🚨 Incident Reporting🔍 Audit & Assurance🔬 Investigation⚠️ Risk Management📄 Documentation🔔 Notifications
⚠️ Risk Management

This is where data becomes decision.

A live risk register that learns from incidents, audits and investigations — with automatic scoring, bow-tie modelling, and KRI alerts before risks become events.

This is where data
becomes decision.
SIRAM platform flow
🚨
Incident Reporting
Event captured and routed
🔍
Audit & Assurance
Governance validation
🔬
Investigation
Root cause structured
⚠️
Risk Management
Register updated
📄
Documentation
Procedures governed
🔔
Notifications
Loop closed
Governance Engine — 4-check validation on every action: entitlement, competency, scope, conflict of interest.
The problem we solve

Why existing tools fall short

Risk registers are spreadsheets that nobody reads. Risks are scored once a year during an annual review and then forgotten. When an incident occurs, nobody connects it back to the register that should have predicted it. The risk was there — it just wasn't managed.

Core capabilities

What Risk Management does

These capabilities work for any regulated industry — not aviation-specific. Industry-specific regulatory content is in the section below.

01

Live risk register with automatic scoring

Risks are scored using a configurable likelihood × consequence matrix. Every risk has an owner, a review cycle, and linked controls. When incidents or audit findings arrive, related risks are automatically flagged for review. The register stays current without manual maintenance cycles.

  • Configurable 3×3, 4×4 or 5×5 risk matrix
  • Automatic risk score recalculation when incidents link
  • Risk owner assignment and escalation rules
  • Scheduled review cycles with owner notification
  • Risk appetite thresholds with automatic breach alerts
02

Bow-tie risk modelling

For high-consequence risks, SIRAM provides a full bow-tie modelling workspace. Hazards, threats, consequences, prevention barriers and recovery barriers are mapped visually. Control effectiveness is tracked — so you know which barriers are weakening before they fail.

  • Bow-tie diagram builder with hazard and threat mapping
  • Prevention and recovery barrier visualisation
  • Control effectiveness scoring per barrier
  • Barrier degradation alert when a control fails an audit
  • Linkage between bow-tie controls and audit checklist items
03

KRI monitoring and proactive alerting

Key Risk Indicators are configured per risk — thresholds that trigger alerts before a risk escalates to an event. When a KRI crosses its threshold, the right people are notified automatically. Safety management becomes proactive, not reactive.

  • KRI configuration per risk with threshold setting
  • Automatic alert when KRI threshold is breached
  • Safety Performance Indicator (SPI) dashboards
  • Trend analysis across risk categories over time
  • KRI report — exportable for management and board review
Industry-specific capabilities

Regulatory precision by industry

Activate an industry pack and SIRAM adds sector-specific taxonomies, regulatory form templates, and compliance mappings on top of the core module.

✈️ Aviation Risk Management

For aviation operators, SIRAM maps the risk register to ICAO SMS requirements and pre-configures aviation probability and severity scales — aligned with ICAO Doc 9859 Safety Management Manual.

  • ICAO SMS risk assessment methodology (probability × severity)
  • Aviation risk taxonomy: operational, airworthiness, ground, cabin, security
  • Safety Performance Indicator (SPI) monitoring per ICAO Annex 19
  • Safety Performance Target (SPT) tracking and alerting
  • CASA / CAAV risk register reporting format
Governance Engine

Every action validated,
not just recorded.

High-severity risk reclassifications require approval from authorised risk owners. The governance engine validates that the approver holds the necessary authority for that risk category — a line manager cannot quietly downgrade a critical risk without authorisation.

01
Role Entitlement
Authority to act in this area?
02
Competency
Qualifications verified?
03
Scope
Within programme scope?
04
Conflict of Interest
No self-review?
By the numbers

Risk Management in practice

Real-time
risk score updates when incidents or findings link automatically
Bow-tie
modelling for high-consequence risk scenarios across all industries
KRI alerts
trigger before risks escalate — proactive, not reactive safety
Why SIRAM

What makes this different

Not feature-by-feature — a fundamentally different architecture.

✦
Risk register that stays current automatically
Automated links between incidents, audit findings and risk records mean the register reflects current reality — not last year's assessment. No manual update cycle required.
✦
KRI monitoring is proactive safety
Most systems report on risks after incidents happen. SIRAM's KRI system monitors leading indicators and alerts before the incident — that's the difference between reactive and predictive safety management.
✦
Industry risk frameworks are additive
The core risk engine works for any industry. Activate the aviation pack and ICAO probability/severity scales load. Activate mining and critical control management is added. The platform doesn't change — regulatory precision does.

Ready to see Risk Management
in action?

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