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What is SimpRisk?

SimpRisk offers an intuitive interface that simplifies the risk management process, making it accessible to even the most detail-oriented users. Traditional and cumbersome risk management tools are now a thing of the past. The SimpRisk application ensures that understanding and handling risks is both simple and effective, accommodating a variety of business requirements. Within just a few clicks, users can add organizational units, accommodate an unlimited number of users, and customize levels of consequences, probabilities, and risks tailored to their organization's needs. Acting as your personal risk management assistant, SimpRisk guides you through the essential steps of identifying and assessing risks. Each risk documented is displayed in both a risk matrix and a risk register for clarity. Furthermore, SimpRisk allows users to set reminders for notes and meetings, facilitating easy sharing among team members to prevent important details from being overlooked. This groundbreaking tool not only boosts operational efficiency but also enhances collaboration, ensuring teams can manage risks effectively together. By utilizing SimpRisk, organizations can transform their approach to risk management, making it a more proactive and engaging process.

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.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

$50 per year

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Windows

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Not specified

Training Options

Not specified

Company Facts

Organization Name

PVA Digital Systems

Company Website

www.simprisk.com

Company Facts

Organization Name

Precision Risk Management Systems

Company Location

United States

Company Website

www.prmsonline.com/riskmanagement.aspx

Categories and Features

Categories and Features

Financial Risk Management

For Hedge Funds
Market Risk Management
Operational Risk Management

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