KRI
KRIs in ERM Core are tied to risks in the register, carry versioned threshold bands, and turn every breach into an action with an owner.
KRI library
Section titled “KRI library”Define indicators per risk with owner, data source, frequency and unit. A demonstration set ships with the product for a group starting from zero.
Threshold bands
Section titled “Threshold bands”Green, amber and red bands per indicator, versioned on every change so history stays true to the thresholds in force at the time.
Observations
Section titled “Observations”Monthly or weekly entries, typed or imported. The system places each one in a band using the thresholds in force on the observation date.
Trend and breach
Section titled “Trend and breach”- Current status and a trend line per indicator.
- Open breaches with their age.
- Every breach creates an action in the action register.