1. Meycor COSO, a Comprehensive Solution for Enterprise Risk Management (ERM)

2. COSO I
COSO II

3. MEYCOR COSO AG - A Comprehensive Solution

4. Meycor COSO AG
Assessment
Module
Audit
Module

5. MEYCOR COSO AG
Meycor COSO AG includes several activities to be assigned to
the parties involved in the Risk Management process and a
methodology project to provide a step-by-step guide.

6. MEYCOR COSO AG Fully customizable to meet the
organization's needs and corporate culture.

7. The Organization Easily define the organizational
structure and its related processes,
managing web communications.

8. Using a fully customizable self-assessment you can get a quick diagnosis of how the current Risk Environment and Controls are perceived.
You can quickly identify the items that need to be addressed in order to focus resources.
Fully understand your organization's attitude towards risk and how the entity's personnel handles and reacts to risks.

9. You can define several Objectives for each
process, classifying and assigning them
importance ratings.
Strategic objectives can be traced to the
highest organizational level.
You can even define a different risk
threshold for each objective.
Enterprise Risk Management ensures that Senior Management has a process in place to establish objectives and that the objectives thus selected contribute to the entity's mission.

10. with the collaboration of all the areas involved.
Events are identified
with the collaboration
of all the areas involved.
Meycor COSO AG includes
a sample event database
for common processes.
Internal and external events that affect the entity's objectives
must be identified and classified as Risks or Opportunities.

11. likelihood of occurrence
You can estimate their
likelihood of occurrence
and consequences.
Risks are analyzed considering their likelihood and impact in order to determine how they should be managed.

12. It is also possible to perform a quantitative loss analysis by
identifying the value of the
affected assets.

13. An exposure index is set and compared against the
acceptable level set by
the organization.

14. Senior Management selects the possible answers (avoid, accept, minimize or share), developing actions to align the risks with the maximum acceptable risk and the entity's tolerance to risks.

15. several treatment options
You can simulate
several treatment options

16. It is also possible to review risks that
combined could seriously compromise
the achievement of the objectives.

17. You can specify mitigation control activities
for each risk and assess their effectiveness
(being even possible to audit them later on).
If the processes' activities are analyzed,
the control activities can be linked directly
to risks.
Policies and procedures are set and executed to ensure that the risk response is performed effectively.

18. Risk Maps and Reports are published
All relevant information is identified, captured and communicated timely and accurately in order to
enable the staff to take on full accountability. An effective communication needs feasible channels throughout the entity.
Risk Maps and Reports are published
in such way that each area must take
responsibility for their risks.

19. Each area is accountable
Banking
Credit
Cards
Mortgages
Current
Accounts
Each area is accountable
for their own risks
General Map
w/Controls

20. Using the web module you can access all the
documents and check whether they were
read, understood and agreed on.

21. You can generate reports in RTF, HTML and XLS formats
as well as several charts
including specific information.

22. The Audit team can access
the risk information
in a read-only format
in order to define
the Audit Projects.
Enterprise Risk Management is thus entirely monitored, being possible to make timely changes when appropriate. This monitoring can be easily performed either through Senior Management activities or independent assessments.

23. The Audit Module
allows you to
use Audit Guidelines
to perform the review
process and to
report findings.

24. With Meycor COSO AG you can define and manage Action Plans
to improve controls.

25. Meycor KP – Event Module
Record Loss Events
Meycor KP – Event Module
Legal
OS for Operational Risk Management
Registration
Generate the control documents necessary to report to Senior Management, to the Operational Risk Committee, and to any areas involved.
Transfers
Collection SR
Withdrawals
Measure/
Assess
Customer Service
KRI IT
Risk Unit
Meycor Delphos

26. Different areas
can report loss events
to identify possible
changes to the
risk assessment.

27. automatically from the
You can define KRI
(Key Risk Indicators)
that can be populated
automatically from the
Events Module.

28. For further information:
Request a free assessment of your organization's Risk Management Maturity Level to