WHAT IS CRISAM.AI?
CRISAM.AI develops and applies Artificial Intelligence methods for risk management in companies. Risks are thus detected in real-time and immediately displayed to the risk owner and risk manager.
Risk Management in real-time
In everyday business, risks are a central component of all company’s activities. Margins are getting tighter and competition on the international market is getting tougher. New companies are joining the competition, while established ones are undergoing major changes or withdrawing from markets. It is the handling of opportunities and risks that determines a positive company development.
CRISAM.AI therefore uses real-time methods and a coordinated set of sensors to analyze internal and external company data sources. Machine learning is used to learn normal states and automatically detect anomalies from them.
BREAKING NEW GROUND
WITH ARTIFICIAL INTELLIGENCE
CALPANA business consulting GmbH was the first European GRC provider to move its analytics engine to open platforms such as R and Python and is now once again leading the way in providing its customers with access to machine-based algorithms to identify risks..
For this purpose, a multi-year research cooperation with the University of Applied Sciences Upper Austria was agreed upon. Both research partners are specialists in their field. The University of Applied Sciences Upper Austria through the areas of Machine Learning and Natural Language Processing and CALPANA as an established method and solution provider with a focus on quantitative risk management.
In July 2020, the Austrian Research Promotion Agency (FFG) approved a six-figure grant for the research project.
REAL-TIME
IS THE WAY FORWARD
Real-time risk management means being able to make decisions faster. Therefore, the following targets are pursued in the research project:
Our targets
to achieve progress
> Identifying risks in real time
> Anomaly detection & real-time analysis
> Automation of risk changes in real time
> Escalation processes for changes in KPI
OUR TARGETS
TO ACHIEVE PROGRESS
> Identifying risks in real time
> Anomaly detection & real-time analysis
> Automation of risk changes in real time
> Escalation processes for changes in KPI
» ARTIFICIAL INTELLIGENCE METHODS ARE BECOMING THE KEY TECHNOLOGY IN COMPANY-WIDE RISK MANAGEMENT. IDENTIFYING RISKS IN REAL-TIME MEANS BEING ABLE TO POSITIVELY INFLUENCE THE COMPANY’S FUTURE TODAY. «
Günther Angerbauer
Managing Director CALPANA business consulting GmbH
YOUR INPUT
To train and improve the methods developed in the research project, we are looking for companies that provide training data on internal company risk-relevant data within the research project. Your data will be processed anonymously upon request.
YOUR BENEFIT
In return, you secure a place for your risk management in the future of risk management. You will receive favourable conditions for the product created following this research project.
» THE SPECIAL FEATURE OF THIS PROJECT IS THAT THE KNOW-HOW ON CORPORATE RISKS AND THE IDENTIFICATION OF CALPANA WITH THE KI METHODS DEVELOPED BY OUR RESEARCH GROUP FOR DATA ANALYSIS, ESPECIALLY OF MEDIA DATA IS COMBINED TO CREATE A MARKET-READY PRODUCT FOR COMPANIES. «
FH-Prof. Mag. DI Dr. Andreas Stöckl
Professor, University of Applied Sciences Upper Austria
ABOUT
UNIVERSITY OF APPLIED SCIENCES UPPER AUSTRIA
University of Applied Sciences Upper Austria – Research & Development delivers research and development results that are precisely aligned to the needs of industry and society through close networking with them, thus guaranteeing rapid implementability in industry and society. A total of 16 research focal points and 6 research platforms (Centers of Excellence), closely coordinated with the competence fields of teaching at the degree programs in Upper Austria, address the most current and important topics of the 21st century.
FH-Prof. Mag. DI Dr. Andreas Stöckl
Is professor for the area of web applications at the University of Applied Sciences Upper Austria at the Hagenberg campus and specialized on the area of Natural Language Processing.
About
Calpana
With over 500 customers and more than 15 years on the market, CALPANA is with its product CRISAM® one of the largest and most established Governance, Risk and Compliance (GRC) software providers in the German-speaking countries (Germany, Austria and Switzerland). CRISAM® is a method-based flexible standard solution, which is very intuitive for the end-user and presents complex issues in a simple way for the decision-maker through innovative analytics and dashboard functions. The owner-managed Austrian Linz-based company was founded in 2005 and has been represented by a subsidiary in Hamburg since 2019.
