What Is the Risk Library?
The Risk Library feature allows Admin Users to create and manage standardized Risk Templates that can be reused across the organization. These templates support faster, more consistent risk creation by Standard Users.
There are two ways to create Risk Templates:
Manually by Admin Users
From shared libraries curated by Tracker Networks or advisory firm partners (if enabled)
📌 Risk Library functionality is optional. It must be part of your subscription and enabled by a System Administrator.
How Users Access and Use Risk Libraries
Once enabled, Standard Users (with permission) can browse approved libraries and use templates to create new risks.
This streamlines the risk creation process and promotes consistency in how risks are categorized, scored, and described.
Read-Only Users cannot access Risk Libraries.
Admin Users automatically have access to all libraries.
Creating and Managing Risk Libraries (Admin Only)
To create and manage libraries:
Go to the Risk Libraries Admin Tab.
Click “Create New Library”.
Name the Library and assign Standard Users who should have access.
Admins can:
Edit a library name by clicking on it
Delete a library
Merge one library into another (transfers both templates and user access)
Merging deletes the original library after transferring its contents and permissions.
Benefits of Using Risk Libraries
Save time by eliminating repetitive manual risk entry
Promote best practices and standardized risk language
Support large teams with role-based access to curated risk examples
Enable advisory-supported risk frameworks via shared libraries