Enhance Your Predict360 Data with Powerful Content Plugins

360factors Banking Risk Taxonomy/Library

360factors’ Risk Library provides customers with a set of standardized regulatory risk definitions (e.g., a common taxonomy) that are categorized by regulation and presented in an intuitive hierarchal format. Common descriptions enable banks and financial services organizations to consistently evaluate risks and controls across business and/or product lines, ensuring a comprehensive set of risks is considered and simplifying risk aggregation across the organization.

The library includes over 400 risks definitions for regulatory compliance.

In addition to these 400+ regulatory compliance risks, the 360factors’ Banking Risk Library Taxonomy also includes risk definitions for other banking risk categories, including

• Credit
• Market
• Operational
• Liquidity
• Business
• Reputational
• Systemic
• Moral Hazard

Code of Federal Registrar (CFR) Regulatory Knowledge Base

A complete database of regulations and requirements in the United States Code of Federal Registrar (CFR) is provided and pre-loaded into the Regulations & Obligations Repository. This database contains the final approved text of the CFR (it does not include proposed rules or news until they become final approved rules). The database is categorized based on the CFR number and hierarchy.

This functionality enables organizations to:

• Identify gaps where they might not be meeting their regulatory obligations;
• Identify risks to their organization; and
• Quickly understand and assess the impact of a change in a regulation.

Crowe Risks, Controls and Testing Scripts Library

The Crowe financial services risk, control and testing scripts library includes a comprehensive catalogue of risks, attributable controls and associated testing and assessment scripts. The library, coupled with 360factors’ risk and compliance intelligence platform, is adaptable to each client’s specific needs, helps enable growth strategies and meet business and regulatory expectations, and ensures maturity and sustainability of banking risk management programs.

360factors can provide the extensive Crowe library of enterprise risks and standards aligned to regulatory guidance, typical controls for each risk and testing steps for each control for a variety of compliance and banking risk categories pre-loaded into Predict360.

LEARN MORE

FFEIC Cybersecurity Assessment Tool (FFEIC CAT)

Federal Financial Institutions Examination Council (FFEIC)’s CAT provides organizations with an assessment framework for organizations to assess and review their inherent risk profile and risk maturity levels. The framework offers five categories: Technologies and Connection Types, Delivery Channels, Online/Mobile Products and Technology Services, Organizational Characteristics, and External Threats and five Maturity Levels: Cyber Risk Management and Oversight, Threat Intelligence and Collaboration, Cybersecurity Controls, External Dependency Management, and Cyber Incident Management and Resilience.

• 360factors provides over 130 assessment guidelines with mapped evaluation categories (Baseline, Evolving, Intermediate, Advanced, Innovative) across the five CAT domains.

Regulatory Intelligence (News & Notifications Feed) (from Compliance.ai)

A Compliance.ai powered news & notifications feed is displayed directly in the Predict360 Regulatory Change Management module that is filtered based on the specific topics, agencies, jurisdictions, states and/or countries relevant to the organization and provides the ability to initiate a regulatory change management workflow or dismiss each item with full audit trail and connection to regulatory mapping within the system.

• Effectively, this single solution replaces are the external email subscriptions, RSS feeds and periodic web site research that your regulatory compliance team often need to review periodically.
• Create and manage action items for regulatory intelligence
• Includes 1 user license to the Compliance.ai service connector