Risk Management Studio Ideology

*Updated February 2017 to include many new built-in advantages to the IRMF

Integrated risk management framework (IRMF) is the ideology behind Risk Management Studio. The RM Studio IRMF is designed to establish a organizational holistic approach to governance, risk, and compliance.  When it comes to integrated risk management, a holistic approach means you understand that there is no possible way you have a grasp on every detail, event, or need that lies around the corner (residual risk comes to mind), but you are prepared for incidents and events that could occur.

Here at Stiki we are always exploring new opportunities that address all aspects of risk management to enhance our Stiki Risk Management Framework (SRMF). Our primary goal with RM Studio is to provide a solution that efficiently identifies and addresses the risks your organization faces today and help you prepare for tomorrow. The SRMF in RM Studio is suite of software modules that can be combined together or used independently. The RM Studio modules are ISMS risk assessment/treatment, ISO 27001 compliance, business continuity management, and governance features throughout the modules. We know that beyond risk management you and your organization must focus on countless other aspects of business operations.

Today´s methods of risk assessment vary in as many ways as there are types of organizations completing them. It is accepted to use ‘back of the napkin’ calculations as long as there is some justification and consistency within the assessment. This leads to its own risk, such as lack of repeatability between risk managers and risk assessments for different departments, and methodology mixing, and worst of all, IAC (invented-acronym-confusion).

RM Studio’s Integrated Risk Management Framework eliminates the guesswork out of risk assessment by utilizing step-by-step approach from expert developed efficiencies and automation. RM Studio comes with a built-in Threat library linked with appropriate ISO 27001 Annex A controls, four dimensional ISO accepted benchmark risk calculations, and plenty of reports or data extraction capabilities. The RM Studio risk assessment and treatment process is easily repeatable year over year and transferable between departments, divisions or the organization as a whole. We strive to remove the risk involved with ‘in-house’ risk assessment frameworks that are unproven.

RM Studio is not a rigid system, but rather a very customizable system that lets you adjust your management of risks to best fit your business needs. The main objective is for your organization to deploy an integrated risk management framework from one centralized system that provides accurate outputs for higher quality business decision making. RM Studio streamlines and automates the connections between assets, threats, and associated controls saving time and resources to focus on risk mitigation. Whether your business is in the telecommunications industry or as a game developer, RM Studio will simplify and organize the risk management process.

So, what’s the ideology behind RM Studio?

An integrated risk management framework solution developed by risk management and information security experts, approved by ISO and other Internatinoal Standards organizations, that simplifies your risk management, continuity, and compliance strategies, allowing you to focus on revenue generation and a better tomorrow.