Patent Document ID: 9811794
Application ID: 14211112
Patent Status: 1

Claim One:
1. A computer-implemented system for qualitative and quantitative modeling of risk management comprising: a processor; and a enterprise risk management (ERM) risk register module comprising computer-executable instructions stored in non-volatile memory, wherein said processor and said ERM risk register module are operably connected and provide a user interface to a user, wherein said user interface is a risk register that allows said user to organize and manage one or more risk elements; wherein said user interface allows said user to manage and designate authorized users and risk managers; wherein said processor and said ERM risk register module receive risk element input from said user, wherein said risk element input is comprised of said one or more risk elements entered by said user; wherein said processor and said ERM risk register module analyze said risk element input, wherein a risk analysis is performed on each of said one or more risk elements; wherein said processor and said ERM risk register module create risk analysis charts, wherein one or more graphs are generated based on said risk analysis of each of said one or more risk elements; wherein said processor and said ERM risk register module analyze risk level trends of said one or more risk elements, wherein in patterns of change in risk level for said one or more risk elements can be plotted over time; wherein said processor and said ERM risk register module forecast changes in said risk level of said one or more risk elements, wherein said risk level trends are evaluated to provide a predictive analysis of future risk level change of said one or more risk elements; wherein said processor and said ERM risk register module recommend one or more risk mitigation programs based on said risk level trends and said predictive analysis of future risk level change, wherein each of one or more risk mitigation programs are evaluated for effectiveness; wherein said one or more mitigation programs comprise one or more mitigation measures; and wherein said one or more mitigation measures each have a due date; and wherein said ERM module and said processor send an alert to said designated authorized users and risk managers when said risk level of said one or more risk elements exceeds a stipulated risk level limit based on the time remaining based on the due date to complete any risk mitigation measures.