🚨 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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