Predictive Risk Assessments and Enhanced Risk Insights
Predict360 Risk Insights identifies risks operating outside of tolerance and predicts emerging risks using Artificial Intelligence (AI) to augment internal and external risk data. These insights help drive executive decision-making and enable organizations to increase profitability, accelerate innovation, and improve productivity. Key features include:
- Dashboard with Power BI visualizations and reports that identify risks outside of tolerance and predict emerging risks
- Risk taxonomy/library to map the customer’s existing risk register
- A Powerful Key Risk Indicator engine (for KPIs and KRIs) that collects, monitors, and calculates KRIs/KPIs dynamically based on defined variables
- Ability to define KRI Variables and create Calculated KRIs using a flexible Formula Editor, with support for manual input, API, or SFTP imports for real-time KRI calculations
- Data feed of external regulatory intelligence and other market indicators, including FRED and FFIEC integrations that link KxIs with market and peer performance data
- Trending/velocity analysis of external and internal data with the ability to dive into the details
- Record issues using the Risk Insights Issue Management feature
- Explore KxI data and trends, create on-the-fly Power BI charts and reports, and compare peer data through Kaia, our agentic AI companion
Predictive Risk Analysis Software with Advanced Risk Insights
A proactive risk-intelligence approach enables organizations to increase efficiency, decrease resolution times, collaborate more effectively, and gain insight into issues and risk trends.
- Implement an out-of-the-box risk analytics software using AI technology to generate powerful predictive risk analysis and insights with an easy-to-use interface
- Create fully customizable Key Risk/Performance Indicators with a weightage based on risk taxonomies, including the ability to calculate KRIs dynamically through variable-based formulas
- Easily import and export KxI definitions and insights data for better integration
- Use the Formula Editor to automatically calculate KRIs based on real-time variables, improving precision in predictive risk analysis
- Leverage the power of collecting internal and external data/KRIs/KPIs (such as Federal Reserve Economic Database (FRED) and Peer Metrics (FFIEC Call Reports and Uniform Bank Performance Reports (UBPRs)) and apply them to your risk analysis to calculate velocity changes and trends
- Set KxI triggers for risk threshold levels to monitor risk in real-time across the organization using built-in KRIs and KPIs
- Set up real-time insights with upper and lower bounds for predicting emerging risks and identifying existing risks that are not operating within your expected tolerance levels
- Reduce the effort to create risk reports and actionable intelligence through Predict360 Risk Insights
- Create fully customizable Key Risk/Performance Indicators with a weightage based on risk taxonomies, including the ability to calculate KRIs dynamically through variable-based formulas
Complimentary Datasheet
Predict360 Risk Insights
Predict360 Risk Insights Incorporates Internal and External Data with Artificial Intelligence (AI) Technology to Predict Risks Intelligently.
Identifying Key Risk Indicators (KRIs) with a Risk Analytics Platform
Banks and financial institutions face significant pressure to anticipate risks earlier, react faster, and maintain tighter oversight across all business lines. However, most institutions still struggle to transform their risk data into clear, predictive insights. As a result, emerging threats often go unnoticed until they escalate into material issues. Key challenges include:
- Key Risk & Performance Indicators (KRIs/KPIs) can help predict risks that are operating out of tolerance, but risk managers often have difficulty obtaining this data from the business lines
- Internal KRIs rarely connect directly to enterprise risks, making it challenging to understand which exposures are actually deteriorating and where leadership should prioritize attention
- External signals, such as regulatory updates, economic shifts, industry events, and fraud trends, are not continuously monitored, resulting in blind spots around emerging risks
- Risk managers lack real-time visibility because indicators are often updated infrequently, making it hard to detect when risks move outside tolerance levels
- Information is scattered across the organization in different files and reports. It requires significant manual effort and causes major delays in creating a dashboard/report that shows risks, their associated KRIs and KPIs, and identifies which risks are outside of the tolerance level
- Creating a unified view of risks, KRIs, KPIs, and thresholds requires significant manual effort, often involving hours of data aggregation, reconciliation, and reformatting
Benefits of Predictive Risk Intelligence & KRI Management
Financial organizations often manage risks, assuming controls are operating properly and that risks are operating at a residual risk level set once a year during their risk assessment process. Identifying the current risk level and even predicting where risk intelligence levels may be without action is much more challenging. Predict360 risk analysis software addresses this challenge by enabling risk managers to:
- Efficiently update associated risks and enable management and boards of directors to optimize their business operations and profitability
- Utilize out-of-the-box KRIs based on industry-specific external data, such as FRED (Federal Reserve Economic Data), to automatically identify and flag risks within your organization that may not be consistent with those changes
- Capture internal KRIs/KPIs in an automated fashion and automatically identify and highlight where risks may be operating outside of tolerance in real-time
- Refined task tracking allows users to focus on active tasks, reduce clutter, and enhance workload analysis for KRI updates
- Generate accurate and up-to-date risk reports with current risk levels quickly and easily, instead of providing static reports with outdated data to the board of directors and management executives that take days to create each quarter
- Build flexible and dynamic KRIs linked to real-time data variables, enabling more accurate and proactive risk detection
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 solution
Basic to Enterprise
From simple risk assessment to complete risk register and control testing
Speed & Execution
Insights into your risk program & control effectiveness
Fast Implementation
The cloud-based solution can be integrated within days
Flexible and Modular
Pick the modules you need for your business
Easy to Use
Automation and an intuitive interface ensure ease of useLearn How 360factors Empowers Customers to Manage Their Risk and Compliance Programs with Ease.
We look forward to working with 360factors to advance our enterprise risk and compliance programs for the bank while increasing the products and services we offer to the community.
Mark Casel Chief Risk Officer
We selected Predict360 due to its ease of use, banking industry design, and endorsement by the American Banker’s Association.
Eric Sprink President & CEO
Predict360’s banking workflows, risk library content, and endorsement from the American Bankers Association are a great fit for our bank.
Julie Dahle EVP and Chief Risk Officer
As part of our initiative to expand our products and services, we wanted to enhance our enterprise risk and compliance management to support this growth. Predict360 will enable our team to meet these goals efficiently.
David Claussen Chief Risk Officer
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 Manager
The powerful features combined with the easy implementation of the cloud solution made Predict360 a great fit for our organization.
Steve Parker Chief Executive Officer
We believe our collaboration with 360factors and the technology they bring supports our vision for the future.
Gina Anonuevo Chief Compliance Officer
Deploying Predict360 is another step by us towards becoming a more streamlined and efficient organization.
Crystal Barnes Regulatory Compliance Specialist
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