Risk Proof vs. Shift Financial Crime Detection

Risk Proof

1 Reviews and Ratings

Shift Financial Crime Detection

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Risk Proof	Score8 out of 10	N/A	Risk Proof, a PwC Product, aims to enable organizations to act quicker to stay on top of the ever-changing world of financial risk. It streamlines risk assessments into a single platform, in order to make the entire process visual, interactive, trackable and actionable. The vendor states users will spend less time on manual tasks and more time knowing what risks and controls to focus on, to help increase protection.	N/A
Shift Financial Crime Detection	N/A	N/A	World governments require insurance companies to know who is using their services, and to prevent identified bad actors from using insurance services to launder money. Using Shift Financial Crime Detection, insurers can resolve bad actors' entities using AI, while at the same time mitigating illegal activities. Insurers can demonstrate their compliance.	N/A

Pricing

Risk Proof

Shift Financial Crime Detection

No answers on this topic

No answers on this topic

Pricing Offerings
Risk Proof	Shift Financial Crime Detection
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

No setup fee

No setup fee

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User Ratings
	Risk Proof	Shift Financial Crime Detection
Likelihood to Recommend	8.0 (1 ratings)	- (0 ratings)

User Testimonials
	Risk Proof	Shift Financial Crime Detection
Likelihood to Recommend	PwC Risk proof is well suited for quickly finding out potential money laundering [clients] and how much risk would it pose to get into a deal with the client. Risk proof is less suited around some ethical practice assessment of an organization. Such a scenario needs more manual intervention rather than tool assessment. Incentivized Verified User Read full review	Shift Technology No answers on this topic
Pros	PwC Data based visualization Open source for data gathering Thorough risk assessment Incentivized Verified User Read full review	Shift Technology No answers on this topic
Cons	PwC More market reach More tools for decision making by boardroom Lesser price for more client base Incentivized Verified User Read full review	Shift Technology No answers on this topic
Alternatives Considered	PwC It was the tool used in the organization for risk assessment of any potential leads and deals. Before the tool, we used to analyze any risks using manual effort and approach which used to take a lot more man-hours and less reliable quantitative analysis for similar kinds of deals and scenarios. Incentivized Verified User Read full review	Shift Technology No answers on this topic
Return on Investment	PwC Helped determining risks for ongoing deals Helped in Decision making process in board meetings Negative: Added some cost to the project Incentivized Verified User Read full review	Shift Technology No answers on this topic
ScreenShots	Risk Proof Screenshots