Risk Control Self-Assessment Software

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Predict360 RCSA Software Streamlines Risk and Control Self-Assessments and Automates Workflow Activities

Predict360 RCSA software enables organizations to proactively identify and mitigate risks with a structured framework for self-assessment of controls. It empowers business units and employees to evaluate their operations and controls to pinpoint potential risks. Predict360 RCSA facilitates the documentation and classification of risks, making it easier to prioritize and allocate resources for risk control and mitigation. It enables financial businesses to gauge the effectiveness of their risk management strategy and make necessary adjustments.

Financial institutions deal with vast amounts of data. Predict360 RCSA automates the collection and aggregation of risk-related information from various departments. It is integrated with OpenAI GPT4 – the premier LLM used by millions of people daily – to help analyze the full text of regulatory documents and then recommend related risks and controls in minutes.

It offers a centralized platform for data collection, risk analysis, and reporting, streamlining the risk management process. This reduces the chance of errors associated with manual data handling and accelerates the assessment of risk exposures. Furthermore, the reports and dashboards offered by the platform offer senior management valuable insights, enabling them to make informed decisions and allocate resources strategically to address high-priority risks.

Have questions about how our Risk Control Self-Assessment solution can help your business? Get in touch with our experts, and we will show you what Predict360 IT Risk Control Self-Assessment software can do for your business.

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Explore the exciting features available in the Predict360 Risk Control Self-Assessment Solution

Enhanced Control Assessment

Automated risk control and assessment workflows and business intelligence

Real-Time Data

View and monitor RCSA reports in real-time and improve decision-making for controlling risks

Easy Implementation

Cloud-based SaaS RCSA solution which can be deployed within weeks across multiple business units