Xplore key features
Risk Register Creation
Users can easily create and maintain a detailed risk register, providing a centralized repository for all risks.
Monte Carlo Simulation for Risk Quantification
xposurx employs Monte Carlo simulation techniques to quantify risks, allowing users to model uncertainties and assess the likelihood and impact of various risk scenarios. Its OpenFAIR-based cost model enables comprehensive estimates of potential losses.
Control Effectiveness Estimation & Assignment
Users can estimate the effectiveness of different controls and interventions, aiding in the selection of the most suitable risk mitigation measures. It allows users to assign specific controls to individual risks, creating a streamlined approach to risk management.
Residual Risk Loss Estimation
Calculate residual risks and estimates potential losses with insurance coverage and get a more accurate picture of the overall risk landscape.
Strategic Prioritization through Mitigation Portfolios
Users can prioritize actions by creating and quantitatively analyzing mitigation portfolios, helping them focus resources on the most critical risks and potential impacts.