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What is PwC Risk Proof?

Envision having the ability to assess and handle financial crime through a single, cohesive platform. PwC’s groundbreaking tool, Risk Proof, empowers your organization to react promptly and efficiently to the ever-changing environment of financial risk. By merging risk evaluations into a singular, all-encompassing platform, it transforms the entire process to be more visual, engaging, and actionable. As a result, your team can allocate less time to monotonous manual tasks and focus on pinpointing the risks and controls that are crucial for enhancing your security protocols. Risk Proof transforms the outdated spreadsheet-based assessment approach into an efficient digital format, significantly decreasing the likelihood of human error while cutting down the time spent on repetitive activities. With all assessment queries neatly arranged in a customizable template, your processes can achieve uniform scoring across various sectors of the business. Furthermore, the platform provides a detailed, searchable audit history for each assessment, enabling you to trace back the origins of specific answers and the data that shaped them. This thorough methodology not only improves transparency but also cultivates a richer understanding of financial risk management within your organization, ultimately leading to better-informed decision-making processes. By leveraging Risk Proof, you are equipped to navigate the complexities of financial crime with enhanced confidence and clarity.

What is Frontier Reconciliation?

Even with rigorous regulations designed to promote accurate and compliant financial reporting, many companies still depend on outdated manual or semi-automated reconciliation and certification methods. These traditional approaches can result in various problems, including inaccuracies, operational inefficiencies, and reduced oversight of financial data during the certification process. Fiserv's Frontierâ„¢ Reconciliation provides a robust end-to-end solution that grants a comprehensive view of account reconciliation organization-wide, facilitating the easy identification of exceptions and minimizing the need for manual efforts. This solution fully automates labor-intensive workflows and ensures compliance with both corporate and regulatory requirements. Yet, the reduction of errors and the minimization of write-offs represent only a fraction of the overall advantages. By lessening the demand for manual investigations and interventions in the reconciliation process, organizations can achieve enhanced efficiency and lower operational expenses, enabling their teams to concentrate on more strategic, value-added initiatives. Ultimately, implementing such holistic solutions can revolutionize financial operations while paving the way for sustained success and growth within the organization.

Media

Media

Integrations Supported

ARGO

Integrations Supported

ARGO

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

PwC

Date Founded

1998

Company Location

United Kingdom

Company Website

www.pwc.com/us/en/products/risk-proof.html

Company Facts

Organization Name

Fiserv

Company Location

United States

Company Website

www.fiserv.com/en/solutions/risk-and-compliance/financial-control-and-accounting/frontier-reconciliation.html

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

Financial Reporting

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

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

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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