From Symmetry’s Risk management module, you can identify and manage its Category, Type, Possible Threat to it, Source of it, and Control notes to mitigate the Risk. In order to mitigate the risk or to reduce its level, organizations may have to perform one or a series of Actions. We allow you to associate Action(s) to a Risk(s). Hence, it becomes an easier process for the organization to keep track of everything from one single place.
The System automatically calculates the possible Risk-Levels. This calculation is based on the Severity and Likelihood parameters set in the system for a particular Activity. In addition, we allow Organizations to set various parameters of Severity and Likelihood from the Settings area of the module.
In conclusion, the system is developed to meet the diverse requirements of different organizations. It suits organizations dealing in different industries and operating in different countries.