Interactive risk management system and method with reputation risk management

• US 20060116898A1
• Filed: 09/09/2005
• Published: 06/01/2006
• Est. Priority Date: 11/18/2003
• Status: Abandoned Application

• Current Assignee: Gary Edward Peterson
• Original Assignee: Gary Edward Peterson
• Inventors: Peterson, Gary Edward
• Application Number:
  US11/223,468
• Publication Number:
  US 20060116898A1
• Time in Patent Office: Days
• US Class Current: 705/7
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/08 Insurance

Abstract

An interactive risk management system and method using reputation risk reduction and an impact measurement analysis matrix are used for a business or other organization to generate a graphic display to the user, through the browser, to display a mapping of processes used in conducting the business or the affairs of the organization and allow the user to selectively view additional data, such as messages describing risks associated with the process selected. The user may navigate thorough and among the processes to access and review associated data, allowing the user to gain information about selected processes and associated risks. Metrics are used for evaluating a likelihood of reputation risk.

Claims

1. An interactive risk management system comprising:

a computer including;

a processor;

an input device;

a display for displaying a graphic user interface including a browser;

a memory; and

a mapping of a plurality of processes and at least one risk message associated with at least one of the plurality of processes stored in the memory;

wherein the processor, in response to user selections through the input device, displays to the user through the browser the mapping of the plurality of processes, with each of a set of the displayed processes having an associated user actuatable display region;

wherein the processor, in response to user actuation of an actuatable display region of a selected process, displays to the user through the browser the at least one risk message associated with the selected process, thereby allowing the user to gain information about the selected process and its associated risks; and

wherein the processor, in response to the at least one risk message and risk information, performs reputation risk management analysis on the at least one risk message using a predetermined metric to generate and display impact level data.

2. The interactive risk management system of claim 1, wherein the memory is accessible through a computer network, whereby any user, using the browser and communicating via the computer network, may access and view the mapping and may actuate the actuatable display regions to selectively view the at least one risk message.

3. The interactive risk management system of claim 2, wherein the computer network is an intranet.

4. The interactive risk management system of claim 2, wherein the computer network is the Internet.

5. The interactive risk management system of claim 1, wherein the actuatable display regions are associated with link data addressing linkable data stored in the memory;

and

wherein the processor, in responsive the actuation of a selective actuatable display region, communicates with the memory via a respective link data to retrieve the corresponding linkable data.

6. The interactive risk management system of claim 5, wherein the link data is a hyperlink.

7. The interactive risk management system of claim 1, wherein the processor generates an impact measurement analysis matrix on the display to perform reputation risk management analysis by identifying impact levels corresponding to a plurality of reputation risk factors.

8. The interactive risk management system of claim 7, wherein the processor generates and displays in the displayed impact measurement analysis matrix a plurality of risk likelihood values, with each risk likelihood value corresponding to a respective one of the plurality of reputation risk factors.

9. The interactive risk management system of claim 8, wherein the processor determines an overall likelihood value from the plurality of risk likelihood values using the predetermined metric.

10. The interactive risk management system of claim 8, wherein the processor determines an exposure value corresponding to a degree of exposure of an institution from the plurality of risk likelihood values using the predetermined metric.

11. An interactive risk management method for providing risk information associated with one or more of a plurality of processes, the method comprising the steps of:

providing a computer including a processor, an input device, a display, and a memory;

displaying a graphic user interface including a browser on the display;

storing in the memory a mapping of a plurality of processes;

storing in the memory at least one risk message associated with at least one of the plurality of processes;

receiving at the processor user command signals entered through the input device;

displaying to the user through the browser the mapping of the plurality of processes, with each of a set of the displayed processes having an associated actuatable display region;

receiving at the processor signals corresponding to user actuation of an actuatable display region of a selected process;

performing reputation risk management on the at least one risk message and risk information using a predetermined metric to generate and display impact level data; and

displaying to the user through the browser, in response to the user actuation, the at least one risk message associated with the selected process, thereby allowing the user to gain information about the selected process and any associated risk.

12. The interactive risk management method of claim 11, further comprising the steps of:

providing a memory accessible through a computer network by users using a browser connected to the computer network;

communicating command signals through the computer network to access and display to the user the mapping; and

actuating the actuatable display regions to selectively view the at least one risk message.

13. The interactive risk management method of claim 11, wherein the computer network is an intranet.

14. The interactive risk management method of claim 11, wherein the computer network is the Internet.

15. The interactive risk management method of claim 11, further comprising the steps of:

associating actuatable display regions with link data addressing linkable data stored in the memory;

responding at the processor to actuation of a selective actuatable display region to communicate with the memory via a respective link data; and

retrieving the corresponding linkable data.

16. The interactive risk management method of claim 15, wherein the link data is a hyperlink.

17. The interactive risk management method of claim 11, further comprising the steps of:

generating an impact measurement analysis matrix using the processor;

displaying on the display the impact measurement analysis matrix;

receiving input data into the impact measurement analysis matrix; and

performing reputation risk management analysis using the processor processing the input data for identifying impact levels corresponding to a plurality of reputation risk factors.

18. The interactive risk management method of claim 17, wherein the step of displaying the impact measurement analysis matrix includes the step of:

displaying in the displayed impact measurement analysis matrix a plurality of risk likelihood values, with each risk likelihood value corresponding to a respective one of the plurality of reputation risk factors.

19. The interactive risk management method of claim 18, further comprising the step of:

determining an overall likelihood value from the plurality of risk likelihood values by the processor using the predetermined metric.

20. The interactive risk management method of claim 18, further comprising the step of:

determining an exposure value corresponding to a degree of exposure of an institution from the plurality of risk likelihood values by the processor using the predetermined metric.