annual workshop produces a snapshot that is stale by month two. No connection to incidents, near-misses, KRIs or control test results.
Venvera: Quarterly review reminders, overdue alerts, snapshot history showing how the register actually evolves. Every change carries a user, timestamp and before/after.
The same control is documented five times
Access control mapped separately to DORA, NIS2, ISO 27001, GDPR and SOX - each in its own tab, audited five times, evidence collected five times.
Venvera: One control object, many framework mappings. Capture evidence once, satisfy every audit. Gap analysis surfaces risks lacking adequate controls in any framework.
Risk appetite is policy on paper, not operationalised
Appetite statements live in a board pack and never reach the people deciding which risks to accept. Escalations are missed because no one knows where the threshold is.
Venvera: Configurable acceptance and escalation thresholds. Visual zone bar shows where every risk sits. Anything above the escalation line triggers a board-level review automatically.
Concentration risk is invisible until it bites
A single cloud provider, a single payment processor, a single jurisdiction - when it fails, it takes down five business functions and nobody saw it coming.
Venvera: Geographic and provider concentration analysis with sub-outsourcing visibility. n-th party tracking and substitutability scoring before the regulator asks.
Demonstrating effectiveness to the regulator
Auditors and supervisors want to see the methodology, the evidence, the iteration - not just the current state. A spreadsheet cannot show how the programme matured.
Venvera: Full audit trail on every change. Risk snapshots freeze quarterly state for side-by-side comparison. Risk-to-control mapping report is generated for auditor handoff.
WHY SWITCH
HOW VENVERA COMPARES TO SPREADSHEET-BASED RISK MANAGEMENT
Capability
Spreadsheets
Venvera
Risk Domain Coverage
Separate tools or files per domain (IT, ops, AML, compliance)
One register for ICT, regulatory, operational, AML, conduct, fraud, ESG
Risk Scoring
Manual formulas, error-prone
Automated 5x5 matrix, instant recalculation
Heatmap
Static chart, manual rebuild each quarter
Interactive 5x5 heatmap, always current
Board Reports
Hours copying into slides
One-click DOCX with heatmap and top risks
Control Mapping
Separate tabs, no cross-referencing
150+ pre-mapped controls across DORA, NIS2, ISO 27001, GDPR, AMLD
Cross-Domain Aggregation
Each domain has its own scale, no enterprise view
Single 1-25 scale, enterprise heatmap rolls up every domain
Audit Trail
No version history, no accountability
Every change logged with user, timestamp, and before/after
Vendor Scoring
Manual assessment, outdated data
Automated 5-dimension scoring, auto-recalculation
MULTI-FRAMEWORK
ONE RISK REGISTER. 15+ FRAMEWORKS.
Tag risks to any framework you operate under - DORA, NIS2, ISO 27001, GDPR, SOC 2, NIST CSF, EU AI Act, AMLD, PCI DSS, HIPAA, CMMC, UAE IA and more. One risk, many regulatory mappings. No duplicates, no copy-paste, no reconciliation headaches. See the full cross-framework control mapping in action.
DORANIS2ISO 27001GDPRSOC 2NIST CSFEU AI ActAMLDPCI DSSHIPAACMMCUAE IA
25-point
Scoring scale (5x5 likelihood x impact)
9
ICT risk categories tracked
5
Treatment options (mitigate, accept, transfer, avoid, escalate)
1-click
Board report generation
M
“We went from a 300-row spreadsheet and monthly fire drills before board meetings to a live risk dashboard with one-click reports. The heatmap alone transformed how our board engages with ICT risk. What used to take two days now takes five minutes.”
Marcus R.
CISO, EU-Regulated Financial Institution
FAQ
FREQUENTLY ASKED QUESTIONS
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