Korvena GRC · Pilot-ready

The monthly risk workbook, governed

Korvena GRC replaces the enterprise risk-metrics spreadsheet with a governed reporting system — departmental KRI submissions with signed declarations, weighted scorecards with stress bands, escalation, and an audit trail your examiners can read.

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The problem

Every month, the same three failures

The chase

Risk teams chase departments over email for numbers, then chase again for explanations — and supervisors only hear about it after the deadline has already slipped.

The workbook

Figures are keyed into a spreadsheet with no validation, no attestation and no record of who changed what — then presented to the board as the institution’s risk position.

The drift

The scoring methodology lives in formulas one analyst understands. When it changes, history is silently rescored and nobody can explain last quarter’s numbers.

Capabilities

What Korvena GRC does

Governed submissions — per-department templates with typed, bounded inputs, previous-period context and clear deadlines.
Conditional commentary — explanations become mandatory the moment a metric breaches its target, enters stress or moves sharply against last period.
Signed declarations — submitters attest to accuracy and completeness, and returns lock on submission.
Controlled amendments — administrative corrections preserve the original submitted value alongside the change, with the reason and identity recorded.
Enterprise scorecard — weighted departmental scores roll up with recovery-activation stress bands and risk-appetite ratings, behind a controlled approval gate.
Escalation engine — scheduled reminders, supervisors copied automatically once the due date passes, and every delivery tracked and retried.
Versioned methodology — scoring rules, templates and metric definitions carry effective dates, so history is never silently rescored.
Defensible by design — role-based access, enforced multi-factor authentication and an append-only audit trail enforced at the database level.

How it works

From workbook to governed cycle in four steps

Define

Departments, weights, metrics and templates are configured from your existing risk pack — with regulatory limits mapped per metric.

Collect

Each period opens automatically; owners submit validated returns, reminders fire on schedule, and supervisors are escalated past the due date.

Score

The versioned methodology scores every metric, rolls departments into the weighted enterprise scorecard, and gates approval on weight integrity.

Report

Dashboards track completion, breaches and movements; exports and the audit trail are ready for board packs and examiners.

The difference

What changes when the workbook is retired

	The spreadsheet way	With Korvena GRC
Collection	Email chases and attachments	Scheduled submissions with automatic supervisor escalation
Validation	Whatever lands in the cell	Typed, bounded inputs with mandatory breach commentary
Accountability	Anonymous edits	Signed declarations, locked returns, attributed amendments
Scoring	Formulas one analyst maintains	Versioned, weighted methodology with gated approval
Evidence	Screenshots at audit time	Append-only audit trail and one-click exports

Bring your current metrics pack to the demo

Pilots migrate your existing workbook — departments, metrics, weights and scoring bands — into a governed cycle in weeks, with agreed success criteria before any commitment.

Request a Demo