EY’s Dynamic Risk Assessment: Data-Driven Risk Intelligence
EY’s Dynamic Risk Assessment (DRA) solution transforms traditional risk assessments by combining data-driven logic with customizable models tailored to client environments. Integrated with AuditBoard’s OpsAudit and RiskOversight modules, DRA enables real-time risk visibility, reduces auditor bias, and directly informs audit planning. This solution empowers organizations to make smarter, faster decisions with consistent, scalable, and stakeholder-aligned insights.
Transform risk evaluation and drive smarter audit planning
Dynamic Risk Assessment is a digitally enabled, data-driven solution developed by EY to modernize how organizations evaluate risk. It aggregates qualitative and quantitative inputs, such as risk indicators, entity data, and external metrics, into a customizable logic model that quantifies risk and reduces subjectivity. When integrated with AuditBoard, DRA outputs feed directly into the audit planning process, enabling a continuously refreshed view of risk. The logic remains external to AuditBoard, allowing for flexible deployment in EY or client environments, while the results are seamlessly visualized and managed within AuditBoard’s risk modules.
Solution benefits:
Data-Driven Results- Multi-Dimensional Risk Visibility
- Digitally-Enabled Stakeholder Insight
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