datasheet

Archer InsightArcher Insight provides a built-in quantitative risk assessment methodology for enterprise risk
management. Our quantitative assessment replaces the traditional heat map (or risk matrix)
with a series of simple questions. It is designed to be carried out by the same people who carryout qualitative assessments using the same information and workflows, although it also
provides scope for the consistent leverage of proprietary and industry loss data if desired.
Quantitative ERM is transformative because unlike traditional heatmap assessments,
quantitative assessments address clearly defined, measurable quantities of risk occurrence
and impact. Quantification removes subjectivity from risk assessment and allows like-for-likecomparison of risks across the enterprise and over different categories of risk.
Our simple quantitative model delivers on the goals of the enterprise risk management program,enabling objective prioritization of risks according to how much loss they incur (expected loss,value at risk, conditional value at risk). This delivers significant value through reduction of incurred
losses by ensuring that resources, time and attention are directed at the most important (andexpensive) risks.
Though simple, our quantitative assessment contains sufficient information to allow the losses
and impacts from risks to be calculated in aggregate and individually. Insight leverages theArcher platform to represent business and risk taxonomies within the enterprise, such asorganizational hierarchies, functional hierarchies, risk taxonomy, product and asset catalogs,
or any other structures identified in Archer. Risks are assigned to various entities or categories
within these structures, often in connection with the assignment of ownership to specificindividuals. Insight can then provide a like-for-like comparison between the total annual
losses across these entities and categories.
Quantification uniquely delivers the ability to defragment the highly fractured risk landscapethat results from 100s, perhaps thousands, of instances of risk. Quantification provides aclear, but multi-faceted view of how risk exposure is distributed across the enterprise. Thisdelivers substantial value by ensuring that resources, time, and attention are focused on theright risks in the right parts and levels of the enterprise.
One of the key goals of all Enterprise Risk Management is to establish a framework within
which controls may be monitored and audited. Archer Insight also supports quantitative risk
and control assessments, which tie directly to the Controls Procedure library established inArcher. The output of this workflow is an explicit calculation of the loss prevented by eachcontrol assessed in the control framework. Quantitative ERM not only works to help reduce
losses but also supports cost-benefit analysis, allowing a comparison between the costs ofcontrols and the loss savings they deliver.

Features• Built in GRC quantitative risk, does not require integrations or third-party contracts.

About Archer• Flexibility of Archer data model with prescriptive quantitative method.

Archer is a pioneer in risk

• Builds on familiar risk management practices and risk register.

management delivering• Designed for risk owners with point of departure in the same information and workflows.
• Calculates expected loss, median loss (p50), value at risk and conditional value at risk		 (conditional expected shortfall) for risks and aggregations.
• Near-instantaneous calculation time using proprietary analytical convolution method.
• Simple assessment of current risk exposure.
• Assessment of combined effects of current controls through assessment of inherent risk exposure.
• Full assessment of individual controls through risk and control Assessment.

solutions for the heroes
tasked with helping theirorganization deal withuncertainty. We enable
better decision making witha technology platform tomanage all types of risk.
With more than 20 yearsof experience, Archer issolely dedicated to helping

Benefits

organizations manage risk,• Reduce losses by prioritizing management of the most important and expensive risks.
• Remove the subjectivity from risk assessments.
• Enable cost-benefit analysis and control optimization.
• Enable aggregation at enterprise and entity levels for greater visibility, clearer prioritization		 of risk management resources and further reductions.
• Transform your risk management program from a cost center to a value center.

ensure compliance and meet
emerging challenges suchas ESG and operationalresilience. Working withthe largest pure risk
management community
globally with more than
1,200 customers of all sizes
and industries, we help ourcustomers not by building awall around their businessbut by building a bridge totheir next opportunity.
Visit www.ArcherIRM.com.

@ArcherIRM

Archer Integrated Risk Management©2024 Archer Technologies LLC. All rights reserved. Archer and the Archer logo are registered trademarks or trademarks of Archer
Technologies 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. 05/24 Data Sheet.