DATASHEET

Archer Risk Catalog®

Use Case for Enterprise & Operational Risk Management

The Challenge
Organizations today face a wide range of risks related to strategy, credit, corporate and regulatorycompliance, interest rates, liquidity, market prices, operations (errors, fraud and external events),and reputation, among others. While risks originate in different areas of an organization and areoften interrelated, it is difficult to get the holistic view of risk that is necessary for efficient andeffective risk management.
The problem is further compounded with the introduction of new products and services, mergers
and acquisitions, business process changes, and new and intensifying sources of fraud. In manyorganizations, risks are documented haphazardly in spreadsheets and documents, without any
consistent approach, methodology or rating scale. In addition, accountability for risk is tenuous
because risks are not assigned to named managers and business units. This undermines
accountability and increases the likelihood of a significant risk event.

Overview
Archer Risk Catalog allows you to record and track risks across your organization and establish®

accountability by named first and second line of defense managers. It provides a three-levelrollup of risk, from a granular level through enterprise risk statements. Inherent and residual
risk can be a ssessed utilizing a top-down, qualitative approach, with assessed values rollingup to intermediate and enterprise risk statements.

Features• Consistent approach to documenting risk,		 assigning ownership and assessing risks.

Benefits
With Archer Risk Catalog, you can:
• Maintain a consolidated list of risks.

• Oversight and management of all risks in		 a central location.

• Enforce a consistent approach to risk		assessments.

• Ability to understand granular risks that are		 driving enterprise risk statements.

• Prioritize risks to make informed decisions		 about risk treatment plans.

• Consolidated list of prioritized risk statements.

• Create accountability for risk ownership.

About Archer
Archer is a leading provider of integrated risk management (IRM) solutions that enable customers to improve strategic decision-making
and operational resilience with a modern technology platform that supports qualitative and quantitative analysis driven by both businessand IT impacts. As true pioneers in GRC software, Archer remains solely dedicated to helping customers manage risk and compliancedomains, from traditional operational risk to emerging issues such as ESG. With over 20 years in the risk management industry, theArcher customer base represents one of the largest pure risk management communities globally, with more than 1,200 customers
including more than 50% of the Fortune 500.
Visit www.ArcherIRM.com.

@ArcherIRM

Archer Integrated Risk Management©2023 Archer Technologies LLC. All rights reserved. Archer and the Archer logo are registered trademarks or trademarks of ArcherTechnologies LLC in the United States and other countries. All other trademarks are the property of their respective owners. Archerbelieves the information in this document is accurate. The information is subject to change without notice. 10/23 Data Sheet.