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Enterprise Risk Management Platform Modernization and Automation
  1. case
  2. Enterprise Risk Management Platform Modernization and Automation

Enterprise Risk Management Platform Modernization and Automation

itransition.com
Energy & natural resources
Manufacturing
Supply Chain

Identified Challenges in Industrial Risk Management Systems

The client faces difficulties with outdated monolithic risk management platforms limiting performance and flexibility. They require a scalable, modern system capable of supporting diverse regulatory compliance, real-time risk visualization, and seamless data migration for clients transitioning between software versions. Manual testing and release processes hinder rapid deployment, while fragmented integrations hinder operational efficiency.

About the Client

A large multinational provider of industrial risk management software serving high-risk sectors such as oil, gas, chemical, and pharmaceutical industries, with a global client base and extensive operational history.

Strategic Goals for Enhancing Industrial Risk Management Software

  • Implement a modular, microservices-based architecture to improve platform performance and hosting versatility.
  • Develop new features for preventive maintenance management, including role-based access controls, configurable workflows, and safety protocols.
  • Refactor frontend architecture to enhance UI/UX, ensuring performance stability during technology transitions.
  • Create a custom data migration tool enabling seamless transition of historical data between software versions.
  • Integrate the risk management platform with internal barrier health monitoring systems, shift management tools, and enterprise resource planning (ERP) systems like SAP.
  • Automate testing and deployment pipelines using cloud infrastructure to shorten release cycles from days to hours.
  • Develop real-time project health dashboards and automated reporting tools to improve decision-making and operational transparency.

Core Functional Specifications for Risk Management System

  • Microservices architecture supporting modular deployment and hosting choices
  • Preventive maintenance management module with visibility, workflow control, and role-based access
  • Frontend refactoring from legacy store to modern Redux architecture for improved UI/UX performance
  • Custom data migration tool to map and transfer historical risk assessments and maintenance backlog data across system versions
  • Integration with internal barrier health monitoring systems, shift management platforms, and ERP systems such as SAP
  • Automated deployment pipelines utilizing cloud infrastructure for environment creation, testing, and release management
  • Automated project reporting with dashboards and Power BI integration, reducing report generation time from days to seconds
  • Real-time graphical dashboards aggregating data from issue trackers, code quality tools, and security alerts

Technology Stack and Architectural Approach

Microservices architecture
Cloud deployment platforms (e.g., AWS or equivalent)
Redux Store for frontend state management
Power BI for reporting dashboards
Integration with CI/CD tools like TeamCity and Jira
Use of data encryption for personal data protection

Essential External System Integrations

  • Internal asset barrier health monitoring systems
  • Shift and process management platforms
  • ERP systems such as SAP
  • Code repositories, issue tracking, and security alert systems (e.g., GitHub, SonarQube)

Key System Performance and Security Requirements

  • Platform scalability to support 5,000+ clients globally
  • Performance benchmarks ensuring real-time data visualization and reporting with minimal latency
  • High availability and fault tolerance through cloud infrastructure
  • Data encryption and privacy compliance for personal and operational data
  • Automated testing and deployment pipelines for rapid release cycles

Projected Business Benefits and Efficiency Gains

The new risk management platform aims to significantly enhance operational efficiency, reducing manual effort and testing time from several days to hours. It will enable real-time risk monitoring and faster decision-making, leading to improved safety compliance and client satisfaction. Automation and modernization are expected to support scalable growth, sustaining the client’s competitive advantage in high-risk sectors.

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