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Creating a risk heat map report
Who is this article for?Full Users who want guidance on creating a risk heat map report in Assurance.
Full User Type is required.
The risk heat map report is valuable for high-level reporting to your executive team, board, or audit and risk committee.
Configuring your risk classification
Selecting a unique colour for each risk classification will allow you to better visualise your risk heat map.
1. How to create a risk heat map report?
1. To run this report, select on Reports from the navigation menu.
2. Under the Built In Reports section, filter for Risks then select Risk Heat Map.
2. How to apply filters to the risk heat map report?
1. Use the filter bar to select which risk template you want to include in the report.
2. Select the As At date which determines the point in time your risk heat map will capture.
3. To add additional filter, select Add Another Filter and filter by fields such as Business Unit, Risk Flag, Risk Classification, or Risk Rating.
3. How to add a summary to the risk heat map report?
This report has two summary options, Risk Definitions and to Display Selected Active Filters.
1. Selecting the Risk Definitions option will include a summary of the Consequence, Likelihood, Risk Rating, and Control Rating Definitions.
2. Selecting the Display Selected Active Filters option will include the selected active filters underneath the report title.
4. How to export the risk heat map report?
You can export the risk heat map report as a PDF only. Select Export to export the risk heat map report as at a point in time.
Optional: Select the Risk Review Only box if you want to see risk movement from scheduled risk reviews only. Leave this unchecked to include all risk updates.
5. How to read the risk heat map report?
5.1. Risk heat map
The risk heat map shows where all risks sit at your selected point in time (As At date).
Understanding risk movement: Each risk displays a symbol showing how it has moved since the last risk update:
- ↑ Trending Upwards: Risk rating has increased
- ↓ Trending Downwards: Risk rating has decreased
- E Emerging: New risk that was not previously recorded
- ↔ No Change: Risk rating remains the same
5.2. Summary table
Below the heat map, you will find a summary table listing all risks included in the report.
The table includes the following columns:
- Risk Rating: The current severity level of the risk (e.g., High, Medium, Low)
- Movement Indicator: Shows how the risk has changed (e.g. ↑, ↓, E, ↔)
- Key: The unique identifier for each risk
- Title: The name of the risk
- Person Responsible & Business Unit: Who owns the risk and their Business Unit
Reading the table: Risks are sorted by rating, with the highest rated risks appearing first. Use this table to:
- Identify who is responsible for each risk
- Quickly spot emerging risks (marked with E)
- Track risks that have moved since the last review
- Click on any risk key to open the full risk details (if you have access)