Risk Proof by PwC
Rating: 8 out of 10
IncentivizedUse Cases and Deployment Scope
Data-based reporting for previously flagged clients, suppliers, vendors, and collaborators eliminates the risk of getting into potential frauds or crimes like tax evasion, money laundering, and many other unethical or illegal practices.
Pros
- Data based visualization
- Open source for data gathering
- Thorough risk assessment
Cons
- More market reach
- More tools for decision making by boardroom
- Lesser price for more client base
Likelihood to Recommend
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.
Vetted Review
1 year of experience