Decipherisk is operations risk software that provides a complete solution, purpose-built for credit unions, building societies and other mutual ADIs - all for just $299* pm.
Key features of Decipherisk:
A web-based solution, established around credit union products and structure
Unlimited user license with flexible user access privileges
Simplicity in set up and use (most credit unions do not have a dedicated risk manager)
Access to a database of over 600 credit union risks and risk mitigants
Risk benchmarking between participating credit unions
Flexible reporting to MS Office
Manage your operations risk easily with Decipherisk
Clearly defined risk and risk mitigation accountabilities and timeframes
Cause and impact of risk analysis
Cost versus benefit analysis
Risk – post implementation of mitigation analysis
Budget versus actual cost analysis
Flexible reporting to MS Office
Simple all-inclusive package
The Decipherisk all-inclusive package gives you software, hosting and ongoing support - all for a simple low monthly fee.
The Decipherisk package gives you
an ongoing licence to use the Decipherisk software
an unlimited user licence
setup and establishment support
assistance with migrating your existing risk database or using the Ernst & Young Credit Union Risk Database
secure hosting of your data with high levels of firewall protection and redundancy protection
benchmarking support in comparing your risk data with that of other credit unions (subject to their approval)
ongoing phone support for operational issues
system upgrades as agreed each six months
The Decipherisk package is a simple monthly fee
$299* pm
once-only set up fee of $350*
all inclusive - no other charges
paid automatically by direct debit to Shared Services Pty Limited
Ernst & Young Credit Union Risk Database
The discounted fee to obtain unrestricted use of this database is $7,500*.