New products and services

Riskonnect has announced enhancements to its platform, with new features to help organizations build business continuity and operational resilience.

The enhancements come out of Riskonnect’s acquisition of Castellan Solutions. The acquisition furthers Riskonnect’s integrated risk management vision of bringing all aspects of Risk Under One Roof by seamlessly incorporating Castellan’s business continuity and operational resilience capabilities into its platform.

Riskonnect’s July product release introduces Organization Strategies, which enables resilience leaders to create and manage strategies in a central library and drive consistent response and recovery approaches across the organization. Strategies are automatically pulled from the business impact analysis (BIA) into associated plans where tasks are added to make the strategies actionable.

Riskonnect’s business continuity and operational resilience capabilities also include new features to help organizations quickly identify and address potential gaps in their ability to tolerate disruptions. The new Impact Tolerance Gap dashboard provides an interactive report. Users can easily view important business services by committed, proven, and lowest impact tolerance to identify gaps in alignment with regulatory requirements.

Other features of Riskonnect’s latest release include:

  • Advanced approval workflows for the Operational Resilience module
  • Full report customization within enterprise account dashboards
  • Various enhancements to the mobile application.

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Business continuity?

Business continuity can be defined as 'the processes, procedures, decisions and activities to ensure that an organization can continue to function through an operational interruption'. Read more about the basics of business continuity here.

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