RisGen has been shortlisted in the "risk management product of the year" category at the 2004 Strategic Risk European Risk Management Awards.

All enterprises, whether private or public sector, are experiencing a growing contention among their different stakeholders that is increasing the amount and intensity of management attention that must be paid to the objectives of the enterprise, and the manner in which these are met. Risk management has become an integral part of the management of these objectives, and of corporate performance - no longer is it an arcane technical domain.

(PRWEB) April 1, 2004 -- The RisGen software helps companies develop an integrated approach to risk management and is the first risk management software to have been accredited by the Institute of Chartered Accountants in England and Wales.

A growing number of major companies are already using Line Internationals risk management strategy, including Siemens Transportation Systems, Goodrich defence Systems, QinetiQ, Yell Limited, the Land Securities Group and the NHS Prescription Pricing Authority.

David Bartlett, Director of Finance at Siemens Transportation Systems, said of RisGen: There is a richness of functionality, which satisfied the most demanding specialists, combined with an ease of use, which attracts staff to access the dynamically maintained data, who might not otherwise see themselves as risk managers."

Rotherham Metropolitan Borough Council selected RisGen following the recommendations issued by the Central Government and Audit Commission. Steve Merriman, Head of Risk, said: The utilisation of RisGen in a facilitated risk workshop approach is helping spread the risk management message and drive culture change."

RisGens qualities have been further promoted by the inclusion of another of Line Internationals customers in final stages of the Risk Management Awards.

North Yorkshire County Council has been shortlisted in the category for the "Best Risk Management Approach in the Public Sector" and says the RisGen software was a key element in getting risk management on the corporate agenda.

RisGen is a key tool for organisations which need to demonstrate compliance with the requirements of effective corporate governance worldwide, as well as embrace risk management across their organisations and through their supply chains.

RisGen has been selected by organisations in Defence, Healthcare, Utilities, Construction, Central & Local Government, Engineering and Global Enterprises.