For risk managers: a register you can explain.
A rating you can't explain is a rating you can't defend. TruOps ties every rating to the evidence behind it and keeps your register current.
Loss exceedance
Chance that a year’s losses exceed each amount
Top risks in dollars
Expected annual loss, after and before controls
Residual risk exposure
In dollars, against the risk appetite the board set
For risk managers, TruOps keeps a live risk register rated on likelihood, impact, and velocity, with dollar values and heat maps. It's fed by assessment findings and documents, duplicates merge automatically, and every score traces back to its evidence.
- You can't explain your risk register
- Findings either never become risks or every one becomes a duplicate
- Leadership asked for dollar figures
What the job asks of you
- Keep the register current as the business changes.
- Explain and back up every rating.
- Talk about risk in the terms leadership uses.
- Track treatments through to completion.
The challenge
A risk register updated only for committee meetings is a report. Ratings need to trace back to evidence to hold up in the room, and dollar figures entered by hand are only as current as the last workshop.
- Security, vendor, and operational risk each keep their own list.
- Either every scanner finding became a risk, or none did.
- Inherent and residual risk got mixed up at intake.
What you're probably using today
Risk managers often juggle a GRC risk module, a quantification workshop, and a spreadsheet the GRC team doesn't use.
| What you use now | Where it falls short | With TruOps |
|---|---|---|
| Enterprise GRC suites | They can model almost anything, but that flexibility usually runs through implementation partners and admins, so every change turns into a project. | AI reads your existing documents and sets up the program. Your first assessment opens pre-filled with sources, and you make changes by asking in plain language. |
| Spreadsheets, shared drives, and email | Your program lives in folders named after last year's audit. Owners paste screenshots the week before fieldwork, and nothing is dated, so you can't show what was true last quarter. | Upload those same files. TruOps pre-fills the assessment from them, cites every answer, and keeps technical checks running so you have evidence for the whole period. |
| Point tools that don't connect | A TPRM portal here, a risk register there, findings in your ticketing tool, and the board pack in slides. Each tells its own story, so leadership gets three different answers. | One place for assessments, evidence, and risk. Upload a document, answer a question, or check a control once, and it counts everywhere it applies. |
What this role works on
Here's what this role is responsible for, and what good looks like when a board, examiner, auditor, or engineer asks.
| Use case | What good looks like |
|---|---|
| A register that updates itself | Risks drafted from assessment findings, SOC 2 exceptions, and scans, then confirmed by you |
| Ratings you can back up | Likelihood, impact, and velocity with the evidence behind each one, so "why is this high?" has a clear answer and a source |
| Inherent risk first, residual risk after evidence | Vendor and process risk start at inherent, and residual risk only changes once controls and treatments are on record. See inherent vs. residual risk |
| One risk per issue | When a control assessment and a vendor review find the same gap, they merge into one risk |
| Treatments with end dates | Accept, mitigate, transfer, or avoid, with an owner and a date. Accepted risks reopen when the date arrives |
How TruOps helps
- Risks drafted from findings, SOC 2 exceptions, and scans.
- Your own factors and formula, with AI-suggested ratings a person confirms.
- Risk in dollars: expected annual loss and a loss exceedance curve against your tolerance.
- The same register as ratings, a heat map, or dollars.
- Treatments and accepted risks with expiry dates that reopen automatically.
Questions
Can I configure my own risk methodology?
Yes. Set your own factors, scales, and formula. Likelihood, impact, and velocity come built in.
Is this FAIR?
TruOps quantifies risk in dollars from frequency and loss ranges, and shows expected annual loss and a loss exceedance curve, the same building blocks FAIR uses. Your team sets the ranges and approves the numbers.
Who approves a rating the AI suggested?
A person. Suggested ratings are drafts with sources. Residual risk updates as treatments and controls change, once those decisions are recorded.
Do we have to rip out the tools we already use?
No. TruOps connects to your cloud, identity, endpoint, vulnerability, and code tools. Spreadsheets, prior reports, and policies upload into the Data Room. If you're moving from a SOC 2 automation tool or an enterprise GRC suite, you bring over your frameworks, evidence, vendors, and risks.
Related
Risks from anywhere, drafted by TruPilot, approved by a person, and tracked in ratings or dollars.
→Use casesRisk registerA live register with every rating explained, built from what you already know.
→LearnRisk quantificationExpressing risk in dollars.
→LearnInherent vs. residual riskRisk before controls, and risk after them.
→See it run on your own data.
Book 30 minutes with a GRC specialist. Bring a real document, like a SOC 2 report, risk register, or vendor list (redacted is fine), and we'll show TruOps AI working on it.