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Our Technology

10 years of proven innovation and operational excellence

Ranked #1 software application for barrier management by Verdantix. RiskPoynt’s barrier management software helps organizations visualize integrity, gain control, and operate safely any time any place.

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Blue Angles

Create a Stronger Safety Culture
Through More Intuitive Real-Time Data

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Significant process and operational savings

Catastrophic risk avoidance

Improve productivity on capital assets

The first software to integrate real-time asset telemetry into day-to-day management of operational risks, RiskPoynt translates complex risk assessments for each safety barrier into visual displays that are easy to interpret and act on by people at all levels of your organization, locally and globally.

Green Angles

Why Choose RiskPoynt?

Trusted by leaders in the oil and gas industry, RiskPoynt puts real-time barrier status in the hands of frontline operators – supporting a culture of Operational Excellence.

1

Define the ‘Right Activities’ Using Our ‘What If’ Scenario Capabilities

Integrates asset health analysis and worker safety systems to provide real-time risk management across assets and workers. Having a ‘single pane of glass’ view into risks posed by assets, workers, and processes is becoming increasingly important for customers. RiskPoynt’s ‘What if’ technology utilizes real-time data to test scenarios and prioritize resource allocation.

2

Plug and Play

Easy to understand, Barrier Health Visualization tool that can be easily implanted and integrated with existing IT and business software systems. RiskPoynt’s software doesn’t require many developments from scratch.

3

Cloud Deployed; SaaS Enabled

Innovative, cloud deployed SaaS-based, enterprise application leverages the power of IoT to deliver actionable information. RiskPoynt will show you a level of risk exposure and provide you with the guidance on what to do when you face a particular hazard scenario. It’ll allow you to do “what-if” analysis and track planned activities and remind you of what you have to do and when you have to do it.

4

Quantitative & Qualitative Tools

For the first time, our software combines validated human input from live operators with automated input from maintenance, operation, and production systems to provide a holistic view of real-time operational safety barrier health. We use both layers of protection analysis (LOPA), probability of failure on demand, and risk matrices to calculate the cumulative risk visualization (CRV).

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Reduce Risks and Increase Productivity With RiskPoynt

Manage Mitigation Streams

  • Asset Integrity barrier health represents operation risks displayed through our data visualization dashboards
  • Status reports clearly denote potential safety barrier risks for every asset in your portfolio.
  • Records of pending actions that require review, endorsement, or follow through are displayed on the homepage providing transparency and accountability.

Realize Higher Production

  • Ongoing operation savings: reduced loss of production, focus on safety critical elements when planning and validation of primary and secondary risk mitigation events combined with effective management of inter-related dependencies.
  • Major event cost avoidance from loss of life to environmental catastrophe are integral to protecting a company’s reputation and shareholder value.

Foster Your Accountability Culture

  • Workflow and accountability is managed within the tool that seamlessly integrates with other decision support and execution systems.
  • RiskPoynt provides everyone with the same transparent risk data as well as workflow processes that align peer review, endorsement, and execution of safety-critical tasks.

Foster Your Safety Culture

  • The system provides accurate and timely regulatory and compliance reporting. RiskPoynt is in compliance with PSA risk-based regulation, management regulations on barriers and performance-based regulations; EU OSD; UK HSE SCR; UK Oil & Gas; IOGP Management of SCE.
  • RiskPoynt assures that proper mitigation measures are put in place and properly executed upon. The tools available in the software assure that mitigation measures are tracked to completion.