Right-size your control environment with EY’s Risk and Control Optimizer

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.

EY’s solution leverages a robust library of standardized test scripts to automate the testing of common IT controls. This streamlined process reduces manual effort, improves testing quality, and provides real-time insights for both internal teams and external auditors.

Sector-based RCMs are pre-configured libraries of risks and controls tailored to specific industries (e.g., technology, insurance, industrial products). Developed by EY through years of gathered benchmarking data, and deployable through AuditBoard, these matrices accelerate readiness assessments, internal audits, and SOX compliance initiatives. They include standardized control objectives, testing procedures, and risk classifications, and can be customized to reflect client-specific processes and systems. The offering supports both revenue and non-revenue business processes and integrates with ITGC and entity-level control frameworks.