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Decipherisk

Decipherisk is an operational risk management software solution delivered to credit unions and other ADIs online.

Overview


Decipherisk is an operational risk and compliance management system that provides a complete simple-to-implement solution, purpose-built for credit unions and mutual ADIs. Decipherisk delivers:
  • a complete fully-supported web-based solution
  • integrated compliance management
  • an intuitive and simple-to-use interface
  • a low monthly cost

Administrative control


With Decipherisk, you are in control. The Administration function enables you to update your risk management system in real time. You can establish new users, user access privileges, products, departments, branch locations and reports as you need to with changes reflected in the system immediately.

Simple navigation


The simple navigation takes the user intuitively step by step through the risk management process. Each page has been designed to incorporate as many drop-down and tick box options as possible. The drop-down and tick box options are established through the Administration function and guide the user quickly though the various screens.

Depth of Information


For many credit unions risk management resources are limited. For this reason, you can use Decipherisk to record as much or as little as you need about each risk. You can record only key data or use the other elements of the software to record additional information that may assist your future risk management.

Flexible User Access Privileges


Each credit union licence allows for an unlimited number of users and each user can be assigned different access privileges. You may wish to assign your Board members viewing access or Branch Managers access to record actual risk events.

Comprehensive Reporting


Decipherisk allows for timely, customisable and printable reports to MS Excel. The reporting function has been designed to be as flexible as possible. You can establish your own reports to show any combination of data you require.

Find out more


Request more information or contact us to learn more about Decipherisk.

Benefits

  • A web-based solution, established around ADI products and structure
  • Unlimited user licence with flexible user access privileges
  • Simplicity in use (most credit unions dont' have a dedicated risk manager)
  • Access to a database of over 600 credit union risks and risk mitigants
  • Risk benchmarking between ADIs
  • Flexible reporting to MS Office

Easy risk management

  • Clearly defined risk and risk mitigation accountabilities and timeframes
  • Risk – post implementation of mitigation analysis
  • Optional recording of actual loss events and breaches of policy
  • Cause and impact of risk, cost/benefit and budget/actual cost of mitigation
  • Ability to link mitigation plans to policies and procedures
  • Email notification when mitigation plans are nearing completion date