RiskFrame^® Modeler

Model and prioritize pipeline risk

RiskFrame^® Modeler allows you to model and prioritize risk by bringing together data from across the organization into a customizable risk-modeling environment. Easily create complex risk algorithms with Factor Builder and Formula Builder. Risk scores are generated for each dynamic segment along the pipeline ensuring the highest level of resolution into the risk scores. Built-in data processing dynamically integrates spatial and tabular data at runtime to maximize the goal of data integration. RiskFrame Modeler provides an interface and intelligence to build simple or complex risk models by validating risk algorithm structure and risk factor definitions. Reporting options allow you to extract and review data to develop risk and mitigation plans, with results shared for mapping and online analysis.

Audit Proven

RiskFrame Modeler has successfully passed regulatory scrutiny with numerous clients over many years. The success of RiskFrame Modeler comes from ability of users to defend and understand the risk modeling process, which provides transparency and justification to the risk results.

Data Library

RiskFrame Modeler allows for tabular and spatial data to be incorporated into a risk model with no preprocessing of data. The data library feature serves to house links to data throughout the organization and can simply be configured as the available data grows. The properties of each risk factor are easily configured and edited to seamlessly integrate new data into the risk model.

Project-Based Analysis and Archival

RiskFrame Modeler uses a project concept to manage how models proceed, offering model filters that restrict an analysis to certain lines or systems. When models run, a project archive is updated with the results of that particular pass. Archived reports are stored at the enterprise level, which can be easily retrieved and reviewed. Users can also save the risk model report locally to distribute it to users who may not have access to the database or for inclusion in the integrity management plan.

Flexible Risk Modeling

RiskFrame Modeler provides you with an easy, complete way of creating and running complex semi-quantitative risk and qualitative risk models. From start to end, the process of running a risk model and understanding the results are easy to understand and defend. Every factor is easily defined, every formula is validated and every report provides a variety of detailed information in a drill-down format. RiskFrame Modeler allows risk experts to easily build models without programming knowledge. Formulas and classifications are automatically validated which helps identify problems in the risk model.

What-If Scenarios

What-If scenarios allow you to select any pipeline segment and produce a dynamic report with all of the respective factors and formulas for the chosen segment. At this point, any of the factors or formulas can be edited to justify the most appropriate remediation activity by reducing risk and mitigating the expense. The What If scenario report also provides tools to better understand and defend the results of the risk model.

Mapping the Results

The mapping controls within RiskFrame Modeler have been targeted for the risk and integrity engineer in mind. Any factor or formula within your risk model can be displayed, identified, sorted, symbolized, labeled and exported. The mapping functionality is simple, fast, and intuitive; thus allowing engineers to gain valuable knowledge of the spatial risk results without being a GIS professional.