Key Risk Indicators (KRI) are a core feature of the TricorRadar Operational Risk Modules. KRI’s provide an early-warning system to identify potential costly operational hazards including fraud, legal and technology risks.
Using the KRI module of the TricorRadar system, all Key Risk Indicator reporting is seamlessly implemented into your overall risk management system. All KRIs are freely definable and there is no limit on the number or type of Key Risk Indicators that can be set up.
What the system can do for you
By using the KRI Manager module for your KPI/KRI reporting you can:
- Set agreed ‘warning lights’ allowing you to pick up early indicators of trouble.
- See how well or badly you are doing compared to the industry norms.
- Manage potentially costly hazards including fraud, legal and technology risks.