RAP stands for Risk Assurance Platform and is provided by Viral Apps Ltd. It is a cloud subscription based business and project risk management system, designed to allow businesses to manage their overall risk exposure as part of their day to day activities. It can track any form of risk or associated action and assign responsibility for its ownership and mitigation to appropriate personnel. Being a cloud based application based on modern web application architectures and protocols,, it has been designed and can be accessed on any device with a web browser. Third parties involved in business operations can also be included and their risk activities tracked
Using actions, risk mitigation activities can be tracked and reported, giving users, management teams and the company executive consolidated reports on the risk process within the company.
A key aspect of the system is that it attempts to rate risks and issues consistently across the entire organisation in terms of how they impact the business as a whole. Risk co-ordinators ensure that risk assessments remain balanced and proportionate.
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