Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

The Imperium platform serves as a comprehensive risk management solution tailored for operational risk and compliance departments. By consolidating various risk and control assessments into one platform, it eliminates redundant efforts and enhances collaboration within the business. Traditional manual procedures and intricate system architectures incur high costs. A well-designed operational risk platform can address much of this inefficiency, leading to substantial cost savings. Operational risk often suffers from a 'tick box' mentality that undermines its importance. By creating tools that are both engaging and innovative, this perception can be transformed. Moreover, the platform simplifies the data architecture, enabling effective and insightful reporting across all three lines of defense. Data remains a pivotal challenge for operational risk teams due to the vast array of risks they manage; thus, aspects such as data collection, upkeep, governance, and analysis become increasingly complicated to handle efficiently. To address these challenges, Imperium leverages top-tier tools for effective data management throughout the platform's implementation, ensuring a seamless experience for users. This strategic approach not only streamlines operations but also fosters a culture of proactive risk management.

Description

Third-party risk management (TPRM) provides a systematic framework to evaluate and mitigate the risks that organizations face due to their associations with external entities. These external entities primarily include vendors, customers, joint ventures, counterparties, and fourth parties. Engaging with third parties can introduce considerable enterprise risks, especially as the number of partnerships expands, regulatory scrutiny increases, and the landscape of cyber threats becomes more intricate. As a result, businesses are increasingly allocating resources and focus towards understanding and managing the potential risks associated with these third-party affiliations. While such relationships enhance flexibility and competitiveness in the global market, they also enable organizations to outsource critical functions, allowing them to concentrate on their core strengths. However, the advantages brought by third parties are accompanied by serious risks, including the potential for cyberattacks, disruptions in business continuity, and damage to reputation, all of which can severely impact the overall health of a company. Thus, balancing the benefits and risks of third-party relationships has become essential for effective enterprise risk management.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Alteryx Yes 
Oracle Cloud Infrastructure Yes 
Snowflake Yes 
Tableau Yes 

Integrations

Alteryx No 
Oracle Cloud Infrastructure No 
Snowflake No 
Tableau No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$750 per year
Free Trial Yes 
Free Version Yes 

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) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Imperium

Country

United Kingdom

Website

www.imperiumrisk.io

Vendor Details

Company Name

Riskpro India

Founded

2011

Country

India

Website

www.riskpro.in

Product Features

GRC

Auditing Yes 
Disaster Recovery No 
Environmental Compliance No 
IT Risk Management Yes 
Incident Management No 
Internal Controls Management Yes 
Operational Risk Management Yes 
Policy Management No 

Risk Management

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

Product Features

GRC

Auditing No 
Disaster Recovery No 
Environmental Compliance Yes 
IT Risk Management Yes 
Incident Management Yes 
Internal Controls Management Yes 
Operational Risk Management Yes 
Policy Management No 

Risk Management

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

Vendor Management

Audit Management Yes 
Contact Management No 
Customer Database No 
Self Service Portal No 
Supplier Master Data No 
Transaction History No 
Vendor Maintained Profiles No 
Vendor Managed Inventory No 
Vendor Performance Rating No 
Vendor Qualification Tracking No 

Alternatives

Predict360 Reviews

Predict360

360factors

Alternatives

RISMA Reviews

RISMA

Risma Systems
Onspring Reviews

Onspring

Onspring GRC Software
Blue Umbrella GRC Reviews

Blue Umbrella GRC

Blue Umbrella
ShieldRisk Reviews

ShieldRisk

ShieldRisk AI