Qualitative Risk Assessment
About Software
Qualitative Risk Assessment
The Qualitative Risk Analysis is the process of prioritising risk for further quantitative analysis
Qualitative Risk Analysis is performed after the identification and listing of risk areas in the various Risk Categories
Risk Easy Qualitative Assessment is based on Risk Easy Software Application Proprietary Methodological Process
Risk Categories Master Strands
Qualitative Assessment - Risk Areas
Goal is to scientifically arrive at an Assessment for each Risk Category
Qualitative Assessment - Risk Categories
Outcomes of Risk Categories
About Software
The Outcome
The outcome of risk assessment is to allow the organisation to apply appropriate risk response strategies to minimise or curb identified ML/TF risk through developing or amending policies, procedures, systems and controls.
It must be noted that the outcome of the Qualitative Analysis is a prioritisation of risk areas to perform AML Risk Assessment.
Prerequisite For Risk Category Assessment
Assessment of Risk Areas in
all Risk Categories
Risk Areas in each Risk Category will be Qualitatively Assess using Likelihood and Impact methodologies.
Dashboards will be Displayed showing Results of Qualitative Assessments
Display of Dashboards Results for
Each Risk Category
Risk Areas Listing | Control Responses Comparison | Individual Risk Assessment | Category Assessment
Dashboard Features
Heat Risk Dashboard
Weak controls in the various risk areas (For all Risk Categories) will be identified and populated for management ACTION.
About Software
Risk Registers / Reporting
Risk Easy Software Application will generate different types of Reports
Report 1 – Risk Register by Risk Category
Report 2 – Risk Register by Risk Score Outcome
Report 3 – Report By Client Responses Per Risk Category - (Yes or Not Always or Not Sure or No)
This Report highlights all the strong, not so strong and weak areas confronting the organisation in a particular Risk Category, for instance, Products, customer Type or Channels.
Report 4 – Report By Client Overall Responses for all Risk Areas - Yes or Not Always or Not Sure or No (Irrespective of Risk Categories and Risk Score)
This report will highlight all the strong, not so strong and weak areas confronting the entire organisation generally.
Upcoming Events
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AML Tech Series
April 09, 2026
