Risk Hub

Dynamic risk management to enhance business performance

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KPMG Risk Hub brings organisations a world leading GRC system, managed and maintained by KPMG - bringing people, culture and technology together as an innovative Risk as a Service.

Evolving complexity in regulation, market dynamics, competitive forces and rapidly advancing technology are just some of the challenges forcing organisations to consider how to best improve governance, risk and compliance (GRC).

The impact of increasing risk and regulatory burden to organisational resources is not sustainable, unless technology is leveraged to deliver a cost effective risk management solution.

Risk Hub brings a holistic view of risks, integrating information and data across all levels of the business through an interactive, cloud based technology solution enabling real time risk management.

KPMG, in a global alliance with IBM, brings this complete managed risk service to the market at a price point equivalent to the cost of one risk professional.

With its integrated data and advanced analytics, Risk Hub helps leaders make insightful risk-based decisions to enhance business performance.

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Aligned and integrated governance, risk and compliance processes across your whole business

  • Greater ownership

    at the front line – helping your people make the right decisions
  • Greater risk oversight

    by executives and the board resulting from an integrated and complete view of risk
  • Best practice

    processes, templates, risk / control libraries and interactive dashboard reporting
  • Data quality

    for improved reporting and decision making
  • Specialist support

    partnering with you to achieve your business objectives
  • Cost effective

    as all for the cost of one risk professional - no capital cost, but monthly fee
  • Risk Hub

    Simple and intuitive to use. Implementation, administration and support provided.

    • Technology enablement
      IBM® OpenPages® & Australian hosted cloud solution.
      GRC system implementation and enablement.
    • Business support
      Holistic GRC system management.
      Help desk and business support.
    • Data Management
      Maintaining data quality and integrity.
      Bulk data services.
    • Reporting
      Standard report catalogue.
      Sophisticated self service reporting capability.
    • System management
      Regular software upgrades.
      Continuous improvement to functionality.
    • Training
      Standard eLearning modules.
      Custom Skype or face-to-face training.

    Innovative technology - IBM® OpenPages®

    Get in touch

    Interested in finding out more? We will call you to discuss Risk Hub.

    (Please specify any questions or Risk Hub services that you are particularly interested to know more about)

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    FAQs

    The timeline for implementation is approximately 8 to 12 weeks, depending on volume of data, number of users, and number of modules.

    Support from your team would be required initially to identify the data, data sources, and mapping of your risk management processes to the solution, and then following with testing and signoff.

    Risk Hub once implemented means you only need to use the solution to help you manage risk, with no need to spend time and effort on management of the solution. It is fully inclusive of the following

    Risk Hub brings a holistic view of risks, integrating information and data across all levels of the business through an interactive, cloud based technology solution enabling real time risk management. With its integrated data and advanced analytics, Risk Hub helps leaders make insightful risk-based decisions to enhance business performance.

    There is no Capital Expenditure (CAPEX) required for your organisation. This allows you the benefits of a fully capable GRC tool without the need to develop infrastructure, perform maintenance, or hire and maintain additional staff.

    Risk Hub is simple to use and navigate for the end user by way of a highly simplified task-focused user interface.

    We would really like to provide a cost estimate upfront however the cost is dependent on the size of your organisation and the number of users. Risk Hub is structured in a way that offers a flexible modular pricing system. We believe it offers the best value as a managed service to fit your risk needs.

    Yes, a client has access to all their data. It is for the client to decide who can see which data and access will be applied at the relevant location in the organisational structure accordingly.

    The technical solution and the managed service is operated in Australia, and the data is stored wholly within Australia.

    The system operates on secure infrastructure within KPMGs global cloud platform One Platform, hosted on Microsoft Azure. OpenPages application security determines what data a user can view, or read and update. All users of the technical solution must have an authorised user licence. The technical solution does not hold any personal data of users other than their user ID and password.