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What is Riskonnect?

Riskonnect distinguishes itself as a reliable Integrated Risk Management platform that features a continuously expanding selection of solutions founded on a top-tier cloud infrastructure, enabling users to elevate their risk management strategies across the entire organization. This platform empowers companies to gain a comprehensive understanding of their risks, manage them effectively, and mitigate potential issues, ultimately fostering improvements in shareholder value. With its highly flexible technology, Riskonnect is perfectly suited for forward-thinking organizations that are subject to increased scrutiny and expectations related to corporate governance, strategic planning, and risk mitigation efforts. The integrated offerings from Riskonnect equip businesses with the tools necessary to anticipate and respond adeptly to risks that could jeopardize their competitive edge, corporate image, and overall growth trajectory. Upon full implementation, Riskonnect delivers an extensive range of functionalities, such as Auditing, Business Process Control, Corrective Actions (CAPA), Risk Assessment, and Compliance, establishing itself as an indispensable resource for contemporary enterprises. Furthermore, organizations that adopt Riskonnect can anticipate significant enhancements in operational efficiency and more informed decision-making as they navigate the intricate landscape of risk management, ultimately leading to sustained success and resilience. This ensures that companies are not only reactive but also proactive in their approach to potential challenges.

What is Estimator 9?

Estimator 9, created by FineIT Private Limited, is an advanced automation platform specifically designed for the management of IFRS 9 Expected Credit Loss (ECL) calculations, catering primarily to international financial institutions. This pioneering solution delivers audit-ready risk assessments through a thorough and automated, model-driven approach. The platform enables complete ECL calculations by integrating essential risk parameters such as Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD), while also factoring in relevant discounting elements. It utilizes a three-tier classification framework paired with automated identification of Significant Increases in Credit Risk (SICR). In addition, it incorporates macroeconomic scenario modeling and proactive adjustments, ensuring adherence to IFRS 9 regulations. With a presence in over 56 institutions in more than 40 countries, Estimator 9 integrates effortlessly with critical banking systems and general ledgers. Furthermore, it provides automated disclosures, stress testing, and validation tools aligned with GPPC guidelines, thereby enhancing the precision and trustworthiness of the data. Recognized by Big 4 audit firms, the platform ensures rapid, clear, and reliable ECL reporting, establishing itself as an essential tool for financial organizations. Its comprehensive features position Estimator 9 as a leader in the domain of ECL management, empowering institutions to navigate regulatory complexities with confidence.

Media

Media

No images available

Integrations Supported

Adobe Acrobat Sign
Common Controls Hub
Riskonnect Business Continuity Management
Riskonnect Business Strategy
Riskonnect ESG

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Rs 10000
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
On-Prem

Customer Service / Support

Standard 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

Riskonnect

Date Founded

2007

Company Location

United States

Company Website

riskonnect.com

Company Facts

Organization Name

FineIT Private Limited

Date Founded

2001

Company Location

Pakistan

Company Website

fineit.io

Categories and Features

Audit

Compliance Management
Dashboard
Exceptions Management
Issue Management
Multi-Year Planning
Risk Assessment
Workflow Management

Compliance

Audit Management
Controls Testing
HIPAA Compliance
ISO Compliance
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Version Control

Corporate Governance

Not specified

Due Diligence

Not specified

Financial Risk Management

Compliance Management
For Hedge Funds
Operational Risk Management
Risk Analytics Benchmarks

GRC

Not specified

Risk Management

Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Internal Controls Management
Response Management
Risk Assessment

Categories and Features

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