Software as a Service (SAAS) service platform, namely, hosting software for use by others for managing and valuation of risk done on-demand, near-real-time, or scheduled basis, providing traceable and quantified operational risk values for remediation planning of risk to business operations or brands using artificial intelligence and machine learning; Software as a Service (SAAS) service, namely, hosting software for use by others for high-fidelity risk decisioning information from a collective single source of truth to ensure the entire enterprise operational risk function is aligned and using the same definitions and data sources of risk to all operational levels of the organization