Predict360 IT Risk Assessment Software
Manage IT Risks and Controls within Your Enterprise Framework
ABA Endorsed Solution for Risk and Compliance Management Software
Predict360’s IT Risk Assessments application delivers risk stakeholders:
- Streamlined workflows for documenting and analyzing IT risks
- A consolidated risk and control taxonomy across business areas, including business units, products, processes, and vendors
- Assessment scheduling for one-time and reoccurring risk assessments
- Action plans and tasks for related assessment activities
- Optional access to industry-standard risk and control content within Predict360, along with the ability to upload your organization’s risk taxonomy.
Predict360’s IT Risk Assessment software modernizes the way financial organizations manage IT risks. Built on industry-based enterprise risk management techniques, our software is designed with a particular focus on financial entities, offering robust features that resonate with the intricate demands of the banking and finance sectors. You can rely on:
- Real-time insight into IT Risk Assessment progress and risk ratings
- Standardization of risk and control taxonomies to streamline risk comparison and evaluation
- Enterprise-level reports based on data from different business units, product lines, processes, and more
- Executive visibility into risks and activities with drill-down details
Replacing manual IT risk assessments with advanced technologies delivers many advantages. Predict360 customers achieve:
- Scalability: As organizations grow and their IT environments become more complex, manual risk assessments can become overwhelming. Predcit360 enhances scalability and handles increased data and more complex risk scenarios.
- Accuracy and Consistency: Manual assessments are susceptible to human error. Predict360 provides more consistent and accurate results by reducing the chances of oversight or miscalculations.
- Comprehensive Reporting: Predict360 features activity-based dashboards and embedded Tableau for advanced business intelligence reporting.
- Risk and Control Content: Predict360 offers optional risk libraries that can be added to your risk and control taxonomy.
Perform risk and control self-assessments and analyze them within your enterprise risk management framework.
- ERM Framework: Capture inherent and residual risk ratings, controls, and essential details. Assign risk owners, specify risk types, add management comments, and more.
- Regulatory Integration: No more silos! Link individual risks directly to corresponding regulations or business obligations. Stay ahead with compliance while managing risks efficiently.
- Real-Time Risk Insights: Gain live feedback on your RCSA progress. Know where you stand at any given moment with our intuitive risk management reporting.
- Enterprise-Ready Reports: Consolidate data from various business units into a singular, enterprise-level RCSA report. Simplify risk management without compromising on detail.
Dive deeper into risk management with Predict360’s Control Testing application. This add-on extends the capabilities of our Risk Management and Assessment tool, offering:
- Control Activity Oversight: Create or link tasks such as control tests, action plans for control enhancement, and oversight of issues stemming from process discrepancies or control test issues.
- Streamlined Testing Workflows:Incorporate both Design Assessment Procedures (DAP) and Operating Effective Procedures (OEP) seamlessly into your control examination processes.
- Optional Control Tests: Benefit from industry-recommended assessments and questionnaires, integrated into Predict360, and easily link them to the relevant controls.
Why Choose 360factors?
360factors empowers organizations to accelerate profitability, innovation, and productivity by predicting risks and streamlining compliance.
Complete GRC
All the GRC tools you need integrated in one solutionBasic to Enterprise
From simple risk assessment to complete risk register and control testingSpeed & Execution
Insights into your risk program & control effectivenessFast Implementation
The cloud-based solution can be integrated within daysFlexible and Modular
Pick the modules you need for your businessEasy to Use
Automation and an intuitive interface ensure ease of useLearn How 360factors Empowers Customers to Manage Their Risk and Compliance Programs with Ease.
360factors’ solutions, powered by artificial intelligence, enables our organization to adapt and respond effectively to the ever-changing regulatory compliance landscape
Joanna Chancellor Business Support ManagerThe powerful features combined with the easy implementation of the cloud solution made Predict360 a great fit for our organization.
Steve Parker Chief Executive OfficerWe believe our collaboration with 360factors and the technology they bring supports our vision for the future.
Gina Anonuevo Chief Compliance OfficerDeploying Predict360 is another step by us towards becoming a more streamlined and efficient organization.
Crystal Barnes Regulatory Compliance Specialist