Parapet® is a New Zealand-based startup founded in 2016, offering a cutting-edge Integrated Risk Management software. The platform is designed to empower organizations across various industries to effectively manage and mitigate risks, ensuring compliance with industry standards and best practices. With the capability to import relevant standards, regulations, policies, and procedures, Parapet® provides a comprehensive and trustworthy solution. The software features nine modules tailored to address different types of risks, including Enterprise Risk Management, IT Risk Management, Audit Management, Business Continuity Management, Remediation Management, Assurance, Compliance Management, Vendor Management, and Environmental Health and Safety. These modules enable comprehensive risk identification, assessment, mitigation, and monitoring, covering a wide spectrum of organizational risk needs. The Enterprise Risk Management module oversees overall organizational risks, while the IT Risk Management module focuses on information technology-related risks. The Audit Management module facilitates audit planning and execution, and the Business Continuity Management module prepares organizations for potential disruptions. The Compliance Management and Vendor Management modules ensure adherence to laws, regulations, and effective management of third-party vendor risks, respectively. The Environmental Health and Safety module concentrates on managing workplace and environmental health and safety risks. In conclusion, Parapet® offers a robust and holistic solution for managing various types of risks while ensuring compliance with industry regulations and standards. Whether addressing operational, financial, or compliance risks, Parapet® provides a comprehensive and reliable Risk Management platform to empower organizations to thrive in the face of challenges.
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