Enterprise Risk Management for Africa
AI-powered RCSA, Monte Carlo simulation, and real-time dashboards aligned to CBN ORMS guidelines.
Why Nigerian institutions need this
Fragmented risk data
Risk registers scattered with no single source of truth.
Reactive management
Institutions respond to risks only after they materialize.
Compliance gaps
Manual processes fail to demonstrate CBN ORMS compliance.
Enterprise Risk Command Centre
A single executive dashboard that gives your CRO, board risk committee, and management team a complete 360-degree view of organisational risk posture — updated in real time.
- Active risks, critical ratings, and KRI breaches at a glance
- YTD net loss tracking in Naira with capital adequacy ratio
- Residual risk heatmap with drill-down into individual cells
- Risk rating distribution across your entire register
- Open issues and overdue treatment plans with escalation alerts
Monte Carlo Simulation Engine
Quantify your risk exposure with institutional-grade Monte Carlo simulations — configured for Nigerian market conditions and denominated in Naira.
- Up to 100,000 iterations with configurable confidence levels (90%–99.9%)
- Multiple risk scenarios: credit default, cyber attack, regulatory fines
- Lognormal, normal, and custom probability distributions
- Naira-denominated loss modelling with FX risk factoring
- ICAAP integration for capital adequacy stress testing
- Scenario library with pre-built Nigerian market risk profiles
Interactive Risk Heatmap & Register
Visualise your entire risk landscape on an interactive 5x5 matrix. Click any cell to drill down into individual risks, track movement trends, and identify emerging hotspots.
- Interactive 5x5 likelihood vs impact matrix with risk counts per cell
- Toggle between inherent and residual risk views instantly
- Filter by risk category, owner, business unit, or status
- Risk movement trends showing how your risk posture evolves over time
- Bow-tie analysis linking causes, risks, controls, and consequences
- Risk summary cards showing critical, high, medium, and low counts
Everything you need for enterprise risk management
A complete ERM toolkit built for Nigerian financial institutions — from RCSA workshops to board-ready reporting.
Enterprise Risk Command Centre
Executive dashboard providing a 360-degree view of your organisational risk posture — active risks, critical ratings, KRI breaches, open issues, YTD net loss in Naira, and capital adequacy ratio. Real-time residual risk heatmap and risk rating distribution at a glance.
Risk Register
Centralised register capturing all risk events with likelihood and impact scoring, risk owners, treatment plans, and escalation workflows. Supports inherent and residual views, category filtering, and full audit trail — aligned to CBN ORMS risk taxonomy.
Monte Carlo Simulation
Configure and run Monte Carlo simulations with up to 100,000 iterations across multiple risk scenarios — credit default, cyber attack, regulatory fines, and more. Lognormal, normal, and custom distributions with Naira-denominated loss modelling and ICAAP integration.
Interactive Risk Heatmap
Interactive 5x5 risk matrix showing likelihood vs impact with drill-down into individual risk cells. Toggle between inherent and residual views, filter by category, and track risk movement trends over time with integrated bow-tie analysis.
AI-Powered RCSA
Automated Risk and Control Self-Assessment with intelligent scoring, bulk assessment campaigns, and workflow-driven sign-offs. AI suggests risk ratings based on historical data and peer benchmarks.
KRI Monitoring & Loss Events
Define and track Key Risk Indicators with red/amber/green thresholds and automated breach alerts. Capture loss events, correlate with risk register entries, and generate CBN ORMS loss event reports.
Regulatory Alignment
Pre-built templates and taxonomies for CBN ORMS, Basel III, COSO ERM 2017, and ISO 31000. Auto-map your risks to regulatory requirements and generate examination-ready reports.
Treatment Plans & Workflows
Create, assign, and track risk treatment plans with configurable approval workflows, SLA monitoring, and automated escalation. Link treatments to controls and audit findings.
Built different from global ERM tools
Global platforms like Archer and Diligent weren't designed for the Nigerian market. Atheris was.
Nigerian Market Calibration
Risk models calibrated for Nigerian market volatility, Naira FX risk, and local economic conditions — not US-centric benchmarks.
CBN ORMS Native
Every screen, report, and taxonomy maps directly to CBN ORMS requirements. No manual framework mapping needed.
Naira-Denominated Throughout
Loss quantification, capital adequacy, and risk appetite all expressed in Naira. No FX conversion headaches.
Integrated GRC Ecosystem
Risk findings automatically trigger audit points, compliance tasks, and incident records across the entire Atheris platform.
Get started in three simple steps
Setup
Configure taxonomy, import registers.
Assess
Run RCSA workshops and model scenarios.
Monitor
Continuous KRI monitoring and board reporting.
Explore other modules
Audit Management
From risk-based audit planning to CBN examination-ready reports — automates every step of the internal audit lifecycle.
Controls Management
Build, test, and monitor your control environment with automated evidence collection.
Compliance Management
Automated compliance tracking and gap analysis for CBN, BOFIA, NDPA, and AML/CFT.
See Enterprise Risk Management in action
Book a personalised demo to see how Atheris transforms your risk management programme with AI-powered insights and Nigerian regulatory alignment.
Request Demo