Risk and Compliance Platform for Credit Unions
Credit Unions provide communities across the country with financial services while empowering them with greater control. The Predict360 risk and compliance management solution for credit unions brings next-gen risk and compliance technology to credit unions, enabling them to serve their members better while protecting the investments made in the community. The risk and compliance management solution delivers enhanced compliance and risk capabilities in a modular solution that can be scaled according to the unique needs of credit unions.
- Stay up-to-date with evolving regulations, such as those set by the National Credit Union Administration (NCUA)
- Conduct comprehensive risk assessments across various areas of operations, including credit risk, operational risk, and compliance risk.
- Simplify the process of conducting internal audits, managing issues and complaints, and regulatory reports generation.
- Enhance decision-making with real-time visibility into risk exposure, compliance status, and key performance indicators (KPIs).
Cutting-Edge Features for Credit Union Risk and Compliance
Predict360 Risk and Compliance software enables credit unions to solve today’s risk and compliance challenges, including:
- Competing with the speed and efficiency of services being delivered by commercial banks
- Monitoring risks in an increasingly dynamic risk environment
- Achieving real-time compliance visibility and predictions for emerging risks that must be assessed and managed.
- Enhancing operational efficiency by updating from general software to industry-specific software to manage risk and compliance-related activities within a single platform.
- Generating comprehensive reports that meet regulatory requirements and facilitate regulatory examinations and audits.
Predict360 Risk Management Software for Credit Unions
Predict360s Risk Management Software offers the following applications that enable credit unions to automate tasks, streamline workflows, generate real-time reports, and reduce risk exposure:
- Risk Insights
- Risk Control Self Assessments (RCSA)
- Vendor Risk Management
- Issues and Incident Management
- Internal Audit and Findings Management
Predict360 Compliance Management Software for Credit Unions
Predict360 compliance software for credit unions automates compliance monitoring and streamlines credit union compliance workflows, resulting in an increase in the productivity and efficiency of the compliance experts within the organization. Instead of waiting for periodic reports, management can view compliance activities and issues throughout the organization on the central platform in real-time. Predict360 offers the following focused applications to improve the compliance function for credit unions.
- Regulatory Change Management
- Complaints Management
- Policy and Procedure Management
- Compliance Monitoring and Testing
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.
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 OfficerWe selected Predict360 due to its ease of use, banking industry design, and endorsement by the American Banker’s Association.
Eric Sprink President & CEOPredict360’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 OfficerPredict360’s out-of-the-box applications designed specifically for banks our size along with their banking content was a significant influence in our selection of 360factors.
John Dunne EVP Chief Risk OfficerAs 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 Officer360factors’ 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