.png)
Enterprise Risk Maturity Framework
A cloud-based self-assessment tool to gauge risk management across nine pillars of risk. Align to Board risk appetite, benchmark against peers, and track progress over time.
Score Your Risk Maturity Across Nine Pillars
A diagnostic and prescriptive self-assessment tool to elevate an institution's enterprise risk management program and track progress over time with risk improvement activities.
Benchmark Against Your Peers
Compare your institution’s risk maturity to industry peers using standardized scoring, identify strengths, reveal gaps, and support informed decisions with contextual insights grounded in real-world benchmarks.
Educate the Board & Executive Team
Provide leadership with clear, digestible insights into current risk maturity, empowering more effective oversight, strategic alignment, and informed decision-making on risk governance priorities.
Set Future Maturity Goals
Facilitate forward-looking conversations at the board level to define your desired risk maturity state, guided by benchmarks, current assessments, and long-term institutional strategy.
Build a Risk Roadmap
Translate assessment findings into a targeted roadmap of risk improvement activities, complete with milestones, owners, and timelines to drive meaningful progress over time.
Report Progress to Regulators
Communicate maturity progress with clarity through structured metrics, dashboards, and documentation—reinforcing regulatory compliance and your institution’s commitment to continuous risk improvement.
Manage Risk Improvement Activities
Track, assign, and oversee maturity-building initiatives from a centralized platform—ensuring accountability, visibility, and follow-through across all departments and stakeholders.
“The RMF tool provided validation of where the bank was in the maturity of our risk management. It gave us a roadmap to get to where we want to be in the future”
VP Risk Management, Blackhawk Bank
Track Risk Activities and Compare
Maturity Against Peers
After completing the risk maturity self-evaluation, users will get their results via Lumio, The Holistic Risk and Business Intelligence Platform. Completing the online evaluation is an opportunity to self-evaluate your risk maturity and receive a plan of action that your risk team can immediately implement.
Leverage Peer Benchmarking
Understand how your institution’s risk maturity compares to industry peers, revealing any gaps or opportunites for growth. Lumio delivers peer-group benchmarks (segmented by asset-size) directly to your dashboard, making it easy to target and track improvement opportunities.
Identify and Prioritize Risk Gaps
Pinpoint exactly where your risk management program falls short and focus resources where they’ll have the most impact. Lumio turns these insights into a prioritized action plan and provides users with risk improvement activities.
Monitor and Track Progress
Ensure your risk maturity evolves in the right direction with clear, ongoing measurement of key improvement areas. Lumio offers dashboards and visual trends so leadership can see progress quarter over quarter.
Explore Other Lumio Risk Apps
.webp)
Enterprise Risk Management (ERM)
Whether responding to regulatory pressure, enabling board oversight, or strengthening internal controls, Lumio simplifies ERM with configurable frameworks, centralized data, and timely insights. It's not just risk management, it's risk intelligence.
✓ Mitigate Hidden Factories
✓ Execute Against a Strategic Risk Management Plan
✓ Transform Raw Data into Normalized KRIs
✓ Track & Report on Risk Improvement Activities (RIAs)
Risk and Control Self-Assessment (RCSA)
Lumio RCSA is more than just a tool; it’s a strategic asset designed to empower your institution to thrive in the face of uncertainties. Say goodbye to multiple-system management, as the RCSA is integrated within Lumio’s Risk Suite, creating a centralized hub for your risk program.
✓ Tailored to Your Uniqe Institution
✓ Enables Full Control of the Self-assessment Process
✓ Flexible Hierarchy Creation
✓ Integrated & Rolls-up to ERM & Accessible To All Users
Program Risk Assessment
Lumio’s integrated risk assessment tools are informed by regulatory guidance and maintained by our in-house team of risk professionals. Retire manual processes and outdated excel templates by leveraging Lumio to execute your program risk assessments.
✓ Centralize & Automate Systems
✓ Enhance Efficiency & Productivity
✓ Enable Risk Visibility
✓ Gain Regulatory Confidence
Risk Maturity Framework
Learn how Lumio's Enterprise Risk Maturity Framework, a diagnostic and prescriptive self-assessment tool to elevate an institution's enterprise risk management program and track progress over time.
✓ Engage & Educate Leadership
✓ Identify & Prioritize Risk Gaps
✓ Monitor & Track Progress Over Time
✓ Leverage Peer Comparison Benchmarketing
FinTech Risk Management
Confidently enter FinTech partnerships with a better understanding of the capabilities and associated risks of each partner. With Lumio's FinTech Risk Framework and self-assessment tools, you can identify improvement areas, develop a roadmap to enhance risk infrastructure, and evidence progress to regulators
✓ Assess Company-Wide FinTech Competence
✓ Identify New FinTechPartners & Onboard
✓ Conduct Periodic Risk Assessments
✓ Data-visualization & Detailed Reporting
.webp)
.webp)
