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What is Focus?

Focus serves as an essential instrument that enhances transparency, efficiency, and effectiveness in model governance while ensuring that these attributes are upheld. By utilizing Focus, you can systematically adhere to best practices for regulatory compliance, allowing for a more controlled approach to governance. It is vital to outline and implement clear policies and processes to keep everything aligned. Maintaining comprehensive records, along with thorough reporting and remediation efforts, is crucial to prevent oversight. This tool provides organized access to all models, reports, documents, and real-time dashboards for tasks and actions, which significantly aids in prioritization and resource management. Moreover, it offers a singular, practical solution to streamline operations. Additionally, key aspects include model dependencies, established taxonomy, and data definitions, along with a centralized model inventory. Risks associated with models are identified, and remediation strategies are tracked effectively. It also supports management of model lifecycle events and associated workflows. An exhaustive audit trail is maintained for tracking and reporting purposes, with user-configurable options for reporting and querying available. Lastly, its flexible implementation ensures adaptability to various organizational needs and structures.

What is ClusterSeven?

The ClusterSeven Shadow IT manager empowers you to oversee concealed spreadsheets and various data assets that may jeopardize your organization. By managing sensitive, undisclosed spreadsheets, applications, and data assets outside the purview of IT, you can mitigate potential risks. This tool allows for the swift and efficient inventorying of essential files within your organization, while also providing the ability to track modifications made by users. Consequently, this oversight supports compliance and audit obligations, ultimately safeguarding your enterprise against potential issues. Additionally, having this level of control enables proactive measures to be implemented, ensuring a more secure operational environment.

Media

Media

Integrations Supported

Integrations Supported

Mitratech PlatoBI

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS
On-Prem

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac

Customer Service / Support

Standard Support

Customer Service / Support

Standard Support
24 Hour Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

Paragon Business Solutions

Date Founded

1991

Company Location

United Kingdom

Company Website

www.credit-scoring.co.uk/focus

Company Facts

Organization Name

Mitratech

Date Founded

1987

Company Location

United States

Company Website

mitratech.com/products/clusterseven/

Categories and Features

Financial Risk Management

Credit Risk Management
Portfolio Modeling

Model Risk Management

Not specified

Categories and Features

Compliance

Archiving & Retention
Audit Management
Controls Testing
Environmental Compliance
ISO Compliance
OSHA Compliance
Risk Management
Version Control

Cyber Risk Management

Not specified

GRC

Not specified

IT Risk Management

Not specified

Model Risk Management

Not specified

MRM

Not specified

Risk Management

Not specified

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