Risk management system compact
An RMS ensures the effectiveness of risk management within the company and serves to control opportunities and risks. To this end, it defines a standardized procedure: risk strategy, identification, assessment, control and monitoring. Such a system is designed to ensure the reliable operation of the divisions, support their stable development and guarantee the fulfillment of obligations towards third parties (e.g. supervisory authorities).
Our opportunity and risk management system antares RiMIS® offers you extensive functions for governance, risk and compliance management. Benefit from ad hoc analyses, the integrated report booklet generator, the risk early warning system for the timely identification of risks and opportunities and the flexible expandability of our software solution, as well as many other features.
The importance of an effective risk management system
In view of dynamic developments and growing uncertainties in various industries, the topic of risk management is increasingly coming into focus. Companies are confronted with a variety of risks, ranging from market changes and regulatory requirements to cyber attacks. A systematic risk management system provides a basis for identifying and assessing risks and taking suitable measures to control and monitor them.
What is a risk management system?
A risk management system is a set of processes, tools and strategies that help a company to manage risks effectively. It includes risk identification, risk analysis, risk assessment, risk management and risk monitoring. Many companies are guided by international standards such as ISO 31000, which provides clear requirements and guidelines for effective risk management.
The basics of a risk management system
The foundations of a successful risk management system lie in a structured and continuous approach. This includes the definition of clear objectives, the establishment of suitable processes and integration into corporate management. Companies benefit from a risk management system by being able to identify risks at an early stage and respond better to opportunities .
Why risks should be addressed systematically
Risks that are not managed systematically can have a significant impact on the company's development. A risk management system makes it possible to prioritize risks and deploy resources in a targeted manner. This not only leads to better control, but also increases the company's resilience.
ISO 31000: The international standard in risk management
The ISO 31000 provides companies with a structured procedure for establishing an effective risk management system. The standard defines the requirements for risk identification, risk analysis, risk assessment and communication. By implementing and complying with this standard, companies can ensure that their risk management system is both effective and internationally recognized.
The role of risk identification in risk management
Risk identification is a central component of any risk management system. It forms the basis for all further steps, as effective management is not possible without a clear identification of risks. Both internal and external risks are considered.
The risk management process: from analysis to action
An effective risk management process consists of several phases. Each of these phases plays an important role in minimizing risks and making the most of opportunities.

Risk analysis and assessment: a structured approach
The analysis is used to assess the probability and potential impact of a risk. Based on this analysis, a risk assessment is carried out to decide which risks should be prioritized and which measures should be taken.
Risk control and risk management: strategies for companies
Risk control and risk management are crucial to managing risks effectively. Companies rely on a combination of preventive and reactive measures to minimize risks and achieve their goals.
Risk communication: transparency as a success factor
Open and clear communication is essential in order to involve all stakeholders in the company. It ensures a common understanding of the risks and supports cooperation in the implementation of measures.
Risk monitoring: a continuous process
Risk monitoring is an ongoing process that ensures that identified risks remain relevant and new risks are recognized in good time. A good risk management system provides the necessary tools and processes for this.
Requirements for a modern risk management system
Modern risk management systems must be flexible, scalable and user-friendly . They should support companies in reacting quickly to risks and changes while ensuring compliance with standards such as ISO 31000.
The introduction of a risk management system
The introduction of a risk management system is a strategic project that requires clear planning and implementation. It begins with the definition of objectives and ends with the establishment of the necessary processes and tools. This means that not only risk management, but also corporate management plays a central role.
Advantages of an integrated risk management system
An integrated risk management system offers numerous advantages: It increases transparency, improves decision-making and supports corporate development. By integrating it into existing processes, companies can manage risks more effectively.
Use antares RiMIS® for your risk management
With our antares RiMIS® software, companies can implement all of the above aspects of an effective risk management system. From analysis and risk assessment to control, the software offers comprehensive functions that are specially tailored to the requirements of modern companies. Arrange a non-binding demo appointment now and experience how antares RiMIS® can take your risk management to a new level.
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Identify risks at an early stage and counteract them effectively - with our GRC software solution antares RiMIS®. Further features and functions can be found in our product brochure.
FAQ: Frequently asked questions about the risk management system
Risk management refers to the entire process of identifying, analyzing and managing risks. A risk management system provides the necessary tools and structures to implement this process effectively.
ISO 31000 provides an internationally recognized framework that supports companies in establishing and implementing effective risk management.
Measures range from risk avoidance and risk minimization to risk transfer through insurance or partnerships.
The duration depends on the complexity of the company and the specific requirements and risks. In most cases, we can implement our risk management system within 3 - 4 weeks of being commissioned by our clients.
Corporate management is crucial, as it sets the strategic direction and provides the necessary resources.
With a powerful risk management system, as described under risk management software, companies can safely achieve their goals and successfully assert themselves on the market.