Governance, Risk and Compliance
Look auditors in the eye with confidence.
Overview | Control Testing | Operational Risk Management | Issue Management | Incident & Loss Management | Survey Management | Policy Management | Audit Management | Continuous Monitoring | Publishing | Dashboarding
Bow Tie Methodology
Simplify risk analysis
By modeling bow tie diagrams, you can:
- Describe and analyze risk scenarios in detail
- Describe different risk scenarios for single risk
- Communicate risk treatment to third parties
- Illustrate a risk situation by combining the structural information of a bow tie diagram with control and risk data from ARIS Risk & Compliance Manager and webMethods products using dashboards
Bow tie analysis is much easier to understand than more complex fault and event techniques. It’s becoming more popular in risk-intensive industries and is a recommended technique mentioned in DIN ISO 31000.