Vendor Risk Management Program
Watson GRC 360 Product Overview
With the increase of several trends driving regulations in Vendor Risk Management, we created a product that does predictive analytics for third party suppliers. In addition, current modules include Enterprise Risk Management, Vendor Risk Management, Risk Controls & Self Assessments for DODD-FRANK, FFIEC, HIPAA HITECH HITrust and FTC.
Also, with increasing regulatory mandates in DODD-FRANK, HIPAA HITECH and other government regulations, Aponia Data has created predictive risk analytics solutions to evaluate risk events for Governance, Risk & Compliance documentation requirements. Enterprise Risk Management teams who assess Operational Risk, Information Risk, Financial Risk and Audit Impact Issues will make major reductions in the costs of compliance.
Risk Management Features
- Control policies synced with regulatory documentation updates: e.g. ISO 27001, ICFR, TSF, COBIT, Basel IV
- Vendor Risk Management predicting risk patterns with third party vendors.
- Compliance issues review process tools for managing Dodd-Frank and HIPAA-HITECH Regulations
- Predictive Risk Management Role-based Dashboards customized for Client User Experience
Predictive Analytics and BI Features
- Data Discovery Engine to help evaluate risk root causes.
- Fulfill client’s data needs, reduce clutter and noise with predictive risk management.
- Improve vendor services planning collaboration coordination while reducing administrative expenses.
Best-in-Class Technical Features
- Built for size, scalability, flexibility and performance.
- Merge Structured and Unstructured sources.
- Finally, funnel all components and data into one engine