Provision of an Enterprise Risk Management System

Tender description

The Authority is seeking to appoint a service provider to provide a Software-as-a-Service (“SaaS”) based Enterprise Risk Management System (ERMS) to support the Authority Risk Function to meet its strategic objectives, which include: • embedding a robust risk framework to ensure risks associated with the wider Authority • strategy are understood and actively managed; • delivering high-value, insightful and relevant risk reporting to stakeholders; and • enhancing knowledge of risk management best practice across the Authority by engaging with, educating and supporting the businesses to provide clarity and understanding of risk management. Lot 1: The Authority is seeking to appoint a service provider to provide a Software-as-a-Service (“SaaS”) based Enterprise Risk Management System (ERMS) to support the Authority Risk Function to meet its strategic objectives, which include: • embedding a robust risk framework to ensure risks associated with the wider Authority • strategy are understood and actively managed; • delivering high-value, insightful and relevant risk reporting to stakeholders; and • enhancing knowledge of risk management best practice across the Authority by engaging with, educating and supporting the businesses to provide clarity and understanding of risk management.