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What is PRMS Risk Management System?

The PRMS Risk Management System introduces an innovative method for managing risks, leveraging advanced neural network technology to provide lenders with precise assessments of pipeline interest rate risk, optimal execution tactics, sensitivity to rate shocks, and the present mark-to-market evaluation of their holdings. If you require additional information, please choose from the topics listed below. Additionally, PRMS empowers users to decide whether to replace existing data with imports or to simply add to it, thereby boosting the system's overall functionality. The import features also allow users to maintain current data tables, which greatly enhances the accuracy of the analyses performed. Rather than attempting to accommodate every conceivable data field that various mortgage bankers may wish to track over time, PRMS smartly analyzes the user’s import file to construct a customized database that meets specific needs. This thoughtful design provides users with exceptional adaptability, while the implementation process remains straightforward, as there are no mandatory exports that must be integrated into pre-existing systems. As a result, users can effectively tailor the system to suit their unique requirements without encountering unnecessary hurdles, ultimately streamlining their risk management processes even further.

What is IBM OpenPages?

Enhance your strategy for data governance, risk management, and regulatory compliance with IBM OpenPages, a sophisticated, scalable, and AI-driven GRC platform. IBM® OpenPages® delivers a holistic governance, risk, and compliance (GRC) solution that integrates effortlessly on any cloud via IBM Cloud Pak® for Data. This innovative platform consolidates varied risk management processes into a single framework, empowering organizations to effectively identify, manage, monitor, and report on risk and compliance in a rapidly evolving business landscape. Prepare your organization for upcoming challenges with a customizable, cohesive enterprise risk management solution capable of supporting tens of thousands of users. Furthermore, promote widespread GRC adoption throughout all business sectors with a user-friendly, task-focused interface that simplifies task execution and boosts productivity. By capitalizing on these features, organizations can adeptly maneuver through the intricacies of risk and compliance, thereby enhancing their overall resilience and adaptability in the face of change. Ultimately, this approach positions organizations to not only respond to current challenges but also to anticipate future risks and opportunities.

Media

Media

Integrations Supported

Apparity
CognitiveScale Cortex AI
IBM Watson
Origina

Integrations Supported

Apparity
CognitiveScale Cortex AI
IBM Watson
Origina

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

Precision Risk Management Systems

Company Location

United States

Company Website

www.prmsonline.com/riskmanagement.aspx

Company Facts

Organization Name

IBM

Date Founded

1911

Company Location

United States

Company Website

www.ibm.com/products/openpages

Categories and Features

Financial Risk Management

Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation

Categories and Features

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

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