Better Decisions: Better Outcomes TM
Riskwell ProtectTM
Performance-based decision and risk
management software developed and backed by
sector-leading consultants to ensure projects
deliver on time and on budget
Confidential
June 2023
Riskwell® is a registered trademark
Copyright © Riskwell Ltd 2023
Riskwell Overview
• Leadership team with 150+ combined years of corporate, operations, risk and project
management experience.
• Focused on delivering top class Decision and Risk Management (DRM) solutions.
• Partnerships with mature ERP and AI development house – leading to robust and
innovative solutions.
• Foundational SaaS product, Riskwell Protect TM can now be enhanced by Riskwell PrimeTM
released in March 2023.
• Seven further integrated SaaS products launching progressively during 2023-25 directly
linking risk management to project delivery and business performance.
• Experienced risk and transformation consultants to develop your risk maturity through
training, risk audits, ISO compliance, SME resourcing, and help embedding risk tools, best
practice, and risk culture.
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Riskwell ProtectTM
• Riskwell Protect is designed to help you proactively manage and
improve your existing risk processes.
• Protect enables a risk culture focused on evergreen data,
collaboration, improved decision-making and action closeout. This
dramatically improves project delivery and business performance.
• As a secure SaaS product, customers benefit from continual upgrades
and new, client-led features, included within the licence.
• Riskwell’s lean business model enables us to provide leading
functionality at a competitive price.
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Riskwell PrimeTM
• Prime is a game changing module which can be added into Protect.
• Prime enables your risk professionals to establish a connection
between risk impacts and the company’s business objectives.
• Impacts can be compared and weighted in order of their importance
to achieving the business objectives so that the most significant risks
can be easily identified and proactively managed.
• Linking risks to business objectives is an integral part of Riskwell’s
Decision and Risk Management methodology.
• As a secure SaaS product, customers benefit from continual upgrades
and new, client-led features, included within the licence.
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Why Choose Protect ?
Business Challenge Theme Typical Approaches Protect
Effective • Lack of visibility for key • Fully supports the risk management process.
• 50% of all projects overrun by 30%
Decision Risk stakeholders • Builds risk culture
• Larger projects have a higher failure rate
Management • Additional manual integration • Provides decision and control ready information to
• 30% of all projects overrun by 50%
activities all levels and depts.
• There is a 95% correlation between
• Limited risk categorization • Allows integration of all registers across the
effective decision-making & business
• Poor refresh of data business
performance
• Analytics and reporting done • Enables investment decision appraisal through
• Businesses who actively manage risk
offline or by costly external Monte Carlo analytics
outperform others by 50-80%
consultants • Provides scenario creation for “what-if?” analysis
Existing risk tools do not enable companies to
manage their risks well – leading to poor business Collaboration • Siloed registers • 5 User types enabling a secure, multiuser process
performance • Separate risk, actions and • Simple, shared registers enabling evergreen data
control registers • Custom dashboards allow all users to see a true
• Single, slanted view picture of risk exposure
Achieving High Performance • Limited access leading to a • Threats, opportunities, actions and controls are
lack of ownership and managed in one space
• High performing businesses manage their disengagement • No silos. One version of the truth
risk profile well through: • Information easily shared with externals
• Collaboration across the business Action Close • Single ownership of risk and • Direct access for action owners
• Evergreen data Out action registers • Enhanced action progress monitoring and
• Effective decision making • Poorly managed action close- reporting
• Action close-out out • Action alerts and email notifications
Effective Risk
Capture Analyse & Impact Assess Create Actions Manage Actions Review
Management
Risks
Process
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Protect Helps Embed Change
1. Dashboards for projects, programmes, operations and strategic
planning, which can be aggregated and analysed
2. Integrated threat, opportunity and mitigation registers
3. Enhanced personal dashboards that can be individually customised
to provide the best user experience
4. A comprehensive and flexible reporting engine that greatly assists
organisational decision making
5. An analytics dashboard supporting Monte Carlo analysis, ‘S’ curves,
tornado maps and impact tables
6. A scenario planning dashboard that facilitates the selection and
prioritisation of appropriate risk mitigations
7. Alerts, overdue action notifications, burn-down charts and task
status performance that drives action close-outs
8. Email notifications to enhance team performance and escalations
9. An administration dashboard that provides easy access and the
ability to create impact tables and categories
Riskwell® is a registered trademark
Copyright © Riskwell Ltd 2021-2022
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Software
Demonstration
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Riskwell Consulting
Riskwell Consulting offers a unique set of services targeted at improving your decision and risk management maturity.
Helping you assess your current level and working with you to transform your risk culture to maximise your
opportunities.
Implementation Services Transformation Services
Riskwell software experts with SME knowledge can help Riskwell transformation specialists offer transformation
to make sure that our software is configured to maximise expertise through programmes targeted at promoting
value for your organisation. Delivering: system risk management into decisions at every level.
integration, data transfer and admin and user training. Embedding: a risk culture, processes and tools.
Audit and Compliances Services Risk and Project Management Services
Riskwell's consultants bring years of experience to audit Riskwell's experienced risk and project management
your risk management processes and registers to ensure specialists can help you meet resourcing requirements
compliance with best practice, ISO 31001, and help you for special projects. Our SME’s can also be engaged to
to drive continuous improvement. provide mentoring and advisory services to your existing
staff.
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Further Information Slides
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The Right Tool – Riskwell Protect (1/2)
Potential outcomes:
• Maximise profit • Operate safely
• Live behaviours and values • High customer and employee satisfaction
• Deliver on business objectives
Protect enablers:
1. A single space to champion the use of an organisation’s own risk methodology
2. User types that maximise involvement, ownership, collaboration, and individual and team delivery
3. Create strategic, project and operational risk registers that can be rolled up and assessed to create optimised
decision-making and action close-outs
4. Create meaningful impact types and custom fields that can be used to enhance decision-making and action close-outs
5. Run remote workshops and, in one space, manage threats, opportunities, actions and controls
6. Rich and honest risk register that is heavily used internally and externally
7. Provide alerts within risks and actions that drive proactive behaviours
Continued….
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The Right Tool – Riskwell Protect (2/2)
Potential outcomes:
• Maximise profit • Operate safely
• Live behaviours and values • High customer and employee satisfaction
• Deliver on business objectives
Protect enablers (continued):
8. Slice and dice risk and action information so that key stakeholders can take control
9. Create dashboards that individuals or teams can use to manage their areas of responsibilities
10. Use appropriate report types including burn-down, bar-charts, heatmaps and pie-charts to create visualisation boards
that dramatically improve delivery
11. Enhance collaboration through sending information to non-Protect users from Riskwell Protect itself; this drives the
production of meaningful data and action close-outs
12. Run Monte Carlo analytics to establish baseline S-curves to drive discussions about risk appetite
13. Run scenario Monte Carlo analytics to optimise risk budget and exposure
14. Run Monte Carlo analytics on filtered datasets to facilitate both single user and team decision-making
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Direct Benefits (1/2)
1. Dramatically minimise overruns on project, programme and portfolio activities. Empirically, this can be
anywhere between 10% and 100% reductions in delays, cost overruns and system performance issues.
2. Riskwell Protect, when used across the business, makes significant business and reputational
improvements. Business performance is transformed when Protect is used across:
1. Strategic planning
2. Business initiatives
3. Transformation programmes
4. Critical projects, programmes and portfolios
5. Operations
3. The different report types and dashboards enable the creation of ‘digital control rooms’ that are ideal for
KPI management. This would include wind and solar builds, design completion, approvals, supply chain
management, public relations, construction works, management of HSE, operational improvements, etc.
Continued … 12
Direct Benefits (2/2)
4. Build customer confidence in risk management and actively share reports and registers through Protect.
5. Assist in bid management with potential customers.
6. Provide real-time progress on design and construction build activities
7. Riskwell Protect creates a proactive culture that cannot be achieved using existing tools. Having rich and
evergreen risk registers leads to greater understanding; getting the right information to critical
stakeholders leverages management support and supports action approval; and improved decision-
making allows for delays and issues to be resolved early.
8. Protect’s control module provides a level of audit and compliance that can be used for more than
governance alone, ensuring certification and supporting continuous improvement.
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Bespoke Implementation
• Kick-off and scoping meeting to determine process and
tasks for a successful implementation, with an upfront
demonstration to all key stakeholders:
• Light-touch with agile approach.
• Integration and data transfer.
• User training, including tools and best practice.
• User acceptance testing (UAT).
• Go-live and first use support.
• Close-out and look-back.
• Minimum five days of implementation support.
• Train-the trainer
• Process design
Support Options
Software
Support Desk
Walk- Consulting
Through Support
Software
Riskwell Training
Community Videos
Account
Management 15
Customer-Driven | Focused | Authentic | Innovative
For further information, please contact:
Patrick De Souza
CEO
[email protected] +44 (7540) 744 059
