[ Pirani Reviews ](https://www.g2.com/products/pirani/reviews) [ Pirani Reviews ](https://www.g2.com/products/pirani/reviews) # Pirani Features ##### ## Risk Management (6) Risk Identification Identify various risk factors such as the inadequate use of technology, human factor, or external risks. Risk Classification Ability to classify risks based on risk type, severity, and custom criteria. Risk Methodology Support for various methodologies and frameworks for risk management. Goals Monitoring Monitor risk management performance against goals and objectives. Real-Time Monitoring Active monitoring of systems, applications, or networks KRI (Key Risk Indicator) Monitoring Tracking of various risk indicators including risk metrics, historic trending, metadata & more to gauge the organization's risk posture Show More ##### ## Business Continuity Management (22) Recovery Plans Ability to create and compare recovery plans using standard out of the box templates. Procedure Templates Includes a library of procedures and standard plan templates. Crisis Management Procedures to implement crisis management plans and actions. Task Management Create, manage and track all task activities and progression Assessment Management Creation, administration, and evaluation of assessments or tests IT Risk Management Manage risks related to IT systems Audit Management Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws Vendor Risk Management Pinpoint and mitigate risk from third-party vendors and suppliers. Document Management Store, manage, and track all electronic documents in a centralized location Incident Management Manage and track all disruptions and incidents Compliance Management Track and manage adherence to policies for any service, product, process, or supplier Policy Management Create, manage, and track policies and procedures within an organization Internal Controls Management Ensure internal objectives and compliance with policies are met Reputational Risk Management Identify, monitor, and assess risks to brands Forms Management Store, manage and track all forms in a centralized location Operational Risk Management Manage risk that occurs from systems failure or inadequate processes Workflow Management Create, design and manage workflows for repetitive tasks Exceptions Management Automated handling of non-compliant EDI transmissions. Issue Management Identify and respond to unexpected problems or failures (ie. "negative events") Vendor Management Ability to track and store all vendor-related information, such as contacts, services offered, terms, etc. Safety Management Identify and assess hazards to ensure the well-being of employees, assets, and the environment Legal Risk Management Manage the risk of both financial and reputational loss resulting from nonadherence to current legislation Show More ##### ## Platform (5) Integration Delivers APIs and standard integrations with other software systems. Security & Privacy Complies with security and privacy regulations and standards. Mobile Access Allows users to access the software using mobile devices. Flexibility Facilitates software configuration without the need for technical experise. Third-Party Integrations Set up connections to third-party platforms to improve business processes Show More ##### ## Services (4) Implementation Assists customes through all the phases of the implementation process. Training & Learning Provides software users with training courses and learning content. Customer Support Delivers customer and technical support, directly or trough partners. Professional Services The vendor provides consulting services such as business process reengineering. Show More ##### ## Fraud Detection (5) Name Matching The solution uses intelligent algorithms like fuzzy matching to identify potential risks. Watch List Create watchlists that can include sanctions lists (e.g., Dow Jones, WorldCheck, WorldCompliance, and Accuity). Scoring Score persons and organizations based on their history and risk potential. E-filing Pool data from various sources to auto-populate e-filing of Suspicious Activity Report (SAR) or Currency Transaction Reports (CTR) forms. Workflows and Alerts Standard workflows to assign workload and to alert users based on predefined triggers. Show More ##### ## Compliance (4) Due Dilligence Manage due dilligence processes such as Customer Due Diligence and Know Your Customer. Regulations and Jurisdictions Comply with regulations from multiple jurisdictions such as OFAC, UN, EU, OSFI, UK and AUSTRAC or FATCA. Internal Policies Compliance with fraud and risk management policies created by the company using the solution. PEP Screening The process of conducting customer due diligence for any politically exposed person (PEP) Show More ##### ## Monitoring (5) Models Create behavior models that can be used to detect suspicious behavior. Simuation Simulate and validate scenarios to address multiple types of risks. Transaction Monitoring Real-time transaction screening to immediately identify potential risks. Segmentation Allows users to segment and manage lists of suspicious persons and organizations. QA Evaluate the quality and performance of the anti-money laundering activities. Show More ##### ## Reporting (3) Compliance Reports Ability to generate standard reports for compliance purposes such as FATCA/CRS, SARS/STR and SWIFT. Suspicious Activity Display suspicious activity by period, risk type, person or organization. Real-Time Dashboards Dashboards to provide real-time data on suspicious transactions, persons, or organizations. Show More ##### ## Generative AI (5) AI Text Generation Allows users to generate text based on a text prompt. AI Text Generation Allows users to generate text based on a text prompt. AI Text Summarization Condenses long documents or text into a brief summary. Generative AI Use AI to generate content in the form of text, images, videos, etc. AI Tasks Automates basic tasks and workflows utilizing AI. Show More ##### ## Onboarding - Contractor Risk Management (2) Workflow Managment Offer automated tools for contractor onboarding Compliance Verification Provides tools for compliance verification Show More ##### ## Document Management - Contractor Risk Management (2) Analysis Enables users to analize documents for audit purposes Repository Provides visibility into invoices and optimizes information retrieval Show More ##### ## Risk Management - Contractor Risk Management (2) Performance Monitoring Assess and monitors contractor performance Risk Reporting Monitors performance and safety records Show More ##### ## Generative AI - Security Compliance (2) Predictive Risk Can analyze patterns and trends in security data to predict potential compliance risks. Automated Documentation Can automate the creation of compliance documentation by quickly generating accurate and comprehensive reports. Show More ##### ## Generative AI - Anti Money Laundering (3) Risk Scoring Has integreated AI features to assess and assign risk scores to transactions and customer profiles, enabling prioritized investigations based on potential threat levels. Pattern Recognition Uses AI algorithms to identify complex patterns and anomalies in transaction data that may indicate money laundering. Optical Character Recognition Ability to recognize printed or written text within digital images or scanned documents Show More ##### ## Monitoring - IT Risk Management (1) AI Monitoring Utillizes AI to monitor and report on incidents in real-time. Show More ##### ## Operational Risk Management (3) Operational Risk Methodology Support various methodologies and frameworks for operational risk management such as ISO 31000 and COSO. Operational Risk Classification Ability to classify risks based on risk type, severity, and custom criteria. Operational Risk Identification Identify various risk factors such as the inadequate use of technology, human factor, or external risks. Show More ##### ## Business Resilience (4) Business Continuity Support business continuity plans through integrations with business continuity software, incident response, or controls planning Compliance Management Reduce risk of legal liability through regulations and standards compliance. Incident Management Manage and track all disruptions and incidents Policy Management Create, manage, and track policies and procedures within an organization Show More ##### ## Agentic AI - IT Risk Management (2) Autonomous Task Execution Capability to perform complex tasks without constant human input Multi-step Planning Ability to break down and plan multi-step processes Show More ##### ## Agentic AI - Anti Money Laundering (3) Adaptive Learning Improves performance based on feedback and experience Decision Making Makes informed choices based on available data and objectives AI/Machine Learning Software program that continuously adjusts its behavior based on observed data Show More ##### ## Agentic AI - Operational Risk Management (1) Proactive Assistance Anticipates needs and offers suggestions without prompting Show More ##### ## Additional Functionality (172) Workflow Management Create, design and manage workflows for repetitive tasks Biometrics Identify or authenticate a person's identity through biological data such as fingerprints or facial patterns. SSL Security Security protocol that ensures secure, encrypted communication over the internet, safeguarding sensitive data from unauthorized access Data Import/Export Import and export data to and from software applications Real-Time Data Receive data and information in real time Compliance Tracking Track and report regulatory data to either internal management or external stakeholders Document Storage Store and organize documents in a centralized system Real-Time Reporting Active reporting of data and metrics Data Verification Process of checking different types of data for accuracy to avoid errors or inconsistencies Customer Database A collection of customer information such as contact details, demographics, previous interactions, etc. Investigation Management Oversee people and resources to carry out an investigation Mobile Access Access software remotely via mobile devices Reporting/Analytics View and track pertinent metrics to find patterns and gain insights from data Search/Filter Search and filter data across systems to locate required information by entering keywords or certain criteria Real-Time Analytics Analyze and gain insights into data in real-time Audit Trail A record of all activities within the system, including user access, changes made, etc. Behavior Tracking Track visitors'/audience's responses across web pages and other optimized content Alerts/Notifications Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges Customizable Branding Add customized logos and colors to align with company branding Behavioral Analytics Track and analyse user behavior within a system or network Authentication Verify the identity of users/devices to enable secure access Fraud Detection Identify and prevent suspicious activity API Application programming interface that allows for integration with other systems/databases Case Management Work on a set of tasks related to a particular charge, patient, legal issue or any other complex entity or process Identity Verification Validating the identity of an individual or entity through verification of personal information or credentials Risk Management Process of identifying, evaluating, mitigating, addressing and reporting on potential risks or uncertainties Reporting & Statistics Collection, analysis, and representation of numerical data and generation of reports to understand various patterns Real-Time Notifications Notifications that are delivered to users as soon as an event occurs Risk Analysis Analyze potential risks across the organization Third-Party Integrations Set up connections to third-party platforms to improve business processes Contact Database Centralized database of stakeholders and their contact information such as names, address, phone number etc. Data Capture and Transfer Import, collect, and capture data from multiple sources Compliance Management Track and manage adherence to policies for any service, product, process, or supplier SARs Alerts/Escalation System alerts about the need to escalate an issue or request AI Copilot A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users Background Screening Researching and validating a person's criminal, educational, job or financial records Secure Data Storage Securely stores data to prevent data loss or breaches Generative AI Use AI to generate content in the form of text, images, videos, etc. Onboarding Process of familiarizing new clients, stakeholders or employees with the company, a new location, or a service Digital Signature Electronic signing method that validates the authenticity and integrity of a digital document Consent Management Manage user consent requests and documents Customer Data Management Searchable repository of information about clients For Financial Institutions Financial services institutions such as traditional banks, hedge funds, investment banks, and insurance agencies. Video Conferencing Connect with meeting participants remotely over video Blockchain Support Supports access to crypto blockchains SDKs A set of software tools and programs used by developers to create applications for specific platforms Geolocation Determines the location of a device using GPS or an IP address Multi-Language Manage and support multiple languages Scheduling Plan availability and assign specific time slots for tasks and resources Approval Process Control Manage the process of evaluating documents or requests submitted for approval Access Controls/Permissions Define levels of authorization for access to specific files or systems Lifecycle Management Manage the end-to-end lifecycle, from initial setup/development to deployment and maintenance Address Validation Verifies and confirms the accuracy of an address Document Management Store, manage, and track all electronic documents in a centralized location Forms Management Store, manage and track all forms in a centralized location Predictive Analytics Predict future data based on historical data sets Process Modeling & Designing Visually identify, define, and map all details and relationships surrounding business process models and elements Configurable Workflow Configure existing workflows to meet your organization's needs Real-Time Reporting Active reporting of data and metrics AI Copilot A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users Forecasting Form predictions based on past and present data/trends Risk Reporting Reporting of risks associated with specific actions, events, or entities Reporting & Statistics Collection, analysis, and representation of numerical data and generation of reports to understand various patterns API Application programming interface that allows for integration with other systems/databases Business Continuity Exercising Scenario-based process that test the validity of business continuity plans and procedures. Vulnerability/Threat Prioritization Classify levels of threat and organize actions based on priorities Customizable Reports Alter the layout and content of reports Audit Trail A record of all activities within the system, including user access, changes made, etc. Risk Alerts Notifying as a warning or reminder of a potential or imminent hazard Risk Scoring Assess and score risks using risk matrices Access Controls/Permissions Define levels of authorization for access to specific files or systems Surveys & Feedback Gauge satisfaction and receive information for improvement and success Data Visualization Graphical representation of data Document Storage Store and organize documents in a centralized system Heatmaps A visual display that uses a color spectrum to show how visitors interact with areas of a web page Risk Assessment Initiate collection and analysis of known risks Risk Analysis Analyze potential risks across the organization Financial Risk Reporting Qualitative or quantitative risk methodology to evaluate the risk for an individual account or portfolio, and identify problems Approval Process Control Manage the process of evaluating documents or requests submitted for approval Dashboard Assembly of graphs and charts for visualizing and tracking statistics/metrics Root Cause Analysis Identify and analyse the reasons behind accidents Activity Tracking Track and document all activities across devices, networks, and other systems Business Process Control Define and maintain business rules that determine workflow capabilities and criteria Alerts/Notifications Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges Data Import/Export Import and export data to and from software applications Performance Metrics A set of indicators that tracks the performance of networks, applications, systems, teams, etc. Security Auditing Systematic evaluation of the security of a company's overall security system and situation Dashboard Creation Creation and customization of dashboards Secure Data Storage Securely stores data to prevent data loss or breaches Scenario Planning Develop potential scenarios to identify risks and opportunities Prioritization Arrange tasks based on the level of priority or urgency Version Control Track revisions and updates made to files and navigate between different versions Reminders Timed notification for any upcoming task, deadline, appointment, or activity Corrective and Preventive Actions (CAPA) Investigate and take action at root cause or error in processes to prevent recurring issues Scenario Planning Develop potential scenarios to identify risks and opportunities Activity Tracking Track and document all activities across devices, networks, and other systems Prioritization Arrange tasks based on the level of priority or urgency Audit Trail A record of all activities within the system, including user access, changes made, etc. Risk Scoring Assess and score risks using risk matrices Approval Process Control Manage the process of evaluating documents or requests submitted for approval Customizable Reports Alter the layout and content of reports Predictive Analytics Predict future data based on historical data sets AI Copilot A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users Alerts/Notifications Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges Dashboard Assembly of graphs and charts for visualizing and tracking statistics/metrics Data Visualization Graphical representation of data Risk Reporting Reporting of risks associated with specific actions, events, or entities Version Control Track revisions and updates made to files and navigate between different versions Risk Assessment Initiate collection and analysis of known risks Reminders Timed notification for any upcoming task, deadline, appointment, or activity Risk Analysis Analyze potential risks across the organization Real-Time Reporting Active reporting of data and metrics Corrective and Preventive Actions (CAPA) Investigate and take action at root cause or error in processes to prevent recurring issues API Application programming interface that allows for integration with other systems/databases HIPAA Compliant Compliant with HIPAA, which sets standards for sensitive patient data protection Workflow Management Create, design and manage workflows for repetitive tasks Secure Data Storage Securely stores data to prevent data loss or breaches Third-Party Integrations Set up connections to third-party platforms to improve business processes Access Controls/Permissions Define levels of authorization for access to specific files or systems Consent Management Manage user consent requests and documents Data Mapping Track the management and flow of data throughout the organization Audit Management Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws API Application programming interface that allows for integration with other systems/databases Role-Based Permissions Set & manage permission levels based on user roles and restrict access to only authorized individuals Policy Management Create, manage, and track policies and procedures within an organization Single Sign On Allow users to access multiple services after entering their login credentials once Risk Management Process of identifying, evaluating, mitigating, addressing and reporting on potential risks or uncertainties Search/Filter Search and filter data across systems to locate required information by entering keywords or certain criteria Template Management Create, save, and re-purpose templates for emails, forms, etc. Multi-Language Manage and support multiple languages Data Visualization Graphical representation of data User Management Manage user accounts, profiles, roles, permissions, and other details across applications, devices or networks Monitoring Observe and track the demand, usage, progress or quality of a system, product, or user PIA/DPIA Data impact assessments to identify and mitigate potential data risks Alerts/Notifications Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges Sensitive Data Identification Identify sensitive or personal information collected from users Self Service Portal Online portal through which end users can access the system, manage tasks, or obtain information Archiving & Retention Moving and separately storing data that is not actively used or continuous storage of data for compliance purposes Data Import/Export Import and export data to and from software applications Risk Assessment Initiate collection and analysis of known risks Activity Dashboard Dashboard to view the status of ongoing processes, identify current incidents and track past activities Document Management Store, manage, and track all electronic documents in a centralized location PCI Compliance Store, process, and transmit cardholder data in compliance with the Payment Card Industry Data Security Standard (PCI DSS) Incident Management Manage and track all disruptions and incidents Data Governance Collection of processes, policies, and standards to manage the storage & usability of enterprise data Compliance Management Track and manage adherence to policies for any service, product, process, or supplier Customizable Templates Pre-designed layouts that can be customized to match preferences and requirements AI Copilot A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users Reporting & Statistics Collection, analysis, and representation of numerical data and generation of reports to understand various patterns Generative AI Use AI to generate content in the form of text, images, videos, etc. Data Storage Management Manage and store data in a database File Management Create, save, and store files Customizable Reports Alter the layout and content of reports Performance Metrics A set of indicators that tracks the performance of networks, applications, systems, teams, etc. Risk Analysis Analyze potential risks across the organization Intrusion Detection System Identify and alert about security breaches by third parties Log Analysis Analyzing computer-generated records called logs to identify the root cause of errors, bugs, security threats, or other risks Security Auditing Systematic evaluation of the security of a company's overall security system and situation Log Management Collects and aggregates data from various systems within the IT environment Reporting/Analytics View and track pertinent metrics to find patterns and gain insights from data Risk Alerts Notifying as a warning or reminder of a potential or imminent hazard PCI Assessment Conducting audits to ensure compliance with the Payment Card Industry Data Security Standard (PCI DSS). Vulnerability Scanning Discover patch statuses and vulnerabilities Event Logs A chronological record of actions or occurrences within a network, software, or process File Integrity Monitoring Validating the integrity of an operating system, application, and files by monitoring for probable changes, tempering, or fraud. Exceptions Management Automated handling of non-compliant EDI transmissions. Data Synchronization Synchronizing data between two or more devices/systems and automatically updating changes to maintain consistency Compliance Tracking Track and report regulatory data to either internal management or external stakeholders Activity Monitoring Track and report on everything that happens within the system or network Audit Trail A record of all activities within the system, including user access, changes made, etc. Secure Login At least a username and password is required to access the system Show More ## Top-Rated Alternatives [ ![Optro](https://images.g2crowd.com/uploads/product/hd_favicon/8097120d5d97da2284759bf528fe5a60/optro.svg "Optro") Optro 4.6/5(1,620) ](https://www.g2.com/products/optro/reviews) [ ![SEON](https://images.g2crowd.com/uploads/product/hd_favicon/a79eee50e6872c49eece7e9a0f6c6144/seon.svg "SEON") SEON 4.6/5(390) ](https://www.g2.com/products/seon/reviews) [ ![Scrut Automation](https://images.g2crowd.com/uploads/product/hd_favicon/1bb72ddf82170ed7a1a0f70d88cd0ab9/scrut-automation.svg "Scrut Automation") Scrut Automation 4.9/5(1,313) ](https://www.g2.com/products/scrut-automation/reviews) [ View All Alternatives ](https://www.g2.com/products/pirani/competitors/alternatives) Pirani Comparisons ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_95e97bce45ffea9df427dc9fe2362e90/entrust-idv-formerly-onfido.jpg "Product Avatar Image") Entrust IDV, formerly Onfido 4.4/5(123) [ Compare Now ](https://www.g2.com/compare/entrust-idv-formerly-onfido-vs-pirani) ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_33cc27d36ee3cc5b0fb173768621ff90/logicgate-risk-cloud.png "Product Avatar Image") LogicGate Risk Cloud 4.6/5(191) [ Compare Now ](https://www.g2.com/compare/logicgate-risk-cloud-vs-pirani) ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_e8ec749dcc2ce2fcc1e852e480481637/world-check-on-demand.png "Product Avatar Image") Refinitiv World-Check Risk Intelligence 4.4/5(55) [ Compare Now ](https://www.g2.com/compare/pirani-vs-world-check-on-demand) ##### Categories on G2 [ Security Compliance ](https://www.g2.com/categories/security-compliance)[ IT Risk Management ](https://www.g2.com/categories/it-risk-management)[ Enterprise Risk Management (ERM) ](https://www.g2.com/categories/enterprise-risk-management-erm) [ Operational Risk Management ](https://www.g2.com/categories/operational-risk-management)[ Anti-Money Laundering (AML) ](https://www.g2.com/categories/anti-money-laundering)[ Contractor Risk Management ](https://www.g2.com/categories/contractor-risk-management) Show More ##### Explore More [ Which JDK distributions are best optimized for container and cloud environments? 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