Smithware module

RiskIQ

Quantify exposure with Monte Carlo stress tests and automated mitigation packs.

RiskIQ simulates correlated shocks, blends actuarial curves, and outputs heatmaps, playbooks, and loss projections.

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Module identity

Smith International Partners wordmark
Smith International Partners logo

What customers can do

  • Monte Carlo engine with fat-tail distributions
  • Industry-tuned scenario templates
  • Mitigation library with owner assignment
  • Real-time heatmaps for board-ready storytelling

What this module does

Clear capabilities and outcomes so operators can assess fit in minutes.

Capabilities

Operator workflows

  • Monte Carlo engine with fat-tail distributions
  • Industry-tuned scenario templates
  • Mitigation library with owner assignment
  • Real-time heatmaps for board-ready storytelling

Business outcomes

What teams gain

  • Cuts time-to-scenario creation from days to minutes
  • Aligns mitigation ownership with operational reality
  • Feeds risk posture signals into OmniScan + SupplyChainIQ

Cross-module integrations

Data handoffs and automations this module powers across the Smithware suite.

  • SupplyChainIQ supplier risk scores
  • ProcessIQ incident logs for loss calibration
  • AlignIQ forecasting variance inputs

Scenario simulator

Explore correlated shocks, mitigation levers, and residual risk targets with the in-browser Monte Carlo dashboard.

RiskIQ Dashboard

Current Risk Score: 0.00

Risk posture presets

Refreshed Oct 13, 2025, 9:55 PM. Aggregate exposure shift 0.36 with 1 high-exposure sector flagged.

Manufacturing – Core Operations

Exposure 0.64 • Residual 0.41

Exposure delta
0.23
Variance
0.19

Loss drivers

  • supplier disruption 28%
  • equipment outage 23%
  • labor shortage 19%
  • cyber intrusion 17%
  • compliance break 13%

Controls

  • vendor monitoringdeployingSupplyChainIQ PMO

    Telemetry contract executed; onboarding 18 critical vendors.

  • equipment sparesin-progressOperations

    Finance pre-approved budget; procurement cycle kicked off.

  • cyber ransom responsereadySecurity

    Playbook validated with tabletop exercise Jan 12.

Recommended mitigations

  • Activate dual-source plan for tier-2 suppliers via SupplyChainIQ.
  • Sync DeviceIQ anomaly feeds to nightly production stand-ups.
  • Expand overtime pool trigger when labor risk exceeds 0.6 threshold.
Gaps
  • Activate dual-source plan for tier-2 suppliers via SupplyChainIQ.
  • Sync DeviceIQ anomaly feeds to nightly production stand-ups.
  • Expand overtime pool trigger when labor risk exceeds 0.6 threshold.

Retail – Omnichannel Portfolio

Exposure 0.59 • Residual 0.46

Exposure delta
0.13
Variance
0.16

Loss drivers

  • inventory sellthrough 26%
  • fraud activity 22%
  • logistics delay 20%
  • price volatility 18%
  • store safety 14%

Controls

  • markdown automationin-progressMerch Ops

    CFO approval received; guardrail rollout scheduled 2025-10-18.

  • fraud analytics feeddeployingFinance Tech

    First provider integrated; next provider targeted Jan 22.

  • carrier capacityin-reviewLogistics

    Revised contracts with expedited carrier in legal review.

Recommended mitigations

  • Deploy AlignIQ markdown automation pilot for high-risk categories.
  • Enable fraud telemetry ingest for top five payment providers.
  • Stand up contingency carriers for holiday peak lanes.
Gaps
  • Deploy AlignIQ markdown automation pilot for high-risk categories.
  • Enable fraud telemetry ingest for top five payment providers.
  • Stand up contingency carriers for holiday peak lanes.

Scenario heatmap

Supplier cyber outage

Likelihood
30%
Impact
62%

Port congestion

Likelihood
37%
Impact
49%

Payment fraud surge

Likelihood
36%
Impact
46%

Regulatory fine

Likelihood
23%
Impact
52%

Status snapshot

Portfolio exposure readiness

Blends control posture QA, scenario mitigations, and simulation stats into an export-ready bundle for Smithware dashboards.

Generated Mar 2, 2026, 7:12 AM

High exposure sectors

1

Manufacturing – Core Operations

Controls pending

5

0 blocked controls waiting on approvals or resources.

VaR (95)

$2,057,155

Tail expectation $2,107,638.

Status JSONStatus CSVStatus CSV (full)Scenarios export

Control alerts

  • Fraud analytics feed slipping

    warning

    Provider #3 integration is behind schedule; finance tech team escalating to vendor success.

  • Supplier dual-source approved

    success

    SupplyChainIQ confirmed budget to accelerate tier-2 dual-source onboarding.

Mitigation focus

  • Dual-source supplier activation

    in-progress · SupplyChainIQ PMO

    Due Nov 10, 2025, 12:00 AM

  • Fraud telemetry feed onboarding

    deploying · Finance Tech

    Due Nov 8, 2025, 12:00 AM

  • AlignIQ markdown guardrails

    pending · Merch Ops

    Due Nov 12, 2025, 12:00 AM

Spotlight scenario

Supplier cyber outage

Severity 19.0%

Ensure cyber incident bridge aligns with vendor notifications.

Mitigation recommendations

Highest-impact alerts, mitigations, and QA findings with next actions for the executive review.

Alert: Fraud analytics feed slipping

medium risk

Provider #3 integration is behind schedule; finance tech team escalating to vendor success.

Action: Validate exposure and align mitigation owners.

Alert: Supplier dual-source approved

low risk

SupplyChainIQ confirmed budget to accelerate tier-2 dual-source onboarding.

Action: Validate exposure and align mitigation owners.

Alert: Regulatory audit window

low risk

Compliance requesting final evidence packs for Q4 audit; ensure reporting templates are synced.

Action: Validate exposure and align mitigation owners.

Mitigation: Dual-source supplier activation

medium risk

Owner SupplyChainIQ PMO, status in-progress, due 2025-11-10

Action: Advance mitigation status and publish evidence to board pack.

Mitigation: Fraud telemetry feed onboarding

medium risk

Owner Finance Tech, status deploying, due 2025-11-08

Action: Advance mitigation status and publish evidence to board pack.

Mitigation: AlignIQ markdown guardrails

medium risk

Owner Merch Ops, status pending, due 2025-11-12

Action: Advance mitigation status and publish evidence to board pack.

Control: vendor_monitoring

medium risk

deploying in sector manufacturing-core

Action: Resolve control blockers and rerun posture QA.

Control: equipment_spares

medium risk

in-progress in sector manufacturing-core

Action: Resolve control blockers and rerun posture QA.

Simulation stats

Mean loss
$1,648,633
Standard deviation
$252,237
VaR 95
$2,057,155
Tail expectation
$2,107,638

Mitigation packs & hand-offs

  • Preset playbooks with clear owners and escalation triggers
  • Exports board-ready decks with risk storylines and budgets
  • Feeds supply and inventory actions back into OmniScan & SupplyChainIQ
SIP logo

Customer vignette

RiskIQ + CarbonIQ enterprise resilience

“The leadership team finally sees the quantified risk story without grabbing spreadsheets. Smithware ties actions together.”CRO, Beacon Manufacturing

Beacon uses RiskIQ to simulate shocks, CarbonIQ to map sustainability exposure, and SupplyChainIQ to operationalise risk mitigations across its network.

Loss scenario coverage

95%

Mitigation runway

+9 weeks

Board review prep

▼ 50% time

Customer value

Updated Nov 3, 2025. RiskIQ helps teams evaluate exposure faster and align decisions around clear financial impact.