Istria Limited

IRIS® and the Istria Enterprise Risk Management Method provide a highly intuitive and industry-leading risk management solution; it's one that plays a pivotal role in driving organisations forward to achieve their strategic goals and objectives.

The Istria approach sees Risk Management built-in to the planning and implementation of all projects and operational activities. Organisations employing this comprehensive approach to risk management make better use of resources and obtain a significant competitive advantage by using proven mathematical techniques to tackle uncertainty and to promote effective decision making. IRIS® has been deployed across a wide range of sectors in many diverse and challenging scenarios.

Government

Istria's method of risk management provides significant benefit to government and public sector bodies through the improvement of strategic, operational, project and financial management. The identification, mitigation and management of those events which would have an adverse affect upon the organisations objectives and activities are at the heart of the method and the IRIS® software.

Defence/Aviation

The complexities of aerospace and defence projects makes the inclusion of robust and focused risk management processes an essential component at all levels of planning and implementation. Istria's Enterprise Risk Management Method plays a vital role in driving projects forward to achieve their objectives and to meet their costs and delivery time.

The sophisticated 'Monte Carlo' simulations driven by Palisade's @RISK engine, embedded within IRIS®, provide accurate assessments of risk exposure for start, current and target values and tackles uncertainties in planning and analysis. This is of huge benefit to construction companies, providing vital management information for effective decision making.

Major transport operations benefit from the ability of IRIS® to be deployed across large organisations, where the ability to share information and reports is vital. A full and clear audit trail of the identification, analysis and mitigation of all risks is maintained and facilitates visibility of the risk exposure at every level of the organisation: corporate, departmental, team and individual.

IRIS® is an extremely powerful tool to support decisions on the feasibility of potential projects and to drive-forward the identification and selection of options in complex, uncertain scenarios - essential in today's telecommunications market. Istria's Enterprise Risk Management Method can provide tangible benefits in improving the 'bottom-line' or enhancing service delivery, and maintains a clear link to the overall strategic aims of the organisation.

IRIS® provides Utilities companies with a flexible and highly intuitive risk management solution that is particularly well suited to large and complex projects and activities which require accurate risk identification and effective management. The Monte Carlo simulations provide invaluable data vital for management reports and decision making and crucial for high profile, time and cost critical activities.

Find out more about how we can help your organisation with your risk management solutions. Click Here to contact us or call us today on 020 7758 2840.

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