Flexible Cloud-Based GRC Solutions for Banking & Financial Institutions
Empower your business with a highly flexible Governance, Risk & Compliance (GRC) platform.
With the banking industry showing promising growth after a decade of financial crisis, Fintech is leading the way for improvements within the industry. Banking and financial services companies now have more access to affordable technologies that can transform their business by improving efficiencies while reducing costs. Request time with our team of professionals today to learn more.
Ensuring profitability in a dynamic economy is challenging.
- Non-performing loans (NPLs) adversely affecting current businesses since after the economic and financial crisis in Europe
- As operating costs continue to grow across the industry, it’s mainly been the loan originator who gets impacted the most
- Managing region-wise regulatory updates and compliance as outlined by European central bank
- Structural deficiencies, overcapacity, low/negative interest rates, and the absence of pan-European banking
- Completed systems tend to increase the difficulty in monitoring and managing risk
- Continuous changes in regulation contribute to persistent profitability challenges
Technology can be the solution for improving efficiency and reducing risk.
- Comprehensive Governance, Risk, and Compliance (GRC) system powered by artificial intelligence provides advance data informatics
- Enables mapping of regulations and standards across regions
- Automate the operational risk monitoring with alerts and tasks
- Map risk to company & department goals
- Integrate Operational Risk Data with Financial Risk Data
- Centralized platform for GRC Business Intelligence
360factors will be implementing an operational risk management solution that will provide continuous improvement for operational risk-related activities for KBL epb. Predict360™ will enable global operational risk managers to more efficiently monitor and manage risks associated with their processes.
As thought leaders in the compliance and risk management space, 360factors is dedicated in providing those who are seeking an improved solution to their own challenges, a resource for visitors to become informed and make their own evaluation of the services being provided. Select some recent compliance related articles below.