Guideline Risk Technologies

The world's finest system for handling operational risk

The RUBI System is compliant across industry standards

RUBI is a best-practice risk management system and therefore covers the entire spectrum of rules, regulations, compliance, reporting and controls affecting business and industry worldwide.

Establishing and proving regulatory compliance governing a particular business or industry must surely be one of the main considerations when choosing an effective risk management system. In recent years, several well-publicized meltdowns of major businesses and financial institutions have led to new and stricter rules and regulations. For instance, compliance is now monitored and enforced in the banking industry with severe penalties for failing to abide by the rules.


Basel II One of the first upgrades in compliance affected the banking industry when the 1988 Basel Accord on Risk Management was extended into the new Basel Capital Accord of 2001. This accord, commonly known as Basel II, highlights operational risk as one of the major risk types along with credit and market risks. Finalized in mid-2003, the accord focuses on the management and measurement of operational risks in order to allocate a capital charge for them. Guideline Risk Technologies developed the RUBI system to handle all requirements of the Basel II Accord. RUBI is currently in use by major banking institutions and has been thoroughly customized to handle all Basel II operational risk types, causes, and categories. Although the Basel Committee focused on the banking industry, the main principles for the management of operational risk remain the same for most areas of commerce and industry. Many organizations are now establishing some form of operational risk management structure and control. Guideline, through the customization of the RUBI system, is contributing worldwide to this overall improvement in the management of operational risk in business, financial and governmental organizations. Sarbanes-Oxley The Sarbanes-Oxley Act went into effect in July 2002, and changed the corporate landscape in the United States with regard to financial reporting and auditing for publicly traded companies. The law establishes stringent financial reporting requirements for companies doing business in the United States. Among other things, the act requires internal controls over financial reporting. The rules advocated require that an organization provides an internal control report containing assessments by management of the effectiveness of internal controls over financial reporting. Guideline’s RUBI system establishes an environment of strict internal control and reporting within organizations to ensure complete compliance with Sarbanes-Oxley.				ISO ISO is an acronym for the International Standards Organization, an organization working with the United Nations to maintain standards for all applications of technology across global industry. The RUBI system covers many aspects of ISO for large organizations and helps them comply with ISO standards. Using RUBI, clients can set up custom audits based on ISO standards and protocols. Management is given a clear view of what is actually occurring in the company in relation to these standards. The RUBI system will show where a company is complying and where it is falling short, giving management the opportunity to correct itself. SHERQ SHERQ is an acronym for Safety, Health, Environment and Quality assurance and is considered of vital importance to organizations around the globe. RUBI caters to and can be customized for SHERQ requirements in any industry or business type. RUBI provides SHERQ audits and allows for assessment and capture of all SHERQ-related incidents occurring within the business. COSO COSO refers to a document produced by the Committee of Sponsoring Organizations of the Treadway Commission which gives common definition to internal controls, standards, and criteria against which companies and organizations can assess their control systems. It is one of the most widely-accepted frameworks for the audit of internal controls. Since RUBI provides an integrated and comprehensive system of internal control, it fulfills the needs that companies have for a system to measure compliance with COSO standards.

Next: Applicable Industries ››