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Description
KnowRisk® Standard is tailored for settings where a limited group of users collaborate to oversee a small to moderate-sized risk register along with assurance responsibilities. The data source is stored on each user's desktop, allowing for the operation of multiple databases tailored to various work programs, making it a perfect fit for scenarios where users are not linked to a centralized database; furthermore, they have the option to upload their data to a central location at a later stage. On the other hand, KnowRisk® Professional caters to a broader range of users, from small teams to larger groups, who concurrently manage multiple risk registers. Most users benefit from the Forms technology to access the database, which enhances their experience in risk capturing, assessment, and data analysis. This version is particularly suitable for risk management departments with fewer personnel who assign risk management duties to risk champions and other employees. Additionally, the flexibility in user access and the capability to handle extensive data sets make KnowRisk® Professional an advantageous choice for organizations aiming to streamline their risk management processes.
Description
Break down your regulatory and contractual responsibilities into specific tasks that can be assigned and effectively monitored using interactive dashboards. Explore each business sector to pinpoint areas of vulnerability, then categorize potential risks and develop strategies to mitigate them. Oversee IT system risks by conducting user access reviews and managing contract renewals diligently. Establish your corporate framework and maintain comprehensive records of all legal and corporate communications with regulatory bodies. Monitor your licensing obligations along with statutory and regulatory reporting using a unified system. Keep meticulous records of any incidents, complaints, and breaches that may arise. Utilize this data to identify significant business risks and implement necessary changes. Ensure all existing controls operate effectively by employing compliance assurance checklists for validation. Gain a deeper understanding of your obligations and delineate the scope of work necessary for your organization's compliance framework. By taking these proactive steps, you can foster a culture of accountability and transparency throughout the organization.
API Access
Has API
API Access
Has API
Integrations
LexisNexis AML Insight
Salesforce
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$10 per month
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
CorProfit Systems
Website
www.corprofit.com
Vendor Details
Company Name
crlHorizon
Country
Australia
Website
www.clrhorizon.com
Product Features
Financial Risk Management
Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation
Product Features
Compliance
Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation
Risk Management
Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment