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What is @RISK?

In both finance and scientific research, individuals dealing with uncertainties in their quantitative evaluations can greatly benefit from the use of @RISK. This software aids prominent Fortune 100 companies as well as smaller consulting firms in formulating a more precise representation of potential results. By enhancing the accuracy of their predictions, organizations can not only reduce risks but also identify and leverage opportunities for growth. Pronounced "at risk," @RISK functions as an add-in for Microsoft Excel, enabling risk analysis via Monte Carlo simulation. It offers an extensive overview of nearly all conceivable outcomes for any scenario, along with the likelihood of each result occurring. As a result, users are equipped to determine which risks are advisable to take and which should be avoided—a crucial insight in an increasingly volatile world. In addition, @RISK allows users to create detailed reports and visualizations, further aiding in the comprehension and communication of complex risk assessments. Ultimately, @RISK empowers decision-makers to tackle uncertainty with enhanced confidence and strategic insight.

What is Predict360?

Predict360, developed by 360factors, serves as a comprehensive risk and compliance management platform designed to streamline workflows and improve reporting for various financial institutions, including banks, credit unions, and insurance companies. This cloud-based SaaS solution consolidates essential components such as regulations, compliance management, risk assessments, controls, key risk indicators (KRIs), audits, policies, and training into one cohesive platform while offering powerful analytics and insights that help clients foresee risks and enhance compliance efforts. If your current Governance, Risk, and Compliance (GRC) system isn't equipped with an effective analytics and business intelligence tool for creating insightful reports for executives and board members, consider Lumify360 from 360factors. This predictive analytics platform can seamlessly integrate with any existing GRC, allowing you to maintain your workflow processes while equipping stakeholders with the timely reports and dashboards they require for informed decision-making. With these advanced tools at your disposal, you'll be better positioned to navigate the complexities of regulatory compliance and risk management.

Media

Media

Integrations Supported

Active Directory
Methvin
Microsoft Power BI
Microsoft SharePoint
Okta
SecurePlus
Snowflake
Tableau

Integrations Supported

Active Directory
Methvin
Microsoft Power BI
Microsoft SharePoint
Okta
SecurePlus
Snowflake
Tableau

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$1,500 / month
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

Lumivero

Date Founded

1995

Company Location

United States

Company Website

palisade.lumivero.com

Company Facts

Organization Name

360factors

Date Founded

2012

Company Location

United States

Company Website

www.360factors.com

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

Audit

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

Banking

ATM Management
Compliance Tracking
Corporate Banking
Credit Card Management
Credit Union
Investment Banking
Multi-Branch
Online Banking
Private Banking
Retail Banking
Risk Management
Securities Management
Transaction Monitoring

Business Intelligence

Predict360 incorporates Microsoft Power BI, enabling financial and insurance sectors to generate dynamic, interactive visual reports within the Predict360 platform. Users can smoothly export or integrate these reports into PowerPoint, Word, Excel, and other applications. Streamline your workflow with a variety of ready-made templates available at your fingertips. Select from an assortment of charts, graphs, and visualizations to clearly convey your data insights. The platform features an intuitive interface that simplifies the reporting process, minimizes the learning curve, and boosts overall productivity. Effortlessly share valuable reports and dashboards with colleagues and stakeholders, enhancing communication and collaboration throughout your organization. By utilizing Predict360 alongside Microsoft Power BI, your organization can strengthen its risk management strategies, enhance compliance oversight, and promote operational efficiency.

Ad Hoc Reports
Benchmarking
Budgeting & Forecasting
Dashboard
Data Analysis
Key Performance Indicators
Natural Language Generation (NLG)
Performance Metrics
Predictive Analytics
Profitability Analysis
Strategic Planning
Trend / Problem Indicators
Visual Analytics

Complaint Management

Predict360 empowers organizations to streamline their complaint handling process by capturing feedback from various channels, organizing it, and routing it to the right team members for resolution. The platform automates workflow processes to guarantee prompt follow-up and uniform management of each complaint. With real-time dashboards and analytics, users can gain valuable insights into complaint patterns, enabling them to pinpoint recurring problems and take corrective measures. The system comes with thorough documentation and audit trails, fostering transparency and accountability throughout the complaints management process. Additionally, Predict360 is designed to support adherence to regulatory requirements by conforming to industry standards and supplying essential documentation for audits and regulatory assessments. Enhance your team's ability to elevate customer satisfaction and mitigate compliance risks with the robust Complaints Management system offered by Predict360.

Case Management
Complaint Classification
Corrective Actions (CAPA)
Customer Complaint Tracking
Feedback Management
Forms Management
Issue Tracking
Quality Assurance Management
Routing
Self Service Portal
Social Media Monitoring
Survey Management

Compliance

Stay compliant and optimize your regulatory processes with the Predict360 Compliance Management system. This all-encompassing platform enables your organization to take a proactive stance on compliance by incorporating regulatory information, automating workflows, and improving transparency into compliance-related activities. With Predict360, you can easily monitor and manage compliance responsibilities, perform risk evaluations, and keep your organization aligned with changing regulations. The system features a centralized hub for compliance documents, powerful reporting capabilities, and real-time notifications about regulatory updates. By utilizing Predict360, your compliance team can concentrate on strategic objectives, minimize the chances of non-compliance, and foster a compliance-focused culture throughout your organization. Discover the advantages of a flexible compliance management solution that adapts to your organization's growth and supports a robust compliance framework.

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 Risk Management

Elevate your approach to financial risk management with Predict360 Insights. This platform is crafted to deliver a comprehensive perspective on financial risks, utilizing cutting-edge analytics and continuous monitoring to assist organizations in recognizing, evaluating, and alleviating potential threats. Predict360 Insights allows for the effortless combination of internal and external data sources, converting them into enhanced key performance indicators aligned with strategic goals and risk tolerance levels. With this tool, leaders can make swift and informed decisions grounded in current, pertinent information. Additionally, the software provides customizable workflows, advanced reporting capabilities, and integrated Power BI for impactful visual representations.

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

Financial Services

Analytics
Branch Optimization
Channel Management
Compliance Management
Customer Engagement
Performance Management
Risk Management

Integrated Risk Management

Predict360's Integrated Risk Management (IRM) platform delivers a thorough and cohesive strategy for handling risks within your organization. By unifying risk management processes, Predict360 empowers you to comprehensively identify, evaluate, and mitigate risks, ensuring that every risk element is factored into your decision-making. The platform enhances risk management operations with sophisticated analytics, continuous monitoring, and automated workflows, allowing for greater efficiency. It offers a consolidated perspective of your risk environment, helping you recognize interconnections and handle risks with greater precision. Tailorable risk assessment frameworks and powerful reporting capabilities equip you with the necessary insights to make well-informed choices and proactively tackle potential risks. In addition, Predict360 facilitates adherence to regulatory standards by synchronizing risk management activities with industry guidelines and compliance mandates.

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

IT Risk Management

Strengthen your organization's cybersecurity posture and safeguard vital information assets with Predict360's IT Risk Assessment software. This powerful tool equips your IT department to pinpoint, evaluate, and reduce IT-related risks, fostering a secure and resilient technological framework. Predict360 provides an all-encompassing platform for managing IT risk assessments, featuring sophisticated tools for detecting vulnerabilities, analyzing potential impacts, and prioritizing risk mitigation strategies. The software includes customizable assessment templates and automated workflows, ensuring thorough and consistent evaluations. With real-time dashboards and reporting functionalities, it offers actionable insights into your IT risk landscape, empowering you to make informed decisions and proactively tackle emerging threats. Boasting centralized documentation and comprehensive audit trails, Predict360 promotes transparency and accountability within your IT risk management processes.

Operational Risk Management

Enhance your organization's approach to operational risk management with Predict360's all-encompassing software solution. This platform allows you to effectively identify, evaluate, and reduce operational risks through sophisticated analytics, continuous monitoring, and automated processes. With a unified perspective on all operational risks, you can better manage and address potential challenges. Predict360 features customizable risk assessment templates, powerful reporting capabilities, and effortless integration with other enterprise solutions, ensuring uniformity and efficiency in your risk management efforts. The software also aids in meeting regulatory requirements, helping you align your risk management strategies with established industry benchmarks. Equip your organization with Predict360’s Operational Risk Management software to cultivate a robust risk-aware culture, enhance decision-making, and reach your strategic goals.

Policy Management

Make certain that your organization’s policies and procedures remain current, easily accessible, and in line with the standards set by Predict360's Policies & Procedures Management software. This all-encompassing solution facilitates the efficient development, distribution, and upkeep of your policy documents, fostering consistency and adherence throughout your organization. Predict360 features a centralized hub for all your policies and procedures, simplifying document management and retrieval. The platform includes tailored templates and automated workflows to enhance the policy drafting and approval stages. With real-time monitoring and notifications, all relevant parties are kept updated on modifications and necessary actions, minimizing the chances of having outdated or non-compliant policies.

Approval Process Control
Attestation
Audit Trails
Policy Creation
Policy Library
Policy Metadata Management
Policy Training
Reporting / Analytics
Version Control
Workflow Management

Regulatory Change Management

Stay ahead of evolving regulations and maintain compliance effortlessly with Predict360's Regulatory Change Management software. This comprehensive tool empowers your organization to proactively oversee regulatory changes, optimize compliance workflows, and minimize the likelihood of non-compliance. With Predict360, you receive immediate notifications and updates regarding regulatory shifts, keeping your compliance team well-informed and ready to act quickly. The software streamlines the tracking and evaluation of regulatory modifications, ensuring that all pertinent stakeholders are updated on new requirements and alterations. The platform features customizable workflows, task management capabilities, and Kaia, our AI assistant. Its advanced business intelligence engine and real-time dashboards offer critical insights into your compliance status, enabling you to pinpoint deficiencies and take corrective measures efficiently.

Risk Management

Predict360's Risk Management platform delivers an all-encompassing approach to recognizing, evaluating, and addressing risks throughout your organization. Tailored to strengthen your risk management framework, Predict360 incorporates cutting-edge analytics, risk evaluation instruments, and continuous monitoring, offering a complete perspective of your risk environment. This platform allows you to optimize risk management workflows—from identifying and assessing risks to implementing mitigation strategies and ongoing monitoring. With adaptable risk assessment templates and automated processes, Predict360 guarantees thorough and uniform risk evaluations. Its real-time dashboards and reporting features provide essential insights, enabling you to make educated choices and take proactive measures against potential risks. Equip your organization with Predict360's Risk Management platform to foster a robust risk culture, enhance decision-making capabilities, and meet your strategic goals effectively.

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

Third-Party Risk Management

Minimize the dangers linked to relationships with external parties and maintain adherence to Predict360's Third-Party Risk Management software. This all-encompassing solution equips you with essential tools to effectively evaluate, track, and control the risks associated with your vendors and partners. Predict360 simplifies the onboarding and evaluation processes for third parties by offering adaptable risk assessment templates and automated workflows. The platform features real-time monitoring and notifications, keeping you updated on any fluctuations in the risk profiles of your third parties. With centralized documentation and comprehensive reporting capabilities, you can effortlessly monitor third-party performance and ensure compliance with both contractual obligations and regulatory standards. The software's integration features facilitate smooth connections with other enterprise systems, boosting data precision and operational productivity.

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