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Description

RiskRate by NAVEX is a third-party compliance and risk management solution. RiskRate allows users to monitor vendor diligence and reduce high risk. RiskRate, a part of the NAVEX One GRC platform allows users to perform third-party background checks. RiskRate provides users with a risk management system that includes centralized screening, onboarding, and third-party monitoring.

Description

Rubix allows you to evaluate the risk associated with your counter-parties throughout the entirety of your business interactions. By utilizing Rubix, you can make informed credit decisions, strengthen your supply chain, and ensure compliance with your business associates both in India and globally. Before engaging with a new distributor, dealer, customer, franchisee, supplier, vendor, or service provider, it is crucial to conduct a thorough on-boarding risk evaluation of the organization. For institutions such as Banks, Fintech companies, or Non-Banking Financial Companies (NBFCs), performing an identity verification (including KYC, AML, and compliance checks) at the loan initiation stage is essential, followed by an independent credit risk evaluation during the decision-making process for loans. Given the rapid evolution of a firm's risk profile in today's highly interconnected and unpredictable business landscape, it is vital to stay informed. Once you become a Rubix user to oversee your portfolio, you will gain the ability to monitor shifts in a firm’s risk profile and significant developments affecting it through the automated risk management features of Rubix, ensuring that you remain proactive in your risk assessment efforts. This ongoing monitoring ultimately helps to safeguard your business interests over time.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Moody's Analytics Yes 
NAVEX One Yes 
Rayven Yes 

Integrations

Moody's Analytics No 
NAVEX One No 
Rayven No 

Pricing Details

$5000.00/year
Free Trial Yes 
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 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 Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

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

Types of Training

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

Types of Training

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

Vendor Details

Company Name

NAVEX

Founded

2004

Country

United States

Website

www.navex.com/en-us/products/navex-ethics-compliance/riskrate-third-party-screening-monitoring/

Vendor Details

Company Name

Rubix

Country

India

Website

rubixds.com

Product Features

Vendor Management

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

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