Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The Risk Management solution is designed for expanding organizations seeking an advanced tool to effectively oversee risks and incidents. In various departments, it's common for risks to go unnoticed or incidents to be inadequately reported. According to OCEG®, a staggering 53% of businesses rely on spreadsheets, documents, and emails for managing Governance, Risk, and Compliance (GRC), while only 27% believe their technology meets their risk management requirements. A unified, searchable database streamlines the process for risk managers, allowing them to efficiently gather, examine, and report on data from various sources instead of struggling with numerous documents in different formats. Once risks are documented, appropriate controls can be implemented to reduce these risks, thereby safeguarding all stakeholders, including shareholders, employees, customers, and regulators. Ultimately, this integrated approach enhances organizational resilience and responsiveness to emerging challenges in risk management.
Description
Achieve a more precise equilibrium between risk and opportunity by utilizing risk management solutions that pinpoint and manage the most suitable customers throughout the entire account lifecycle. Utilize distinctive data resources to evaluate the potential risks linked to providing products or services, while also identifying early indicators of collection or default risks. This approach allows for more assured engagement with the appropriate consumers and organizations, thereby promoting greater financial inclusion. By gaining a deeper understanding of consumers, it becomes possible to make more informed decisions regarding risk. Additionally, it enhances the ability to mitigate risks effectively, thereby safeguarding profit margins. Access to data can assist customers in the pre-delinquency stage, while also providing insights into the risks associated with extending credit, ultimately reducing the likelihood of defaults. This strategy not only aids in expanding approvals and refining pricing accuracy but also addresses risks tied to insurance underwriting through enhanced insights that promote sophisticated pricing. Furthermore, it allows for the optimization of coverage, pricing, and expenditure, leading to improved loss ratios and a more robust financial framework. This comprehensive approach to risk management ensures that organizations can thrive while maintaining a strong focus on sustainability and responsibility.
API Access
Has API
API Access
Has API
Integrations
PremierCashier
TrueTargeting
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
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
Mitratech
Country
United States
Website
mitratech.com/products/opsriskcontrol
Vendor Details
Company Name
TransUnion
Country
United States
Website
www.transunion.com/solution/truvision
Product Features
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
Product Features
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