Rizikon Assurance release note - v2.0

Rizikon Assurance has been updated to version 2.0 as of 3rd September 2019.

This release includes;

Dashboard 2.0: Criticality Distribution Chart

The Organisation Criticality Distribution is a 6x6 matrix that can plot "Impact" against "Risk" for all suppliers on the system. This appears for all scorecard users of Rizikon Assurance 2.0 on the Summary Page.

Also appearing on the Organisations page as an additional filtering option, this new viewpoint of Impact and Risk empowers Assurance Managers to categorise, navigate and prioritise with a view to the most critical organisations to their business.

Scorecard Official Release

Organisation Scorecards centralise data held about a third party or supplier into one, 360° view of risk. They combine risk information from Rizikon Assurance's intelligent Assessments across multiple topics, as well as data from Companies House and credit-scoring from Creditsafe.  To view a scorecard, navigate to the organisation details page and press the "Scorecard" button on the actions menu, or use the Criticality Distribution Chart to go directly to the scorecard for an organisation.

Scorecards are split into three main segments, with Key Information about the organisation, Highlighted Risk Details, and a Criticality chart with a breakdown of risk scoring on a segment by segment basis.  Scorecards are highly customisable, and can also be downloaded into PDF format.

Creditsafe Integration Official Release

Rizikon Assurance 2.0 also includes the official release of our integration with Creditsafe, and their 320-million records of company information and credit risk database.

Organisations can be linked with Creditsafe listed companies to verify key information, and a report can be downloaded to feed credit risk data into scorecards. Full company reports can also be viewed in the system, allowing quick and easy credit risk checks of Third Parties.

Requesting Creditsafe report data and viewing a full report will use Creditsafe tokens, which can be added to the system as required.

Bug Fixes and user experience improvements

Several bugs have been fixed, especially around formatting, displaying information and tool-tips correctly, the behaviour of actions when using the browser back button, stability, the syncing of information correctly on new graphics, and other minor issues and improvements.

Kind Regards,

Product Manager

Contact us at support@rizikon.io

Rizikon Assurance release note - v1.11

Rizikon Assurance has been updated to version 1.11 as of 14th August 2019.

This release includes;

Summary Page Improvements

Scorecard users will now find a new graphic on the Summary page: the Organisation Criticality Distribution. This 6x6 matrix can plot "Impact" against "Risk" for all suppliers on the system, and also appears on the Organisations page as an additional filtering option. This is an early feature to be fully released in v2.0.

Scorecard (beta) Improvements

Various improvements have been made to the Supplier Scorecards, including more detailed and user-friendly information boxes for each risk segment and the ability to manually enter or override the information displayed. Organisations can now also have a "default Scorecard", allowing users to set the primary scorecard used on an organisation by organisation basis.

Scorecard will be fully available in Rizikon 2.0.

Creditsafe Integration (beta) Improvements

Rizikon Assurance 1.11 also incorporates better integration with Creditsafe’s 320-million record company information and credit risk database. Creditsafe company reports can now be viewed and downloaded from within Rizikon Assurance. Requesting Creditsafe report data and viewing a full report will use Creditsafe tokens, which can be added to the system as required.

Creditsafe will be commercially available in Rizikon 2.0.

System Tags: Risk and Impact

In addition to Organisation Impact tags, Risk tags will now be assigned to Organisations based on their default Scorecard risk value. This tag will allow managers to better organise and navigate the Organisations on the system based on risk priority. They will be automatically generated by the appropriate scorecard risk level. The levels now range from "Unclassified (0), Very Low (1) .. to 5 (Very High)" for both impact and risk tags.

These tags are also now customisable as part of the configuration process of a tenant.

Various user experience fixes

The application has also been made easier to view on smaller screens, includes new filtering options for organisations, and other minor bugfixes and improvements.

If you have any questions or issues, please contact us.

Kind Regards,

Ken

Product Manager

Contact us at support@rizikon.io

Rizikon Assurance release note - v1.10

Rizikon Assurance has been updated to version 1.10 as of 4th June 2019.

Version 1.10 contains the following changes;

Scorecard (Beta)

Rizikon Assurance Scorecard shows you every assessed risk as well as key information for each of your Suppliers or Third parties in a single glance.  The scorecard can show scores and data extracted from all of your Rizikon Assurance Assessments, and/or Creditsafe company information and credit ratings.  Customisable scoring generates an overall risk score and, along with the organisation impact score, provide a Third Party Criticality value, allowing you to view, organise and prioritise your third parties.

Please contact us to request a trial -- Commercially available in v2.0 later in the Summer. Find out more at https://www.rizikon.io/

Creditsafe Integration (Beta)

Rizikon Assurance 1.10 also incorporates integration with Creditsafe’s 320-million record company information and credit risk database. Subject to additional costs for credit reports.

Please contact us to request a trial -- Commercially available in v2.0 later in the Summer.

New Financial Input Question type

Users will now be able to input numerical answers according to Comma Style Format separators.

Organisation "Impact" and automatic tag generation

To accompany the Rizikon Assurance Scorecard functionality, managers can now add an “Organisation Impact” value to an organisation, visible as a tag after being set on creation. Setting an impact value will be a mandatory process of adding an Organisation to the system, and will automatically generate the appropriate system tag for the chosen level.  Levels range from 1 (Very Low) to 5 (Very High).

Various user experience fixes and improvements to accessability

Improvements have been made to the Completer and Assessor Assessments View, displaying content in two separate grids.  Assessments now display Sections and Questions on the same page, improving organisation and workflow for Completers and Assessors.  The application has also received improvements for accessability on smaller screens, among other minor bugfixes and improvements.

If you have any questions or issues, please let us know via support@rizikon.io

Ken Fraser

Senior Product Specialist

Contact us at support@rizikon.io