LIGHTHOUSE RISK MANAGER
LIGHTHOUSE BY TORQUE SOFTWARE
ABOUT LIGHTHOUSE
Lighthouse is a commercial-off-the-shelf software system designed to assist Government entities in meeting their legislative obligations and achieve better practice in areas of Governance, Risk and Compliance (GRC).
ABOUT LIGHTHOUSE RISK MANAGER
Lighthouse Risk Manager is our industry-leading solution that allows you to manage all aspects of the risk management process across all the categories of risk relevant for your organisation (e.g. enterprise, operational, WHS, procurement, project etc.).
Lighthouse is highly configurable and your organisations risk matrix, policy and processes are embedded in Lighthouse to deliver compliance by design.
BENEFITS
- Transforms risk management from a periodic activity to being integrated with day-to-day business processes
- Simple and intuitive—easy to use for all staff (even if they are not risk specialists)
- Automated reminders and notifications minimise administrative effort around risk management
- Single-source of truth for all risk related information
- Flexible and intuitive reporting, both on-demand and scheduled.
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LIGHTHOUSE RISK MANAGER
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Choose your process from options configured to your needs.
Manage any category of risk for your entity—risk manager is a one-stop shop for risk management.
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LINK YOUR RISK TO CONTROLS
Link your risk to relevant controls using free text or a control library.
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Assess your risk based on ratings configured for your needs.
| Negligible | Minor | Moderate | Major | Extreme | |
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| Almost Certain | Medium | Medium | High | Extreme | Extreme |
| Likely | Medium | Medium | High | High | Extreme |
| Possible | Low | Medium | Medium | High | High |
| Unlikely | Low | Low | Medium | Medium | Medium |
| Rare | Low | Low | Medium | Medium | Medium |
Your organisations risk matrix is embedded in Lighthouse.
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CONFIGURE AND FILTER REPORTS
Configure and filter reports with ease. Export to Excel, PDF, or Power BI (or your other preferred data visualisation tool).
Every Lighthouse user, subject to permission, has their own reporting dashboard where reports based on any data set, including risk, can be easily built, displayed, shared, and accessed.