Risk Management Goes MobileBy Citicus Ltd, PRNE
Tuesday, November 30, 2010
LONDON, December 1, 2010 - Citicus MoCA for the iPhone, iPad or iPod touch is launched today by
Citicus Limited. This premier-quality business app is the first that enables
decision-makers to identify the business impact of their organization's
assets and processes being disrupted. This is a prerequisite for managing key
areas of risk effectively. Using Citicus MoCA, people on the move can
evaluate the 'what's at stake' side of the risk equation using a sound,
easy-to-use, business-oriented technique that objectively measures the
criticality of assets and processes their organization depends on.
Citicus MoCA can be downloaded (
www.apple.com/itunes/affiliates/download/) free from the App Store.
Its simplicity of use and deployment will help stakeholders to assess
criticality, cheaply, quickly, effectively and consistently - providing a
solid foundation for managing risk well. It enables them to discover, assess
and highlight the relative importance of their information resources,
supplier relationships, supplied products or services, sites and any other
types of asset or process they depend on.
Decision-makers can use Citicus MoCA to identify the business impact of
assets being disrupted from different perspectives. Worst-case loss scenarios
are used to identify the types of harm that could ensue and the severity of
each type. As soon as an assessment is complete, striking graphical results
are presented on the user's iPhone, iPad or iPod touch, highlighting the
asset's calculated criticality rating, maximum credible loss, and required
By using Citicus MoCA's free companion processing service - Citicus
Barista - users gain access to results produced by Citicus' award-winning
Citicus ONE risk and compliance management software. These results are
delivered in PDF form - including a criticality status report for circulation
to asset 'owners' and other stakeholders.
Existing Citicus ONE customers can integrate Citicus MoCA's mobile
capabilities with their organization's risk and compliance system, and can
customize the criticality assessments presented by Citicus MoCA.
A Citicus MoCA development kit is available to allow criticality
assessments to be uploaded to any other system that supports Citicus MoCA's
prescribed web service - enabling the application to be implemented as part
of any organization's enterprise-wide risk programme.
Marco Kapp, director at Citicus who led the development says, "Citicus
MoCA is a revolutionary risk application. It puts a top-quality tool in the
hands of people who can collectively raise risk management to the next level
and it's part of an unstoppable trend towards 'consumerization of IT' that we
support with passion. It's designed from the outset to be a popular,
user-friendly, tool that people can relate to and enjoy using on their
iPhone, iPad or iPod touch. It employs a proven method of putting a value on
the 'what's at stake' side of the 'risk equation.' Until now, this has been
hard to identify with precision. The consequences of getting it wrong can be
terminal for businesses - thus we see Citicus MoCA as a real game-changer."
Sian Alcock, who directs Citicus MoCA's design team adds, "We've broken
new ground in enabling people to assess maximum credible losses on a small
screen - our innovative 'harm spinner' (patent pending) is outstanding and
has the 'wow factor' that users expect in the iPhone/iPod/iPad environment."
Simon Oxley, managing director at Citicus adds, "This latest
addition to our family of risk and compliance solutions is easy to use and
delivers great results. By providing Citicus MoCA free of charge we hope to
make risk assessment more accessible and we believe the app will improve
organizations' risk and governance efforts. We're really looking forward to
seeing it in the hands of a wide community of people with an interest in
managing risk well and gaining their feedback on its capabilities."
You can download Citicus MoCA from
its supporting User Guide from www.citicus.com/citicusmoca
and screenshots from
About Citicus (www.citicus.com)
Citicus Limited (www.citicus.com/index.asp) was formed in
2000. Its award-winning Citicus ONE risk and compliance management software
has been implemented in public (www.citicus.com/customers.asp) and
private (www.citicus.com/customers.asp) sector enterprises of all
sizes around the world, and Citicus' partnership relationship with customers
helps them implement and run their risk programmes successfully.
For more information contact: Nick Hall, Citicus media relations, tel +44(0)7949-111-174, e-mail media.relations at citicus.com.; Simon Oxley, Marco Kapp or Sian Alcock, Citicus Ltd, tel +44(0)20-7203-8405 e-mail info at citicus.com.
Tags: Citicus Ltd, December 1, England, London