Name: COMPLIANCE RISK MANAGEMENT SYSTEM
Author: Compliance Solutions

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Web and Video Conferencing

Customer Support

Chatbot

Development

Classroom Management

Education

Business Intelligence (BI)

Collaboration

Corporate Social Responsibility (CSR)

Email Spam Filter

Enterprise

Accounting

Accounting and Tax Services

Financial Risk Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

Diversity, Equity, and Inclusion (DEI)

Employee Recognition

HR Management

Payroll

Recruitment Marketing

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

3D Printers

Application Virtualization

Browser

Cloud Cost Management

Cloud Storage

Content Delivery Networks (CDN)

Disk Cloning

Fraud Detection

IP Address Management (IPAM)

Integration Platform as a Service (iPaaS)

IoT Security

License Management

MLOps

Managed IT Service

Network Performance Monitoring

Network Security

Operating Systems

Secret Managers

Server Virtualization

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Brand Intelligence

Contact Center

Content Management

Email Marketing

Event Management

Marketing Automation

Product Sampling

Social Media Management

Social Media Marketing

Survey & Forms Building

Video

Web Analytics

Marketing

Meeting Room Booking

Project Management

Professional Services

Construction CRM

Customer Relationship Management (CRM)

Intelligent Virtual Assistant

Lead Generation Services

Sales

Database Security

Video Surveillance

Security

Computer-Aided Manufacturing (CAM)

Construction Takeoff and Estimating

Debt Collection

Hotel Management

InsurTech

Lease Management

Multiple Listing Service (MLS)

Population Health Management

Rental Property Management

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Vertical-Specific

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The Compliance Risk Management System, developed by Compliance Solutions, aims to assist businesses in identifying and mitigating compliance risks at an early stage. According to the vendor, this solution is suitable for businesses of various sizes and is particularly beneficial for risk managers, compliance officers, legal professionals, financial institutions, and healthcare organizations.

## Key Features

**Holistic Risk Management**: According to the vendor, the Compliance Risk Management System covers a wide range of compliance risks such as corruption, cartelization, money laundering, data protection, and technical compliance. It utilizes AI-powered technology to analyze the likelihood of these risks occurring.

**Guided Processes & Integrated Systems**: The system employs user-friendly guided processes to ensure the efficient distribution, collection, organization, and evaluation of information. According to the vendor, it facilitates the documentation of decision-making processes and seamlessly integrates with other business processes and systems.

**Risk Aggregation & Assessment**: The system allows risk managers and employees to centrally assess individual risks and their potential impacts. It aggregates and evaluates the data collected from these assessments to provide a comprehensive view of risks. According to the vendor, the results of risk assessments can be used to identify trends, patterns, and areas for improvement.

**Individual Questionnaires for Business Partners**: The Compliance Risk Management System enables the creation of individual questionnaires for business partners. These questionnaires can be customized to gather specific information related to compliance risks. According to the vendor, the system streamlines the process of collecting and analyzing data from business partners to identify potential risks.

**Regular Review of Potential Risks**: The system supports regular reviews of potential risks to ensure ongoing compliance. It provides tools and functionalities to assess and monitor changes in laws, regulations, and business operations. According to the vendor, regular reviews help companies stay up-to-date and proactive in managing compliance risks.

**Automatic Generation of Measures and Actions**: According to the vendor, the Compliance Risk Management System automatically generates measures and actions based on identified risks. It provides recommendations and suggestions for mitigating and addressing compliance risks. This feature helps companies streamline their risk management processes and implement timely actions.

**Over 20 Languages and Translations**: The system offers support for over 20 languages and translations, allowing users to interact with the system in their preferred language. According to the vendor, this feature enables multinational companies to effectively implement the Compliance Risk Management System across different regions.

**Standard, Turnkey, and Customizable Options**: The Compliance Risk Management System provides different options to suit the needs of companies. Standard workflows offer best-practice processes for risk management, while turnkey implementation ensures quick deployment. According to the vendor, the system is also customizable for enterprises that require tailored functionalities and workflows.

**Interfaces to Other Software Systems**: The Compliance Risk Management System seamlessly integrates with other software systems, including master data systems, for quick access to relevant information. According to the vendor, this feature allows for efficient data exchange and collaboration across different platforms.


Predict360, the flagship software solution by 360factors, is a Risk and Compliance Intelligence Platform augmented with Artificial Intelligence technology to predict and mitigate operational risks while streamlining regulatory compliance. Predict360 integrates regulations and obligations, compliance management, risks and controls, KRIs, audits and assessments, policies and procedures, and training in a single cloud-based SaaS platform based on artificial intelligence to provide predictive analytics and unique insights for predicting risks and streamlining compliance.

Predict360 by 360factors

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Clear Analytics

COMPLIANCE RISK MANAGEMENT SYSTEM

Governance, Risk and Compliance (GRC) Platforms are software for automating the performance and security risk management, and compliance auditing policies inherent in IT asset management.

Governance, Risk & Compliance

Compliance Solutions

The goal of IT governance is ultimately to ensure that the processes governing evaluation, selection, prioritization, and funding of competing IT investments are driven by the overall business

Common repository of GRC items

A common repository linking all GRC elements such as policies, risks, regulations, etc.) to give a 360 degree view

Risk management

Risk management capabilities including alert engine to warn of trending risk exposure and risk visualizations like heat maps, dashboards, etc.

Integration with Corporate Performance Management (CPM) systems

Ability  to integrate with external CPM software

GRC policy management

Support for policy lifestyle changes including creation, approval, communication etc.

Incident management

System captures risk-related incidents, including cause and result

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

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Governance, Risk & Compliance Platforms

COMPLIANCE RISK MANAGEMENT SYSTEM

Overview

What is COMPLIANCE RISK MANAGEMENT SYSTEM?