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What is FIRM?

Ensure compliance while bolstering your security protocols. Foresite Integrated Risk Management (FIRM) leverages cutting-edge machine learning and automation to thoroughly evaluate and measure the vulnerabilities inherent in your organizational policies, practices, and technologies. By utilizing real-time risk visibility dashboards, you can continually enhance your security maturity in a systematic manner. Clearly communicate your security strategy and overall risk posture to insurers, partners, and executive leadership with well-structured reports that emphasize risk mitigation and demonstrate progress in addressing security deficiencies over time. In addition, assess your technologies against industry benchmarks to identify any gaps in security tools and solutions. Participate in attack simulations and control mappings that provide crucial insights into potential risks, allowing you to proactively address and prioritize threats. Furthermore, optimize your operations by reducing the time and resources allocated to policy evaluations through automated scoring of security policies and practices. This holistic strategy not only fortifies your organization against emerging risks but also fosters a culture of continuous improvement in security resilience. By embracing these innovative practices, your organization can stay ahead in an ever-evolving threat landscape.

What is Riskonnect Active Risk Manager (ARM)?

Riskonnect Active Risk Manager is an enterprise-grade risk management platform that delivers a unified view of risks across projects, programs, and enterprise portfolios, enhancing organizational decision-making and operational resilience. It enables users to visualize upstream and downstream risk impacts and identify relationships between individual risks to manage cumulative exposure effectively. The software aggregates data from diverse sources to identify trends, spot growing threats, and support strategic risk mitigation initiatives. It provides comprehensive analytical tools such as bowtie cause-and-effect analysis, heat maps, risk registers, job safety analysis, and schedule and cost impact assessments. Active Risk Manager promotes collaboration by allowing users to share relevant risk information securely and align mitigation activities with project objectives. The platform optimizes resource allocation for contingencies, leveraging predictive analytics to ensure funds are used efficiently without excess. It supports automation of the risk lifecycle, streamlining administrative tasks, and allowing easy configuration changes for quick go-live. API integrations enable seamless connectivity with other business systems like data warehouses and visualization tools, enhancing the overall risk management ecosystem. Designed to meet rigorous industry standards including ISO 31000, COSO, PMBOK, and others, it supports both cloud and on-premises deployments tailored to customer requirements. This flexible, scalable solution empowers organizations to improve risk awareness, reduce disruptions, and achieve successful project delivery on time and on budget.

Media

Media

Integrations Supported

Microsoft Excel
Microsoft Project
Steno Connect

Integrations Supported

Microsoft Excel
Microsoft Project
Steno Connect

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Foresite Cybersecurity & Compliance

Date Founded

2013

Company Location

United States

Company Website

foresite.com/products/foresite-integrated-risk-management/

Company Facts

Organization Name

Riskonnect

Date Founded

2007

Company Location

United States

Company Website

riskonnect.com/solutions/active-risk-manager/

Categories and Features

Integrated Risk Management

Audit Management
Compliance Management
Dashboard
Disaster Recovery
IT Risk Management
Incident Management
Operational Risk Management
Risk Assessment
Safety Management
Vendor Management

Categories and Features

Audit

Alerts / Notifications
Audit Planning
Compliance Management
Dashboard
Exceptions Management
Forms Management
Issue Management
Mobile Access
Multi-Year Planning
Risk Assessment
Workflow Management

Compliance

Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation

GRC

Auditing
Disaster Recovery
Environmental Compliance
IT Risk Management
Incident Management
Internal Controls Management
Operational Risk Management
Policy Management

Integrated Risk Management

Audit Management
Compliance Management
Dashboard
Disaster Recovery
IT Risk Management
Incident Management
Operational Risk Management
Risk Assessment
Safety Management
Vendor Management

Project Management

Agile Methodologies
Budget Management
Client Portal
Collaboration Tools
Cost-to-Completion Tracking
Customizable Templates
Gantt Charts
Idea Management
Kanban Board
Milestone Tracking
Portfolio Management
Resource Management
Time & Expense Tracking
Traditional Methodologies

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

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