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Playing safe, my risk wins multi-tasking aid (5,4,5)

Ross

I believe the answer is:

swiss army knife

'multi-tasking aid' is the definition.
(tool with multiple uses)

'playing safe my risk wins' is the wordplay.
'playing' indicates anagramming the letters.
'safe'+'my'+'risk'+'wins'='safemyriskwins'
'safemyriskwins' anagrammed gives 'SWISS ARMY KNIFE'.

(Another definition for swiss army knife that I've seen is " potential weapon".)

I've seen this clue in The Guardian.
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