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features
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support

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Write a Review

Description

The Risk Management Center by Novara is an innovative cloud solution that facilitates comprehensive management of risk, safety, and regulatory compliance for brokers, employers, and risk management professionals, enabling them to proactively identify, evaluate, mitigate, and document both operational and regulatory risks. By utilizing this platform, organizations can effectively lower claims and losses while also managing associated costs, thereby enhancing workplace safety and ensuring compliance with various regulations. This platform offers a cohesive set of tools that streamline the entire risk management process, including but not limited to facility inspections, tailored audits and surveys, behavior-based safety initiatives, incident reporting, safety observations, and management of safety data sheets. Ultimately, it aims to foster a culture of safety within organizations, preventing incidents and ensuring adherence to regulations set forth by bodies such as OSHA, DOL, EPA, HIPAA, and ADA, among others. Additionally, the comprehensive nature of the platform equips organizations to navigate the complexities of various regulatory landscapes effectively.

Description

Regardless of how a financial institution assesses risk, SAS offers established methodologies and optimal practices that aid in cultivating a culture focused on risk awareness, enhancing capital and liquidity management, and fulfilling regulatory requirements. By empowering your risk management team with on-demand, high-performance analytics, you can achieve improved efficiency and transparency. It's crucial to strike a harmonious balance between immediate and future strategies while confidently navigating evolving regulatory landscapes. SAS provides a diverse array of scalable credit models designed to actively manage loan portfolios, ensuring enhanced regulatory compliance and robust balance sheet management capabilities. Additionally, you can conduct simulations across various scenarios, yielding quicker results with in-depth analyses that support informed business decision-making, ultimately leading to stronger financial outcomes. This proactive approach not only mitigates risks but also positions institutions to thrive in a complex financial environment.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Novara Flex Yes 
SAS Data Loader for Hadoop No 

Integrations

Novara Flex No 
SAS Data Loader for Hadoop Yes 

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 No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux Yes 
Chromebook No 

Customer Support

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

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

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

Types of Training

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

Vendor Details

Company Name

Novara

Country

United States

Website

novara.com/risk-management-center/

Vendor Details

Company Name

SAS Institute

Founded

1976

Country

United States

Website

www.sas.com/en_us/solutions/risk-management.html

Product Features

Risk Management

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

Product Features

Risk Management

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

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