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.
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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.
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SA Risk Manager
Risk Manager empowers your organization to establish and implement control measures aimed at reducing process-related risks while effectively managing their levels through audits and contingency strategies. The SA Risk Manager facilitates the identification, analysis, and assessment of control measures to prevent the emergence of strategic risks across various domains, including processes, projects, financial matters, environmental concerns, legal issues, and more. This approach to risk management can be integrated at both the organizational level and within individual business units. It includes detailed mapping of processes and subprocesses relevant to the company or its divisions. Additionally, it involves the identification of risks, risk factors, and control measures. A comprehensive workflow is established for audits, encompassing process mapping, risk identification, control measure activities, checklist creation, audits, identification of nonconformities, the development of corrective action plans, and the tracking of these actions. Furthermore, ongoing analysis and observations of risks are conducted to ensure the implementation of best practices throughout the organization. Ultimately, this holistic approach to risk management not only enhances operational efficiency but also fortifies the organization against potential threats.
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SimpRisk
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.
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