Operational Risk Solution

The Sphera Operational Risk Solution™ provides visibility into your risk profile, prevents losses and increases shareholder value through continuous improvement. We support risk management best practices for compliance with regulations, standards and policies while promoting awareness and accountability enterprise-wide. Proactive and predictive, this solution drives operational excellence so you can achieve your business goals.

The Operational Risk Solution vastly increases your visibility into material risks, ensures the adequacy of controls and provides real-time reporting throughout the business helping inform the decision-making process. Sphera helps companies make better decisions about resource allocation and ultimately improve their business performance.

The Sphera Operational Risk Solution gives you the ability to manage all of these critical issues:.

• Operational and Quality Risk Assessment: Identifies, assesses, mitigates and monitors risks to enable proactive risk management and prevent potential business disruptions or other unwanted events.
• Corrective and Preventative Actions: Assigns, notifies, tracks and reports on corrective actions to ensure completion and avoid incidents.
• Risk Analytics: Applies leading metrics as key performance indicators to help maintain operational integrity.
• Management of Change: Streamlines management of change procedures and projects to improve safety levels, production quality, regulatory compliance and environmental performance.

Related Announcements

Petroleum Development Oman Selects IHS Operational Risk Solution.

Australian LNG Operator selects STATURE Risk Management Solution

Centennial Coal Expands Partnership & Risk Management Capabilities with IHS

Melbourne Water Turns to IHS to Improve its Risk Management Processes for Melbourne's Water Supply