Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The PRMS Risk Management System represents a cutting-edge approach to risk management, utilizing neural network technology to deliver lenders an accurate evaluation of pipeline interest rate risk, optimal execution strategies, rate-shock sensitivity, and the current mark-to-market valuation of their positions. For further details, please select a topic from the options below. PRMS also offers users the choice to determine if imports should replace existing data or be added to it, enhancing the system's functionality. Furthermore, the import capabilities enable users to keep their data tables up-to-date, which significantly improves the accuracy of analyses conducted. Instead of trying to accommodate all potential data fields that different mortgage bankers may want to track historically, PRMS intelligently reviews the user's import file and creates a tailored database accordingly. This design grants users remarkable flexibility, while the implementation process is streamlined, as there are no pre-defined exports that need to be integrated into existing systems. Consequently, users can seamlessly adapt the system to their specific needs without unnecessary complications.
Description
The Systems Engineering Practice Office (SEPO) offers a Risk Management Toolkit that includes the Risk Matrix, along with additional resources such as RiskNav and Risk Radar. While the Risk Matrix is accessible for public use, the support provided is mainly limited to downloadable documents available online. In certain instances, government programs adopt a risk management approach that combines both government and contractor tools. Numerous prominent government contractors have created proprietary risk management software that often rivals MITRE and commercial options in functionality. These applications are effective in managing program risks. Additionally, smaller programs frequently resort to customized tools built in Microsoft Excel or Access, and some of these tailored solutions align well with the previously mentioned tool selection criteria. This consideration is crucial when evaluating a customized solution that adequately addresses the specific requirements of the program being supported. Ultimately, selecting the right risk management tool is vital for ensuring comprehensive program oversight and mitigation strategies.
API Access
Has API
API Access
Has API
Integrations
Sovrin
StellarProtect
Trellix Detection as a Service
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
Precision Risk Management Systems
Country
United States
Website
www.prmsonline.com/riskmanagement.aspx
Vendor Details
Company Name
MITRE
Website
www.mitre.org
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
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