Top-Down Risk Assessment

Archer Top-Down Risk Assessment enables you to document risks and controls throughout the organization. Risks can be assessed on an inherent and residual basis, both qualitatively and across multiple risk categories using monetary values. Controls can be linked to the risks they treat for consideration as a part of a residual risk assessment. Risks and controls can be assigned to named individuals and organizational structure to establish appropriate accountability and to provide relevant reporting.

For the key features and benefits of this use case, see the Data Sheet on the Archer Community: https://community.rsa.com/docs/DOC-40093

How Top-Down Risk Assessment fits into a risk and compliance Program

Archer Top-Down Risk Assessment is a use case in the Archer Enterprise & Operational Risk Management solution area. The following sections describe the use cases that Top-Down Risk Assessment requires as prerequisites, which use cases you can upgrade to as your program matures, and which use cases in other solution areas you can integrate for additional business context and functionality.

Prerequisite and Next Use Cases

The following table shows how this use case fits into the overall Enterprise & Operational Risk Management solution area.

Issues Management	Top-Down Risk Assessment	Operational Risk Management
Establish your business hierarchy Consolidate and coordinate findings and remediation plans Manage exceptions with appropriate risk sign-off acceptance	Identify, assess, and treat risks and risk scenarios Perform top-down assessments of inherent and residual risk Managed process of escalating issues to ensure proper sign-off/approval	Consolidated view into business processes, risks, controls, loss events, key indicators, and outstanding issues and their relationships Observe changes in calculated residual risk while rolling up risks by business unit and enterprise risk statement Consolidated issues management with the status of all open remediation plans and exceptions

Get started