Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Connected Risk provides your team with a comprehensive solution to meet all governance, risk, and compliance (GRC) requirements in a unified platform. Built on our innovative, low-code/no-code framework, EmpoweredNEXT, Connected Risk’s robust infrastructure allows for the customization of applications tailored specifically to the needs of your team. This integrated approach to holistic risk management is crafted to oversee your governance, risk, and compliance programs throughout a cohesive lifecycle that caters to your organization’s unique demands. Trusted by leading global entities daily, it serves as a reliable tool for addressing GRC requirements. Additionally, enterprise risk management equips your organization with essential tools to navigate both risks and disruptions effectively. Furthermore, regulatory change management empowers your compliance team to handle changes in a structured and interconnected way. Lastly, model risk management enables your organization to develop and sustain an efficient model inventory through effective workflow oversight.
Description
Your program is just one vulnerability away from overlooking significant risks. As financial institutions increasingly integrate complex calculations, holistic business models, and designated model owners, risk models are evolving in sophistication. Hidden dangers may lurk within the gaps between different models. However, organizations need not endure the fragmentation of their programs. The Crowe Model Risk Manager offers a software solution that seamlessly integrates model risk management throughout the entire process. This centralized platform, equipped with real-time visualizations, simplifies the management of workflows, allows for effective issue tracking, report generation, and compliance demonstration. Financial institutions can transition beyond traditional spreadsheets and emails to achieve a unified and thorough perspective. With our innovative software, understanding all facets of your model risk management becomes straightforward and accessible. Model owners can easily identify their responsibilities, along with defined next steps and continuous activity oversight. Furthermore, banks can implement automated workflows and actions, enhancing efficiency and ensuring the program remains on track. This holistic approach empowers organizations to proactively address risks, ultimately leading to more robust risk management strategies.
API Access
Has API
No
API Access
Has API
No
Integrations
EmpoweredESG
Yes
EmpoweredNEXT
Yes
Invoca
Yes
Sionic
Yes
Thomson Reuters Compliance Learning
Yes
Integrations
EmpoweredESG
No
EmpoweredNEXT
No
Invoca
No
Sionic
No
Thomson Reuters Compliance Learning
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Empowered Systems
Founded
1995
Country
United Kingdom
Website
empoweredsystems.com/connected-risk/
Vendor Details
Company Name
Crowe
Country
United States
Website
www.crowe.com/services/consulting/financial-services/regulatory-response/model-risk-management/model-risk-manager
Product Features
GRC
Auditing
No
Disaster Recovery
No
Environmental Compliance
No
IT Risk Management
No
Incident Management
No
Internal Controls Management
No
Operational Risk Management
No
Policy Management
No