Cnet Group is certified Golden Solution Partner
of Avanon AG since 2007

Avanon OpRisk Suite

Avanon OpRisk Suite is one of the world's leading standard software applications for a wide variety of cross-industry risk management and measurement frameworks. The system is currently in use in 450 legal entities, with 15'000+ users in 30 countries

Highly ranked by industry opinion leaders (CHARTIS Research 2009) the system is acknowledged to offer the most complete and truly integrated functionality worldwide. In 1999 RCS accepted the business, technical and regulatory challenges set forth by financial and non-financial firms and designed a comprehensive, flexible solution to all aspects of extended risk management and measurement that is linked directly to the value creation drivers of the organization. 

Leveraging its success with operational risk management solutions for banks and insurers, the solution now also supports most aspects of related, cross-industry frameworks. The proven track record and highlights of Avanon include:

  • 450 legal entities, with 15'000+ users in 30 countries        
  • AXA Global, Commerzbank, BMW Financial Services
  • Swiss Raiffeisen Group, Liechtenstein’s top 3 banks
  • Volksbanken Group Austria with 80 group companies
  • Emirates Bank Group, National Bank of Dubai
  • Alior Bank and the largest banking Group in Poland
  • Industry success:
    • Kuwait Petroleum Corp., Atel Energy
  • Ranked highly:
    • Top 3 for ORM, with enterprise capability
  • Multi-lingual:
    • 10 languages supported by default
  • Rapid implementation and forward compatibility are guaranteed
  • Built-in Global Reporting
    • not 3rd-party
    • no interfaces
  • Quantification is internal, removing external dependencies

The solution provides a technology-driven, firm-wide view of ‘inclusive’ enterprise risk, based on the conviction that issues-incidents-hazards-events are identified and dealt with before they materialize. Early recognition allows for specific activities to be defined to mitigate, reduce or eliminate risk, thereby fundamentally changing the management process.

Avanon offers a standard, integrated product with a high degree of versatility, as opposed to a toolkit of components that clients may customize. New functionality is triggered by clients, user groups, new industry standards and evolving regulatory guidance. Integration means and provides for:

  • Global, Centralized Data Administration
  • Configurable Data Collection Forms (loss, risk, event)
  • Qualitative & Quantitative Assessment / Scenario Analysis
  • Comprehensive Action Planning / Issue Management
  • Dynamic Indicators for Key Risks, Controls, Performance
  • Truly integrated, real-time and Dashboard Reporting
  • Regulatory Capital Calculation and other Risk Measures 

Curious …?

Than visit our Cnet Group Academy and register for one of the various Webinars to see Avanon OpRisk Suite performing in real-time. You will not regret it..!