LossLedger

LossLedger is a web app (with optional mobile capture) for financial institutions to log operational risk events and near-misses with audit-ready evidence. It streamlines intake from frontline staff, enforces consistent taxonomy (Basel-style categories, business lines, root causes), and builds a clean loss database without the usual spreadsheet chaos. Users can attach emails, screenshots, tickets, and vendor notices; the system auto-generates a defensible narrative and flags missing fields before submission. Lightweight workflows route events to risk owners for validation, then to finance for booking and to compliance for reporting. An AI assistant helps de-duplicate similar events, suggest classifications, and draft remediation actions—but the app keeps humans in control with transparent suggestions and change logs. Expect slow sales cycles and heavy security requirements; the payoff is reducing reporting friction and improving data quality for audits, ICAAP/ORSA, and internal dashboards.