Alternatives to PRMS Risk Management System

Predict360, by 360factors, is a risk and compliance management and intelligence platform that automates workflows and enhances reporting for banks, credit unions, financial services organizations, and insurance companies. The SaaS platform integrates regulations and obligations, compliance management, risks, controls, KRIs, audits and assessments, policies and procedures, and training in a single cloud-based SaaS platform and delivers robust analytics and insights that empower customers to predict risks and streamline compliance. Happy with your current GRC but lacking a true analytics and BI tool for intuitive executive and Board reports? Ask about Lumify360 from 360factors - a predictive analytics platform that can work alongside any GRC. Keep your process management workflows intact while providing stakeholders with the timely reports and dashboards they need.

Globally, teams in risk, procurement, and compliance are under pressure to manage geopolitical risks and business risks. Third-party risks are impacted by the complexity of domestic and international businesses, as well as complex and diverse regulations. It is crucial that companies proactively manage third-party relationships. This cutting-edge platform, powered by D&B Data Cloud's 520M+ Global Business Records with 2B+ annual updates for third-party risks, is an AI-powered solution that mitigates and monitors counterparty risk on a continual basis. D&B Risk Analytics uses best-in class risk data, including alerts for high-risk purchases and match points of more than a billion. This helps to drive informed decisions. Intelligent workflows allow for quick and thorough screening. Receive alerts on key business indicators.

JCAD CORE is a fully customizable software solution for compliance and risk management. CORE 5, our latest version, is now available in the Autumn. It features a new interface and many new features. This cloud-based, intuitive solution provides businesses with a solid framework that allows for controlled compliance and risk management. It also links to strategies and goals. JCAD CORE clients include individuals in a range of industries such as education, utilities, government, and housing. The solution also helps businesses to manage compliance regulations such as financial compliance and covenants, contracts, health and safety assessment, and financial compliance.

Riskonnect’s Active Risk Manager is a robust risk management solution that empowers organizations to oversee risks comprehensively, from individual projects to enterprise-wide portfolios. It visualizes complex risk interdependencies and helps prioritize risk mitigation strategies to minimize adverse impacts on project goals. By aggregating risk information, the software uncovers trends and emerging risks, promoting proactive decision-making and risk reduction. The platform includes tools such as dashboards, heat maps, bowtie analysis, and schedule/cost impact evaluations to support detailed risk assessments. Active Risk Manager also facilitates seamless collaboration among project teams, providing role-based data visibility and ensuring security compliance. It optimizes contingency budgeting by forecasting resource needs accurately, preventing both under- and over-allocation. With automated risk lifecycle management and integration capabilities via APIs, it fits easily into existing enterprise ecosystems. Additionally, it complies with global industry standards and offers flexible hosting options, making it adaptable to various regulatory and operational requirements.

Develop a thorough approach to operational risk that not only evaluates such risks but also establishes a groundwork for minimizing them while simultaneously cutting expenses. This operational risk management system should be developed on a comprehensive enterprise-wide platform that encompasses organizational, process, and data management capabilities. Organizations are increasingly recognizing that a robust operational risk solution must extend beyond merely conducting risk assessment surveys, maintaining loss event databases, and calculating operational risk capital. Since operational risk permeates all areas and processes—ranging from human resources to front office operations, accounting, financial control, and settlements—there is a pressing need for a strategic, enterprise-wide perspective and a system that effectively measures and oversees operational risk. The topmost layer of this framework is reinforced by several critical underlying elements that play an indispensable role in mitigating risks associated with processes, thereby ensuring a more resilient operational environment. Additionally, integrating these components facilitates more informed decision-making and enhances overall risk management capabilities.

Risk management is best done in a fluid and powerful way. Your decisions today can help you mitigate the risks that you might face tomorrow. SAI360 is a cloud-first software that combines modern ethics and compliance content to help organizations navigate risk in a flexible and agile way. All the best in intelligent solutions and global expertise in one platform. Configurability of solution, extensible data model with configurable interface/forms, fields and relationships to extend solutions. Process modeling: Modify or create new processes to automate, streamline, and reduce risk, compliance, audit, and other activities. Data visualization and analysis. Many pre-configured dashboards that are easy to set up allow you to visualize and analyze data. Learning and best practices content - Preloaded frameworks, control library and regulatory content, along with values-based ethics, compliance learning content. Integration framework with APIs, and other protocols.

We firmly believe that taking risks is essential for achieving ambitions. A well-developed process, advanced technology, and a workforce that is mindful of risks cultivate trust within an organization. NARIS-GRC® NEXT empowers every individual to become a risk manager. By utilizing the most human-centric, intelligent, and data-driven Governance, Risk, and Compliance platform, countless professionals engage in risk-taking with assurance every day. This platform facilitates the integration of risk and process management while providing a comprehensive overview to aid in risk-based decision-making. It enables users to pinpoint and tackle key risks while tracking recommendations effectively. Furthermore, it allows for the construction or importation of a risk controls framework that aligns with existing legislation and regulations, ensuring consistent monitoring. Organizations can enhance quality and safety by learning from previous errors or close calls. Additionally, it consolidates contract and insurance data into a single, accessible overview. Connecting risk to strategy and performance is essential, as emphasized by COSO. Our risk strategy map transforms lengthy policy documents and risk profiles into a clear visual representation, serving as a foundational element for effective risk management. Ultimately, this approach fosters a culture of continuous improvement and proactive risk management throughout the organization.

Ncontracts offers powerful risk management and compliance solutions for financial services companies. Founded in 2009 by a regulatory attorney with years of experience in the banking industry, we work with over 4,000 companies in all 50 states to manage risk and compliance. The Ncontracts suite of solutions covers every aspect of risk and compliance management, from strategic to tactical. Choose modules for your specific needs -- or build an integrated, comprehensive system that creates efficiencies across your organization.

The AQMetrics' online platform was specifically designed for modern financial institutions that want to minimise regulatory risk. AQMetrics' automated, end-to-end regulatory technology platform will ensure that you are always compliant by automating all your regulatory reporting, compliance, and risk management needs.

Technology powered by artificial intelligence allows financial organizations to completely automate their risk and compliance functions. Continuity provides a RegTech solution that streamlines risk, compliance, vendor, and performance management specifically for the financial services sector. By integrating essential risk and compliance processes, it enhances overall performance. Merging regulatory know-how with cloud technology, Continuity alleviates your regulatory challenges and reduces risk at a much lower cost. Numerous financial institutions across the U.S. reap the benefits of our innovative solution. Continuity’s enterprise risk management (ERM) technology, along with its compliance, vendor, and performance management systems, is customized to cater to the unique requirements of banks, credit unions, mortgage providers, and fintech companies, regardless of their size. This comprehensive platform is designed not only for flexibility but also for optimal efficiency in operations. As the financial landscape evolves, Continuity remains committed to providing cutting-edge solutions that support risk management and compliance needs effectively.

Lenders are facing heightened demands to provide more attractive offers to a broader array of applicants, yet achieving profitable growth in their portfolios while effectively managing risk has become increasingly difficult. It’s essential to reevaluate the data and insights utilized for assessing credit risk. By utilizing alternative data related to credit-seeking behavior and information on non-credit events, RiskView credit solutions empower you to obtain a fresh outlook on credit risk across the entire credit spectrum. Enhance your offers for candidates in fiercely competitive credit segments through better risk segmentation within various credit score ranges. Additionally, boost acceptance rates while keeping risk exposure in check by enhancing predictive capabilities, particularly for near-prime applicants. Furthermore, evaluate traditionally unscorable individuals with either no-hit or thin-file credit histories, thus expanding your potential customer base. This holistic approach ensures that you can effectively balance growth opportunities and risk management.

Confluence Technologies specializes in data-driven solutions for investment management, offering a comprehensive suite of products that enhance efficiency, control, and transparency. With a client base spanning more than 40 countries and including leading asset managers and service providers, Confluence supports regulatory compliance, risk analytics, performance measurement, and investor communications. The company’s innovative platforms enable organizations to manage complex data workflows, monitor investments, and meet evolving regulatory demands seamlessly. Confluence also offers ESG solutions and private fund reporting, positioning itself as a trusted partner for sophisticated investment management needs.

CURA provides smarter software solutions designed to enable businesses around the world to quickly achieve the bottom-line benefits of Governance, Risk and Compliance (GRC). Our innovative technologies put the power of configuration in the hands of our customers, which is why our solutions are used by global and mid-sized enterprises around the world. CURA offers a range of products, including: Enterprise Risk Management (ERM): Helps organizations identify, analyze, evaluate, and treat risks and opportunities within a single framework. Operational Risk Management: Focuses on managing risks associated with day-to-day operations. Business Continuity Management: Ensures that organizations can continue operations during and after a disruption. Compliance Management: Ensures that organizations meet regulatory requirements and internal policies. Risk-Based Audit Management: A flexible solution for documenting, assessing, testing, and reviewing audit processes. Regulatory Compliance: Helps organizations stay compliant with industry regulations. Other solutions: Incident Management Policy Management CURA's innovative technologies put the power of configuration in the hands of their customers.

ResolutionPro is an Excel-based financial analytics tool designed for calculating mark-to-market (MTM) values and assessing risk. A free trial is available for users interested in exploring its capabilities. The library enables users to compute valuations and risk characteristics across a wide array of frequently traded financial instruments, including interest rate swaps, which involve zero curve construction and swap valuation methodologies. It also covers various options, such as equity options, currency options, commodity options, and bond pricing for both government and corporate bonds, as well as floating-rate notes (FRNs). Additionally, ResolutionPro supports interest rate options, swaptions, caps, and floors, including the pricing of exotic options. It encompasses utilities for accrual and data calculations, alongside tools for probability and statistics, and rates and discount factors. The software allows for swift and straightforward derivative pricing, facilitating independent valuations that are crucial for trade and risk management. Users can seamlessly integrate derivative models with their existing systems and conduct complex scenario analyses with ease, thanks to Resolution's advanced Sensitivity Tool. Furthermore, it adheres to industry-standard pricing methodologies, making it a versatile resource for financial professionals.

The SCIO™ software by PLATO has gained significant traction among professionals and facilitators alike. For those in the engineering sector, the web-based PLATO e1ns is highly recommended for its user-friendly design, making it accessible for all team members. This platform integrates the core functionalities of SCIO™ effectively. PLATO e1ns serves as a pivotal tool for enhancing the product development process (PDP), particularly during its initial phases where crucial decisions regarding cost and risk management are made. With e1ns, PLATO offers a solution that focuses on the foundational elements of PDP for optimal efficiency. The advanced database capabilities of SCIO™-FMEA meet the essential requirements for knowledge management, support multiple users, and cater to various languages. Furthermore, the SCIO™-Matrix provides a rapid approach to system analysis, enabling the transformation of customer needs into product features with effective execution. This comprehensive tool ensures meticulous planning and documentation of each process step, all of which are securely stored in the SCIO™ database, ready for future reference and use. In this way, PLATO empowers teams to streamline their workflows and enhance productivity throughout the development cycle.

Modern safety products can help you identify, reduce, and eliminate workplace risk without spending a fortune. Alexis is your friend and assistant. Our AI will instantly find and add the relevant information to your assessment and make it easy! COSHH assessments do not have to be complicated. We made it simple and understandable for the end-user (the person who is performing the task). COSHH365 is not rocket science. It's simple, straightforward, and compliant. Our unique template makes it easy to create COSHH assessments for any task.

PHAWorks was developed using industry best practices and more than 30 years of experience with PHA software. The intuitive design of PHAWorks allows you to quickly get started on your work without the need for complicated setups and configurations. PHAWorks offers a variety tools to make data entry easy, whether you use previous study information or common entries. You can customize our many pre-made templates to meet your specific needs. Software updates are regularly provided with new features, enhancements and usability improvements based upon industry trends and your valuable feedback. You can import your previous PHAWorks 5 projects as well as files from other PHA programs. We are committed to educating and helping our users. All of our customers have access to live software training and support.

If you've ever found yourself overwhelmed by various choices and desperately seeking the optimal one, this software might be exactly what you require. With a user-friendly interface tailored for everyday individuals, our software handles the complex calculations for you, ultimately providing the most suitable option based on your specific needs. This tool is designed as a decision support system aimed at the average person, unlike many existing solutions that cater primarily to large corporations and focus on niche problems. It allows you to break down challenges into simple, manageable parts, making intricate decision-making more straightforward. With the assurance that your choices are backed by mathematical reasoning, you can approach your decisions with confidence. Collaborate with others and effectively persuade them by presenting numerical evidence, all while enjoying the process of navigating through challenging options. We value your privacy, which is why your email address will not be used for any other purpose, nor will it be shared or sold to third parties. Additionally, you will have the freedom to unsubscribe whenever you choose, ensuring you have complete control over your communication preferences. Embrace the ease of decision-making and let our software guide you through your choices.

The CreditLens platform from Moody’s Analytics empowers financial organizations to enhance their commercial lending strategies by promoting greater speed and efficiency in their processes. Its cutting-edge technology facilitates uniform data spreading, which supports comprehensive analytics, such as portfolio comparison and benchmarking that improve risk assessments. Users can tap into robust financial evaluations that generate dual risk rating models, or customize rating models to align with their specific internal credit standards and risk assessment criteria. Additionally, refine your risk evaluations through relationship hierarchies either created within CreditLens or imported from your CRM systems, allowing for extensive modeling across various risk entities, relationships, and hierarchies. The platform also incorporates business rules to reduce errors and boost data accuracy, guiding users through the credit risk assessment process in line with established banking policies. Furthermore, it provides options for data auditability, deal approval structures, conditions precedent, and adherence to covenants, ensuring compliance with both internal and external policies. Ultimately, CreditLens stands as a comprehensive tool designed to optimize the lending process while ensuring thorough risk management practices.

ATOM Syndications streamlines the management processes involved in overseeing substantial commercial loan or lease portfolios that are shared with institutional investors. By integrating smoothly with current servicing platforms, ATOM Syndications offers comprehensive cash management, accounting, and risk management throughout the entire syndicated deal lifecycle. The system features advanced “Due To/Due From” (DTDF) controllership, allowing for instantaneous balance analysis and accommodating customized strategies for addressing any discrepancies in balances. Additionally, ATOM Syndications ensures thorough automated lifecycle accounting, which encompasses servicing fee liabilities, retained interests, fair value assessments, and compliance with FIN 45 regulations for both true and synthetic financial and operating leases. As a result, users can expect an efficient and effective approach to managing complex financial agreements.

ACH Risk Manager™ provides innovative solutions designed specifically for financial institutions to effectively monitor and manage their ACH operations. This comprehensive system consolidates ACH data, offering user-friendly reporting, immediate validation of originated files, and customizable features tailored to the needs of each originator. Notable functionalities encompass: + Compliance Automation: Ensuring adherence to Nacha regulations, monitoring return rates, and supplying on-demand audit evidence. + Advanced Risk Modeling: Utilizing AI to generate account risk ratings, identify high-risk originators, and manage liquidity effectively. + Rapid Implementation: Achieve operational readiness in just 30 days while requiring minimal input from IT resources. With these tools, financial institutions can enhance their risk management practices and streamline ACH processes efficiently.

Optial SmartStart, utilized by Fortune 500 companies across more than 50 nations, offers sophisticated IT solutions tailored for Environmental, Health & Safety, Audit, Governance, Risk, and Compliance needs. The platform is equipped with a variety of features such as Audit Trail functionalities and compliance with standards including FDA, HIPAA, ISO, OSHA, and Sarbanes-Oxley. Additionally, it presents several essential solutions designed to enhance operational efficiency. A notable advantage of the system is its capability to allow seamless data import from existing third-party platforms, facilitating a smooth transition for businesses by integrating their current configurations into the Optial SmartStart framework. This ease of integration ensures that organizations can adapt quickly to the new system without disruption.

SAS Financial Crimes Analytics is a cloud-based solution designed to enhance Anti-Money Laundering (AML) initiatives by leveraging artificial intelligence and machine learning to operationalize compliance efforts. This innovative platform empowers financial institutions to more effectively identify and thwart financial crimes by minimizing false positives, automating the investigative process, and enhancing overall detection capabilities. With features that simplify data exploration and visualization, users can easily import, transform, and integrate data using an intuitive drag-and-drop interface. Additionally, it streamlines the swift operationalization of analytical models through automated methods, facilitating efficient deployment in both batch and real-time scenarios. The solution seamlessly integrates with existing transaction monitoring systems, negating the necessity to overhaul current AML frameworks. Furthermore, it employs advanced analytics tools, such as network and text analytics, to provide a comprehensive understanding of risk factors, ultimately allowing institutions to adapt to the evolving landscape of financial crime threats. This holistic approach not only improves compliance but also strengthens the institution’s overall risk management strategy.

CorpHedge is a simple SaaS that allows for FX risk management. Corporates don't need to be experts in the field, as everything is made simple and easy to understand. CorpHedge also offers live sessions, and helps clients set up the platform. Companies can create a custom FX hedging strategy, set up budget rates and receive notifications. They can also record and track their hedging portfolios, obtain reports and valuations, and see sensitivity. Companies can assess the risks they will face if they don't hedge FX risks. This is similar to outsourcing FX Treasury Management. Clients' Benefits: Save on transactions by gaining insights into the interbank market pricing. They also understand and manage FX risks at a level that they never thought was possible. System offers historical data to explore different strategies and their hypothetical outcomes. Which strategy minimizes volatility? System helps to understand the costs of hedges.

SymphonyAI Sensa uses the most advanced AI technology and machine-learning to provide unsurpassed criminal detection to financial institutions around the world. The symptoms of inferior alerting can be eliminated with a false-positive reduction of up 77%. The intuitive Sensa platform creates a complete map for criminal behavior, detecting anomalies traditional systems cannot detect. Sensa's flexibility is key to its deployment. It can be used as a standalone system or to complement an institution's existing system. Sensa is also available on premises or the cloud, allowing customers to leverage their existing data and achieve unparalleled results. Sensa users can also see an increase of up to 81x in the risk-to alert ratio and a 263% rise in SARs. Predictive insights also allow for a drastic reduction in the time required to identify real anomalies and improve operational efficiency.

DataView360 was created to facilitate seamless integration with both internal and external data sources, including credit bureaus and providers of fraud and identity verification services. This software solution is customizable, enabling clients to select the specific data they need for immediate decision-making within their workflows. As a web-services application, DataView360 can be easily incorporated into existing infrastructures or external systems. The Data Engine component of DataView360 has proven to be an indispensable resource for implementing effective and adaptable risk management strategies. It allows users to access, analyze, and integrate data with any host or proprietary systems, making it suitable for those aiming to upgrade their legacy systems as well as for those seeking a comprehensive, modular solution that meets their evolving needs. Additionally, the flexibility of DataView360 ensures that it can evolve alongside the changing demands of its users.

With its user-friendly interface, SimpRisk streamlines the risk management process, catering to even the most meticulous users. Outdated and complex risk management tools are now obsolete. The SimpRisk application makes understanding and managing risks straightforward and efficient. It is versatile enough to cater to various business needs. In just a few clicks, you can incorporate organizational units, an unlimited number of users, and tailor levels of consequences, probabilities, and risks specific to your organization. SimpRisk serves as your dedicated risk management assistant. The intuitive platform walks you through the necessary steps for identifying and evaluating risks. Every risk documented is showcased in both the risk matrix and risk register. Additionally, SimpRisk provides the option to set reminders for your notes and meetings, allowing for seamless sharing with colleagues to ensure nothing important slips through the cracks. This innovative solution not only enhances efficiency but also fosters collaboration among team members in managing risks effectively.

Provide your clients with a completely digital onboarding process that guarantees peace of mind through a fully automated solution for regulatory compliance. Leverage cutting-edge technology driven by Artificial Intelligence to enable your customers to swiftly embark on their journey with you. We are eager to share insights on essential features like Document Processing, Identity Verification, Risk Profile Assessment, and KYC Workflow. Maintain your regulatory compliance throughout the entire lifecycle of your customers with an AI-powered automated solution. By ensuring continuous monitoring, you can easily meet stringent controls and support a robust financial ecosystem. Moreover, our offerings, including Risk Screening and Customer Due Diligence, streamline your operations and enhance efficiency. Experience a comprehensive digital document management system that is tailored for effective onboarding, remediation, and the management of customer file lifecycles. This tool strikes a harmonious balance between efficient, compliant, secure data management and an intuitive user experience, making it an invaluable asset for your organization. Ultimately, embracing this technology not only simplifies processes but also strengthens your compliance posture in an ever-evolving regulatory landscape.

In the current corporate landscape, companies face significant risks that arise from various sources, including competition and external market conditions. Our team of consultants assists in connecting risk indicators with performance metrics, enabling you to establish a solid foundation while sidestepping potential negative consequences, thereby facilitating informed decision-making for your business's growth. We provide comprehensive assistance throughout all stages of risk management, ranging from identifying risks to implementing effective processes and embracing digital transformation. By doing so, we empower risk management personnel with hands-on expertise and specialized tools that enhance their ability to detect risks promptly across different organizational levels. This proactive approach allows for real-time responses and adjustments to strategies based on analyzed data. Additionally, we emphasize the importance of fostering a culture of success by training employees, engaging various departments, and equipping them with practical knowledge and effective risk management resources. Ultimately, this holistic strategy not only strengthens your organization’s resilience but also drives continuous improvement and success in an ever-evolving business environment.

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.

This framework allows for a comprehensive view of various opportunities and challenges, ensuring that both team members and stakeholders share a mutual comprehension of the risks, processes, and their respective responsibilities. The Risk Management system is designed to address potential effects on your organization or project, encompassing both advantageous and adverse outcomes. As a qualitative tool, it facilitates the description, documentation, and sharing of risks, enabling users to access pertinent risks and corresponding mitigation strategies. Users can easily add or modify information with minimal guidance required. Essential components of the process include identifying opportunities and threats, assessing and prioritizing them, and monitoring progress while regularly updating the risk matrix and associated actions. This tool not only aids in prioritizing and conveying risks effectively but also tracks mitigation efforts, providing complete traceability of the historical evolution of each risk over time. By fostering an organized approach to risk management, this system ultimately enhances decision-making and strategic planning within the organization.

Today, lending is all about discovering new opportunities. To do this, lenders need to find new ways to evaluate risk and segment it. By leveraging insights outside the traditional credit file, lenders can expand their view of consumers and unlock growth in new areas. OneScore is a next generation risk score that combines industry-leading traditional consumer credit attributes and differentiated alternative data. It helps you score more consumers while enhancing your decision-making power.

The PRC Enterprise Risk Register is an online software tool designed to help users monitor risks across various project, program, and portfolio levels. It provides instant access to audit logs for any changes or updates made to risks, making it easier to manage audits, claims, and information flow. One of the key advantages of the PRC Enterprise Risk Register is its user-friendly interface, which allows for effortless navigation at both project and portfolio tiers while still maintaining comprehensive functionality and data integrity. Additionally, this software enables the mapping of data across different project levels, allowing for aggregation and reporting at the portfolio level, regardless of the consistency in work, risk, and organizational structures. Furthermore, the PRC Enterprise Cost Risk Analysis complements this by offering a customizable web platform focused on simulating cost estimates and identifying cost contingencies, cost drivers, and areas of risk concern, thus enhancing overall project management capabilities. With these tools, organizations can better strategize and mitigate potential risks effectively.

The Opture ERM Basic Version serves as an introductory risk management tool designed for users new to the field, allowing for the continuation and adaptation of both established and tailored methodologies within a professional, web-based software framework. This software comprehensively covers all aspects of the risk management cycle, including identification, evaluation, analysis, control, reporting, and monitoring, while also providing a foundation for future modular enhancements. Moreover, the Opture ERM Basic Version offers a holistic perspective on calculating gross and net expected values, highlighting the connections among a company's organizational and process structures, associated risks, and designated risk owners, which in turn facilitates the development of effective control strategies. By integrating these elements, users can ensure a more cohesive approach to managing potential risks.

SECTARA™ is a security threat and risk assessor created by security consultants and corporate security managers who were frustrated with the lack (of) advanced security risk assessment software and tools. Risk assessments performed using MS Office products can be a difficult process. They are plagued with styling and formatting issues, layout selection, and the need to reverse engineer documents to ensure logic. These methods are not very collaborative, they present data security issues and they often go beyond the recommended security standards and their evaluation methodologies (because we're all human). Moreover, enterprise-wide risk systems are generic by nature and the needs of security risk consultants are very specific. It is also difficult to get IT approval and spend approval for systems hosted internally, especially if they are not part a 'core business'. SECTARA™, a risk assessment tool, was developed to address these problems.

GlobalSUITE Solutions applications simplify compliance with industry frameworks and promote adherence to best practices derived from a comprehensive collection of global standards and specific regulations. This solution enhances the management of your Security and Cybersecurity System by eliminating outdated manual processes that can hinder equipment efficiency. Clients can commence operations immediately, without the hassle of spending time on loading various compliance and risk catalogs, methodologies, and controls. Everything is set up to streamline processes, allowing you to concentrate on what truly matters—achieving your objectives. We also assist with a risk analysis that is flexible enough to fit any methodology, enabling you to conduct assessments using risk maps and automated dashboards. Furthermore, the system facilitates the creation of an automated adequacy plan with workflows that provide period comparisons and maintain a record of compliance history, ensuring you remain informed and proactive in your security practices. This comprehensive approach not only saves time but also enhances the overall effectiveness of your security measures.

Our software employs the Potential Delinquency collection method, a strategy recognized by enterprise lenders for boosting month-end collections by as much as 30%. Utilizing Net Balance at Risk (NBAR), we assign risk grades ranging from A to E for every active loan, which is driven by six sophisticated scoring models operating in the background. The system intelligently determines the optimal time to reach out to borrowers for each contact number, informed by historical activity. This approach enhances your chances of making successful right-party contacts while reducing unnecessary call attempts within your portfolio. Our advanced work queues dynamically organize each agent's tasks through smart sorting algorithms, ensuring that accounts, such as those where customers defaulted on their payment promises, are prioritized. With risk grades assigned to every loan, you have the ability to delegate the most challenging accounts to your top-performing collectors. Additionally, our comprehensive reporting tools will enable you to pinpoint your most effective collectors. The software also offers actionable recommendations based on the current account status and borrower engagement levels, ensuring that you are always equipped with the best strategies moving forward. This holistic approach not only streamlines operations but also maximizes the efficiency of your collection efforts.

Streamline your approach to data governance, risk management, and regulatory compliance using IBM OpenPages, an advanced, scalable, and AI-enhanced GRC platform. IBM® OpenPages® provides a comprehensive governance, risk, and compliance (GRC) solution that operates seamlessly on any cloud through IBM Cloud Pak® for Data. This platform facilitates the centralization of disparate risk management processes within a unified framework, enabling organizations to efficiently identify, manage, monitor, and report on risk and compliance in today’s dynamic business environment. Equip your organization for future challenges with a customizable, integrated enterprise risk management solution that can accommodate tens of thousands of users. Additionally, foster widespread GRC adoption across all business lines with an intuitive, task-oriented user interface that streamlines task completion and enhances productivity. By leveraging these capabilities, organizations can better navigate the complexities of risk and compliance while driving organizational resilience.

Enable your workforce to enhance productivity and lower the overall cost of risk with a Risk Management Information System (RMIS) designed to provide valuable insights and measurable outcomes. Implementing active risk management allows you to equip your employees with the tools they need to effectively navigate risks through a technology platform that is centralized, interconnected, scalable, and driven by data to achieve optimal results. By utilizing Aclaimant’s centralized system, you can successfully minimize accidents, shorten claim lag times, and reduce case durations, all while ensuring your risk management office is seamlessly linked to field incidents. Additionally, you can lower the expenses associated with claims by improving both prevention strategies and mitigation efforts, thereby enhancing your overall insurability. Enhance the effectiveness of your top-tier risk and safety experts with cutting-edge, mobile-first technology and automation solutions. Aclaimant not only keeps your team engaged but also boosts talent attraction, workplace morale, and employee retention rates. Explore a variety of case studies and resources to gain deeper insights into how the Aclaimant platform can be effectively utilized to benefit you and your team, paving the way for a more efficient risk management approach. With these strategic tools, your organization can cultivate a culture of proactive risk assessment and management, ultimately leading to sustained success and resilience.

We make the world safer, more sustainable, and more productive. Our software analyzes data from many sources to help companies make better strategic business decisions regarding mitigating risk. This is called Integrated Risk Management 4.0 (IRM 4.0). Our success is based on the fact that we have never had to deal with any of these incidents. Sphera's Environment, Health, Safety & Sustainability solutions provide end-to-end risk management on a single platform that can be scaled to meet companies' daily and strategic EHS&S goals. Sphera's Operational Risk Management Solutions help operators create a unified strategy to drive Operational Excellence throughout the enterprise. Sphera's Product Stewardship Solutions combine the best-of-breed and rich content to allow you to comply, streamline, and automate all aspects of your products' lifecycle.

RemoteComply System is a user-friendly, cloud-based software solution tailored to house and manage all essential documentation and information required for a company’s Operational Risk Management needs. It comes equipped with standard reporting functionalities. Comprising six interconnected products, RemoteComply offers a comprehensive suite of tools. RemoteVendor serves as a vendor management system that evaluates vendors based on FFIEC regulations and due diligence requirements. RemotePlan functions as a business continuity planning tool, accumulating vital company information to create a thorough business impact analysis (BIA). RemoteNotify acts as an alert system capable of dispatching immediate or scheduled mass notifications through email, text, and audio channels. RemotePolicy is a document management tool specifically crafted to oversee every element of policy and procedure management, including the storage, tracking, distribution, and approval of documents. Lastly, RemoteProfile provides a risk management solution that focuses on identifying and managing risks associated with an organization’s assets, ensuring a holistic approach to risk mitigation.

Operational Risk Management, as outlined in the Basel Banking Accord, refers to the potential for direct or indirect losses stemming from inadequate or failed internal processes, personnel, systems, or external events. Regardless of the nature of your enterprise, operational risk threats emerge even before any products are offered to the market. By gaining insight into these risks, including their likelihood and potential impact, businesses can focus on implementing effective controls for the most critical threats. Furthermore, comprehending the root causes of issues can aid employees in enhancing their operational practices, minimizing costly mistakes, and ensuring a high standard of service delivery to clients. The tracking of Loss Data, commonly known as internal data, involves meticulously recording incidents of loss and correlating those data points to specific business units, processes, and control failures that either caused or contributed to the issues. This systematic approach not only helps in mitigating risks but also fosters a culture of continuous improvement within the organization.

VComply's integrated GRC suite allows compliance and risk teams to collaborate digitally. This gives 360-degree visibility into an organization’s compliance and risk programs. It is simple to set up VComply, and configure settings to manage your compliance programs. The implementation team will be there to help you through every step of the process. VComply's integrated workflows, frameworks, and frameworks for regulations such as SOX, PCI and GDPR help automate repetitive tasks, increase transparency, and improve collaboration. Businesses can access real-time information and dashboards through powerful reports and intuitive dashboards. Real-time calendar alerts will help you keep track of compliance deadlines. Users can sync their compliance events between Outlook and Google calendars using the sync feature.

Software that helps companies to identify, prevent, and control the risks of money laundering and terrorist financing. Pirani AML Suite can segment clients based upon similar transactional behavior and monitor operations that may seem suspicious. It also allows it to detect fraud or money laundering in real time by monitoring any financial transaction that is made in any transactional channel. Your company can be exposed to money laundering and terrorist financing if you have controls in place. Request a tour of our solution to learn more about how we can help you. Compliance with regulations and other circulars relating to the implementation of a LAFT-related risk system. To determine the integrity of the data, the client must first identify the data. The client's information on a single screen to allow for analysis of the alerts.

Reduce technical engineering-related risks that can affect performance, operational reliability, and maintenance costs through the use of modeling, analysis, and decision support processes. The MADe system facilitates improved decision-making regarding the design and maintenance of safety and mission-critical equipment throughout the entire product lifecycle. By employing interdependent analysis capabilities, it addresses the technical, operational, and economic needs of the system's operators and maintainers, thereby mitigating risks effectively. Furthermore, MADe serves as a comprehensive analysis tool that produces the necessary documentation for Airworthiness certification. Conducting analysis concurrently with the design phase enhances the efficiency of the certification process significantly. Additionally, MADe meticulously tracks the origins of all parameters utilized in its analyses, ensuring a robust mechanism for evaluating the quality of data that informs engineering decisions and assessments. This attention to detail ultimately strengthens the reliability and effectiveness of the engineering processes involved.