OneAdvanced launches AI risk platform in Australia

OneAdvanced has launched a risk management platform in Australia and New Zealand, including an AI tool called Risk Assist.

The product targets organisations facing heavier compliance demands and greater scrutiny from auditors and regulators in sectors including government, education, healthcare, finance and logistics.

The platform is intended to replace spreadsheet-based processes and fragmented risk records with a single system for identifying, assessing and tracking risks. It includes centralised risk registers for strategic, operational, programme and project risks.

Built into the workflow, Risk Assist is designed to guide non-specialist staff through risk assessments. It standardises risk descriptions against frameworks such as ISO 31000 or a customer's own taxonomy, while suggesting controls and mitigation steps.

Dashboards, reports and red-amber-green heatmaps are part of the reporting layer for executives and boards. The platform also tracks review dates, actions and assigned owners, with email prompts to support follow-up and accountability.

AI and governance

OneAdvanced said the AI runs on a self-hosted system and does not use customer data to train the underlying large language model. It also cited role-based permissions, multi-factor authentication and audit logs as part of the product's security model.

OneAdvanced recently obtained ISO 42001 certification, a standard focused on AI governance. The company said this should give customers assurance about how AI features such as Risk Assist are managed.

Adam Bowles, Country Director for Australia and New Zealand at OneAdvanced, said local organisations are under growing pressure to demonstrate compliance and operational resilience, making manual, reactive risk management less viable. He said the new platform is designed to simplify that complexity and broaden responsibility for risk across organisations.

Bowles said key features include centralised risk registers, one-click reports, interactive dashboards, dynamic red-amber-green heatmaps, AI-generated mitigation recommendations, automated tracking of review dates and actions, and security controls such as role-based permissions, multi-factor authentication and audit logs. He added that Risk Assist runs on a secure, self-hosted platform and does not use customer data to train the underlying model.

The launch adds to competition in software used by organisations to document risks, assign controls and show oversight to management and boards. Demand in the market has risen as businesses and public sector bodies face more formal reporting expectations and seek clearer lines of responsibility.

OneAdvanced sells software across procurement, workforce management and operational functions, and serves customers in sectors including government, aged care, mining, manufacturing and logistics. In Australia and New Zealand, named customers include TAFE Queensland, the University of Melbourne, NSW Health, Tourism Australia, QUBE Logistics and CDC Buses.

The company says it supports more than 20,000 customers globally. Its wider customer base includes organisations such as Virgin Money, the NHS and Care England.

Bowles said embedding Risk Assist directly into workflows is intended to help more employees contribute to risk identification while giving risk managers clearer strategic oversight.