The management of risks from major accident hazard facilities has historically focused on safe operation rather than areas such as improved financial performance or increased productivity. But with major advances in Information and Communication Technology (ICT) and the maturing of technology in other domains, the emphasis has moved beyond straightforward compliance with safety legislation.

With greater global competition and much more challenging margins, there is less opportunity to invest in activities that do not contribute directly to the bottom lline, or are perceived as such.

ICT advances, along with growth in Internet technology, have brought a highly connected environment where corporations can share information and collaborate globally. Combined with this is a need for corporations to be more transparent in their corporate governance and demonstrate their performance in relation to the environment and society as well as financially.

Quantitative Risk Assessment
When performing QRA, you first identify representative failure cases for your pipes, vessels and other process equipment. Secondly, you assess the possible consequence of each possible outcome. Finally, you need to predict as accurately as possible the frequency with which these release scenarios will occur.

Quantify your risks
The Safeti QRA package provides a comprehensive suite of software to help you assess and manage your risks. As risk professionals, we know that ‘Good Safety means Good Business’.

Safeti QRA includes a unique range of applications and tools supporting best riskmanagement practice. Whether you are interested in the assessment of individual and societal risk for managing plant safety, or the overall financial risks associated with your plant, from the environmental, social or economic perspective, the Safeti QRA package includes a comprehensive set of tools to help you.

Configured to meet your exact requirements
The Safeti QRA package is available in a number of configurations, with applications available for each stage of your QRA process. The core applications within the Safeti QRA package help with each of the key stages of your QRA – including Hazard Identification, Consequence Modelling, Frequency Analysis, and Risk Assessment and Management.