This is a web enabled system to capture Operational risk events and perform an analysis on the same. This system is based on the Basel Committee recommendations on Operational Risk. A consolidated picture of operational risks on entities, controls for risk mitigation and risk assessment across the organisation is maintained in accordance with the Corporate governance.

The system helps the assessor in defining multi level business entity structure and to record risk for the entity structure, track issues and recommendations i.e. the action plans and review notes as they arise.

In all,  this system is a multi faceted Risk analysis and assessment system with features as dynamic reporting on the assessment, establishing business on entity structure (workflow) using Jviews. JRule  is used to fire Alert and Message based on the rules defined in the JRule