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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Estimator 9, developed by FineIT Private Limited, serves as a dedicated automation platform for managing IFRS 9 Expected Credit Loss (ECL) calculations, particularly tailored for international financial institutions. This innovative solution provides audit-ready risk assessments via a comprehensive automated, model-driven system. The platform facilitates complete ECL calculations by incorporating critical risk variables, including PD, LGD, and EAD modeling, while also integrating relevant discounting factors. It employs a three-stage classification system along with automated detection of Significant Increases in Credit Risk (SICR). Moreover, it includes macroeconomic scenario modeling and anticipatory adjustments to ensure full compliance with IFRS 9 standards. With a deployment footprint spanning over 56 institutions across more than 40 countries, Estimator 9 seamlessly integrates with essential banking systems and general ledgers. Additionally, it features automated disclosures, stress testing, and validation tools that adhere to GPPC guidelines, thereby ensuring the accuracy and reliability of the data. Endorsed by Big 4 audit firms, the platform guarantees fast, transparent, and dependable ECL reporting, making it an invaluable resource for financial entities.

Description

Riskonnect stands out as a dependable Integrated Risk Management platform that boasts an evolving array of solutions built on a premier cloud computing framework, empowering users to enhance their initiatives for managing risks throughout the organization. This platform equips businesses with the ability to thoroughly understand, manage, and mitigate risks, leading to positive outcomes for shareholder value. Riskonnect's highly adaptable technology is ideal for innovative organizations that face heightened scrutiny and accountability regarding corporate governance, strategic planning, and risk management. The integrated solutions offered by Riskonnect support the capability to proactively prepare for and respond effectively to any risks that may threaten an organization, its competitive standing, corporate reputation, and overall growth potential. Once fully implemented, Riskonnect provides a comprehensive suite of features, including Auditing, Business Process Control, Corrective Actions (CAPA), Risk Assessment, and Compliance, making it an essential tool for modern enterprises. Additionally, organizations using Riskonnect can expect to see improved operational efficiency and enhanced decision-making processes as they navigate the complexities of risk management.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

No images available

Screenshots View All

Integrations

Adobe Acrobat Sign No 
Common Controls Hub No 
Riskonnect Business Continuity Management No 
Riskonnect Business Strategy No 
Riskonnect ESG No 

Integrations

Adobe Acrobat Sign Yes 
Common Controls Hub Yes 
Riskonnect Business Continuity Management Yes 
Riskonnect Business Strategy Yes 
Riskonnect ESG Yes 

Pricing Details

Rs 10000
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises Yes 
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 Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

FineIT Private Limited

Founded

2001

Country

Pakistan

Website

fineit.io

Vendor Details

Company Name

Riskonnect

Founded

2007

Country

United States

Website

riskonnect.com

Product Features

Financial Risk Management

Compliance Management No 
Credit Risk Management No 
For Hedge Funds No 
Liquidity Analysis No 
Loan Portfolio Management No 
Market Risk Management No 
Operational Risk Management No 
Portfolio Management No 
Portfolio Modeling No 
Risk Analytics Benchmarks No 
Stress Tests No 
Value At Risk Calculation No 

Product Features

Audit

Alerts / Notifications No 
Audit Planning No 
Compliance Management Yes 
Dashboard Yes 
Exceptions Management Yes 
Forms Management No 
Issue Management Yes 
Mobile Access No 
Multi-Year Planning Yes 
Risk Assessment Yes 
Workflow Management Yes 

Compliance

Archiving & Retention No 
Artificial Intelligence (AI) No 
Audit Management Yes 
Compliance Tracking No 
Controls Testing Yes 
Environmental Compliance No 
FDA Compliance No 
HIPAA Compliance Yes 
ISO Compliance Yes 
Incident Management No 
OSHA Compliance Yes 
Risk Management Yes 
Sarbanes-Oxley Compliance Yes 
Surveys & Feedback No 
Version Control Yes 
Workflow / Process Automation No 

Financial Risk Management

Compliance Management Yes 
Credit Risk Management No 
For Hedge Funds Yes 
Liquidity Analysis No 
Loan Portfolio Management No 
Market Risk Management No 
Operational Risk Management Yes 
Portfolio Management No 
Portfolio Modeling No 
Risk Analytics Benchmarks Yes 
Stress Tests No 
Value At Risk Calculation No 

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 

Integrated Risk Management

Audit Management No 
Compliance Management No 
Dashboard No 
Disaster Recovery No 
IT Risk Management No 
Incident Management No 
Operational Risk Management No 
Risk Assessment No 
Safety Management No 
Vendor Management No 

Risk Management

Alerts/Notifications No 
Auditing Yes 
Business Process Control Yes 
Compliance Management Yes 
Corrective Actions (CAPA) Yes 
Dashboard Yes 
Exceptions Management No 
IT Risk Management No 
Internal Controls Management Yes 
Legal Risk Management No 
Mobile Access No 
Operational Risk Management No 
Predictive Analytics No 
Reputation Risk Management No 
Response Management Yes 
Risk Assessment Yes 

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