Document and categorize loss events, link to related risks, and record recovery activities for efficient governance of your loss events. Ensure consistency of loss and recovery data across your organization by aggregating information within Xactium’s web-based solution.

Categorize loss events according to BASAL II categories. Easily extend these categories to include other types of loss events. Also, capture the date of loss and the source of the loss.

Utilize real-time reports and dashboards to present a holistic view of loss events by category, financial impact, status and more. Show losses as they occur over time and identify key trends. Access the reports from multiple devices, including mobiles.

Use the platform's powerful workflow and approval processes to manage loss event escalation and notification, depending on the loss amount and the source of the loss.

Easily link loss events with other parts of your GRC program, including risks, policies, procedures and controls. Gain a holistic view of their impact across the organization.

Provides full support for the entire loss event lifecycle, and can be rapidly adapted to specific loss event procedures.

Rapid return on your investment from a loss event management solution that you can implement out of the box or easily tailor to your needs through point-and-click configuration - in days not months.

Out of the box workflows and approval processes to ensure efficient handling of loss events, depending on their characteristics.

Fast and simple web-based deployment of the solution to multiple users on multiple devices, with easy customization of user profiles, and no requirement for re-installation of new versions of the solution.