Imagine your business is facing a sudden disruption — a cyberattack, a natural disaster, a critical system failure. How quickly could you bounce back? Operational resilience is the key to weathering these storms. It’s about ensuring your business is prepared and can continue operating efficiently, even amidst unexpected challenges. 

In the 2024 Verdantix Smart Innovators: Operational Resilience Software report, Origami Risk was recognized as one of sixteen solutions that are helping clients manage a range of operational resilience requirements. Verdantix describes operational resilience software as “Specialized solutions that enhance firms’ foresight in predicting, preventing, withstanding, adapting to and rebounding from unexpected disruption and risks across various operational domains. It integrates features for governance, risk management (including information and communication technology (ICT) risk management), business continuity planning, incident management, workforce management, and supply chain resilience.”

Why this operational resilience report is important to you 

With a market characterized by such a wide array of variables and diverse solutions, making informed buying decisions can be challenging. This report aims to clarify the various options available, highlighting key features and capabilities of each solution to help organizations choose the most suitable tools for enhancing their operational resilience. By leveraging the insights and recommendations provided, companies can make strategic investments in software that aligns with their specific needs and objectives, ensuring robust and resilient operations. Verdantix specifically advises that, “Executives should use this report to evaluate vendors' capabilities across 12 key functionality areas, for informed decisions when purchasing operational resilience software solutions.”

Where Origami Risk’s operational resilience solutions shine

Origami Risk’s Governance, Risk and Compliance (GRC) solutions were measured as advanced/mature for: 

• Regulatory compliance & reporting to enhance an organization's operational resilience by ensuring alignment with relevant regulations and industry standards, as well as providing monitoring systems to track key operational resilience metrics and indicators. 
• Risk indicators / risk register that offers a detailed overview of various risks affecting operational resilience, including information on their likelihood, impact, mitigation measures, and current status, as well as provides early issue detection by measuring unusual patterns and observable metrics to assess the likelihood or presence of risks. 
• Security & emergency assistance to facilitate effective communication during emergencies, offering tools to monitor and track business and workforce exposure to potential threats and utilize predictive analytics and risk assessment capabilities to proactively identify security threats and vulnerabilities.
• Vendor risk information provider that enables integrations with external data sources to monitor supply risk exposure as part of the information used for assessing and monitoring vendor risks.

But wait, there’s more to our governance, risk, and compliance solutions

That’s not all our GRC solutions can do. GRC solutions by their very nature are wide-reaching and play a role in measuring, mitigating, and preparing for risks across an organization. Origami Risk provides our clients with a powerful, single platform that helps them bolster their operational resilience:  

• By systematically identifying, assessing, and managing risks across the organization, Enterprise Risk Management ensures that potential threats to operational resilience are proactively addressed, reducing the likelihood and impact of disruptions.
• Strong Internal Controls Management helps safeguard against operational failures and ensures compliance with regulations, thereby maintaining the integrity and reliability of business processes critical to operational resilience. 
• Compliance Management ensures adherence to regulatory requirements and industry standards and reduces the risk of legal penalties and operational disruptions, supporting a stable and resilient operational environment. 
• Business Continuity Management ensures that organizations have emergency response plans in place so they can quickly adapt to and recover from disruptive events, maintaining operational resilience.
• A proactive Vendor Risk Management program that monitors and manages risks associated with third-party vendors helps mitigate potential supply chain disruptions, ensuring that external dependencies do not compromise operational resilience.
• Conducting regular Internal Audits helps identify and rectify weaknesses in processes and controls, providing continuous improvement and assurance that the organization’s operational resilience strategies are effective.

One platform means that all your risk data is inherently connected and reportable, making it easier to track trends and patterns to better predict and plan for disruptions. With Origami Risk, one platform means a single platform for everything we do, from GRC to RMIS to EHS and beyond. 

It’s time to get operational resilience right

Operational resilience is a key program to get right, as it is essential for maintaining business continuity and safeguarding against disruptions. From managing enterprise risks and internal controls to ensuring compliance and business continuity, Origami’s solutions help support organizations in building resiliency. Origami was included in the Verdantix report for the strengths of our GRC solutions, reinforcing our commitment to helping your organization navigate the complexities of operational resilience, enhance your ability to withstand and recover from adverse events, and ensure long-term stability and success. 

Verdantix subscribers can access the 2024 Verdantix Smart Innovators: Operational Resilience Software report by visiting https://www.verdantix.com/report/smart-innovators-operational-resilience-software.

To learn more about how Origami Risk’s GRC solutions can help bolster your operational resilience, check out our ERM Maturity Assessment — 17 questions to help you get valuable insights and next steps for your program.