RiskSpectrum risk and reliability software from Lloyd’s Register

In nuclear, oil and gas and other safety-critical industries, risk and reliability analysis is vital for continued safe and efficient operation. RiskSpectrum is the most comprehensive, proven solution on the market, helping operators precisely calculate and manage operational risk.

By defining intricate processes and making their workings explicit, RiskSpectrum rapidly produces exact, reliable and actionable answers. It gives a clear and consistent operational picture on which to base well-balanced, risk-informed decisions.

With RiskSpectrum, you can verify delivery specifications, gain approval for plant operations, estimate and control reliability – and so maximise operational safety and efficiency. Flagship module RiskSpectrum PSA is the nuclear industry standard, used by over 60% of commerical operators.

Our fault and event tree analysis employs robust and proven solution algorithms to rapidly produce precise, reliable models of the most complex systems and workflows. The RiskWatcher module adds live data to those models to monitor plant operational safety - maximising asset value and optimising maintenance scheduling.

RiskWatcher can assess the status of components, verifying current operations and any potential modifications. Is it safe to continue with some equipment out of service? A host of other tools like RSAT and FMEA help visualise, analyse, document, report on and compare models. HRA adds in the human failure component of reliability analysis too.

We have helped maintain safe and efficient operations in complex safety-critical industries like nuclear, chemical and oil and gas for over 60 years. We’ve been in nuclear since Calder Hall – the UK’s first plant – and have worked on over 1,000 projects. With our extensive safety, licensing and regulatory expertise, we support facility owners, operators, vendors and national regulators worldwide.