Menu
RiskBusiness provides a range of specialised solutions focussed on specific areas of risk, internal audit and compliance management, as well as for risk intelligence across the enterprise. Each solution provides stand-alone functionality which can be deployed alongside the organisation’s existing GRC solutions.
How do we identify new and emerging threats, risks and issues? How can we ensure that our assessment of the exposure to such threats and risks is appropriate? Risk Alerts by RiskBusiness push newly identified and emerging risks to nominated staff within the firm, supported by known cases within the global industry and relevant scenarios for consideration. The option to evaluate the probability of occurrence, frequency of occurrence and various impacts, then to submit these anonymously to a benchmarking consortium and receive back industry benchmarks is available. Risk Alerts are available both as an integrated component of the Graci Intelligence module and as a standalone solution.
With an estimated 200 new and changed regulations globally every working day, how does the enterprise remain aware of and compliant with all of the regulations which apply to it? How can we easily identify what has changed or what the new regulatory requirements are and mean for us? Regulatory Alerts by RiskBusiness push notifications of regulatory change and proposed regulation to nominated staff, providing both highlighted changes and, through the application of artificial intelligence tools, a summary of the implications. There is also the option to receive summarised professional opinion as it becomes publicly available and to “teach” the Regulatory Alerts solution which regulations and jurisdictions you are interested in. Regulatory Alerts are available both as an integrated component of the Graci Intelligence module and as a standalone solution.
Advisory Alerts provide near-real-time information on critical industry events and issues to facilitate informed risk- and business-decision making. Covering issues such as cyber alerts, fraud alerts, adverse weather or natural disaster alerts, regulatory changes and regulatory announcements and statements, the Advisory Alerts are designed to push critical information to risk and business managers as soon as such alerts become public.
With options to define what specific individuals wish to be notified about and how they wish to be notified, Advisory Alerts are a critical proactive management tool, available both as an integrated component of the Graci Intelligence module and as a standalone solution.
The Industry Risk Maps are map-based visualisations of different risk factors a firm may face in operating or interacting with different countries and geographic regions. Available maps cover corruption, fraud, cybercrime, biocapacity, ecological threats, human trafficking, the risk of non-payment, and many more.
With options to also create new risk maps from your own sources or to combine different industry risk maps based on the firm’s own risk assessments, industry risk maps are useful visual tool on which the firm’s locations and the known locations of third parties with whom the firm interacts can be displayed. The Industry Risk Maps are available both as an integrated component of the Graci Intelligence module and as a standalone solution.
The Equivalency Checker allows firms to check whether the intended destination of any data transfer which may contain personally identifiable information is considered equivalent to or adequate for the purposes of the data source jurisdiction’s data privacy rules and requirements.
Available as both an integrated component within the Graci Risk Module and as a standalone tool, the Equivalency Checker supports user configurable questionnaires, the preparation of a list of remedial requirements per target destination and an audit trail evidencing all checks made.
RiskBusiness is an international Governance, Risk, Audit and Compliance (GRAC) solution provider, with more than 200 financial services firms currently using our SaaS (Software-as-a-Service) solutions globally.
