Best Operational Risk Management Software - Page 6

Early Warning Systems

Beyond Weather's Early Warning Systems are advanced solutions designed to provide timely and accurate alerts for impending weather hazards, enabling communities and organizations to take proactive measures to mitigate risks. By leveraging cutting-edge meteorological data and predictive analytics, these systems deliver critical information that helps safeguard lives and property.

Enterprise OpRiskCenter

Operational risk management functionality built on an enterprise-wide foundation covering organizational, process, and data management functionality

EQS Risks

Identify potential issues early by connecting data across your organization, prioritize their mitigation, and achieve real-time insights into your risk status.

Experian AML Back Book Assessment (UK)

Experian's AML Back Book Assessment is a comprehensive solution designed to help businesses efficiently verify and manage their existing customer portfolios in compliance with Anti-Money Laundering (AML) regulations. By leveraging advanced data analytics and daily updates from authoritative sources, this service enables organizations to gain a clear understanding of complex corporate structures, identify beneficial owners, and assess potential risks associated with their business clients. Key Features and Functionality: - Daily Data Updates: Integrates daily feeds from Companies House to ensure the most current information is available. - Advanced Corporate Analysis: Utilizes unique algorithms to analyze shareholder and director data, uncovering all layers of a company's structure. - Beneficial Ownership Identification: Calculates individuals with shares or voting rights of 10% or more, and incorporates Persons of Significant Control (PSC) data to identify those with control over the business. - Risk Mitigation: Screens existing business customer back books to reduce the risk of missing hidden or changing information. - Automated Checks: Provides efficient, consistent automated checks to enhance the customer experience. - AML Scoring: Establishes AML scoring to assess the risk profile of the customer portfolio in terms of geography, entity, and industry. - Regulatory Compliance Support: Assists with meeting Financial Crime Compliance regulatory requirements. Primary Value and User Solutions: The AML Back Book Assessment addresses the challenges businesses face in maintaining up-to-date and accurate information on their existing customers, particularly those with complex or opaque structures. By automating the verification process and providing detailed insights into corporate ownership and control, the service enables organizations to make informed, risk-based decisions quickly and confidently. This not only ensures compliance with AML regulations but also enhances operational efficiency and customer satisfaction by reducing delays and manual intervention.

Experian FRAML Score (UK)

Experian's FRAML Score is an innovative solution designed to enhance the detection and prevention of financial crime by integrating fraud detection and Anti-Money Laundering (AML) processes. By leveraging analytical insights from key data sources, the FRAML Score aids both AML and fraud teams in identifying suspicious activities and managing risks throughout the customer journey. Key Features and Functionality: - Data-Driven Analysis: Utilizes variations of AML Flags, including Adverse Markers and Cashflow Profiles, to assess potential risks associated with businesses. - Customizable Risk Assessment: Allows organizations to set customizable cut-off scores based on their specific risk appetite, facilitating tailored risk management strategies. - Integration with Existing Processes: Can be seamlessly incorporated into existing workflows, enhancing Know Your Business (KYB) processes and compliance measures. - Bespoke Analytics Engagement: Offers the option for a tailored model built upon an organization's own data, providing personalized insights and risk assessments. Primary Value and User Solutions: The FRAML Score empowers organizations to quickly and accurately identify risks, reduce false positives, and automate manual processes, thereby enhancing customer experience while ensuring regulatory compliance. By combining fraud and AML best practices, it provides a comprehensive understanding of commercial customers and the individuals behind businesses, enabling proactive risk management and the early detection of suspicious behavior.

Forestpin Analytics

GOAT Risk

GOAT Risk™ is an award-winning, low cost, cloud-based platform that makes risk management simple, fast, and effective. Designed for organisations of all sizes, GOAT replaces outdated spreadsheets with a dynamic, easy-to-use solution - perfect for both risk experts and non-experts alike. With a powerful yet intuitive interface, you can streamline risk management and assurance activities in a single source of the truth. There's no setup or installation costs. And no minimum term. Just an effective, low-cost risk management solution starting from £30 per month. With fast collaboration, powerful 1-click reporting, and a great user experience, GOAT drives accountability and ownership, saving you time and effort. Highly configurable for a huge variety of use cases, GOAT helps you stay ahead.

Granite Risk Management

Granite Risk Management is a low cost and customisable risk management software. Granite Risk Management comes with ready-made risk management templates, adaptable workflows, automated action tracking and incident reporting. With Granite users can connect data-led risk metrics with stakeholders, manage performance and share risk and control data across the enterprise and between divisions.

Haz360

Haz360 is a cloud based Integrated PHA software for owners with multiple assets. Key benefits of Haz360 are: 1. Cost Savings (due to reduction of cost of a catastrophic event or a regulatory fine) 2. Increased efficiency (due to automation, reduced manual errors, improved collaboration, traceability - typically can cut preparation time by 70%) 3. Better Knowledge capture (when experienced engineers retire, their "tribal knowledge" walks out the door. Our software captures this knowledge, preventing the company from repeating past mistakes. We can implement AI/ML to assist training Junior engineers - Other challenge is Gen Zs are not very keen to work in a factory environment) 4. 100% Ownership of Client Data (Clients can host the Data and Application anywhere their IT team prefer). We have separated the application and data completely for better Data Security. Clients can confidently upload their P&ID, SIF, Alarms, SIS and others for continuity from Pre-FEED to FEED to EPC to Commissioning to Operations & Maintenance as a Single Source of Knowledge. 5. Flexible Customization without Programming (easy to implement in hours instead of months with readily available standard templates as well as can create new ones). Haz360 is fully integrated with PHA (HAZOP), SIL Classification, SIL Verification, Bowtie Barrier Management, Safety Critical Elements, Action Closeout, Management of Change Workflow, Incident Reporting, Alarm Rationalization and more.

HAZOP Manager

Interos

interos.ai is the Supply Chain Risk Intelligence company — building the most trusted and transparent supply chains in the world. Our pioneering discovery and monitoring technology spans the lifecycle of supply chain risk, bringing speed and clarity to enterprise response. As the world's first, and only, automated supplier threat mitigation platform, we continuously map and monitor extended supply chains in real-time to protect organizations from regulatory fines, unethical labor, cyber-attacks, and other systemic vulnerabilities. Interos serves a variety of commercial, government, and public sector customers around the world including a host of Global Fortune 500 companies and from within the members of the Five Eyes nations. Named by Inc. Magazine as one of America's fastest-growing private companies, interos.ai is led by CEO Ted Krantz and supported by premiere investors NightDragon, Venrock and Kleiner Perkins. For more information, visit www.interos.ai.

IRIS Intelligence

IRIS Intelligence provides award winning software and ancillary services for managing risk in the enterprise.

ISO2HANDLE

Are you a quality or risk manager looking for a powerful solution? With ISO2HANDLE, you gain superpowers that give you control over your quality, safety, HR, and environmental processes in no time. ISO2HANDLE is the perfect solution for businesses in virtually any industry. Our software works on both desktop and mobile and supports features such as risks and controls, complaint management, RI&E, registrations, notifications, task management, audits, document management, onboarding, assessments, resource management, RASCI, leave requests, assessments, certificate register, environmental measures and more. With just one click, you can generate reports, making audits a breeze. Based in the Netherlands, we proudly support hundreds of companies worldwide.

Average Rating: 4.5/5.0

Total Reviews: 1

Kinetirisk

project risk management soution for busy project teams, use AI to better manage project risks.

KPMG Sofy Suite

KPMG Sofy Suite offers a wide variety of solutions, created to address specific data-driven business problems. These solutions can be configured to your needs. Within the Sofy portfolio we have 5 main domains on different business areas. - Governance, Risk & Compliance - Data Management - Tax Management - Strategy & Operations performance - Finance Management KPMG Sofy Suite allows you to make better business choices, by providing you with real-time insights through ready-to-use data analytics.