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What is Skematic?

Skematic leads the way in workflow management solutions by effectively combining personnel, processes, and systems to boost the productivity of compliance teams. It offers a comprehensive framework for adhering to regulations, addressing critical components like policy monitoring, task management, and case processing, along with in-depth reporting features. By incorporating controls and remediation strategies directly into fundamental policies, Skematic ensures that compliance programs remain systematic and effective. The platform fosters the implementation of risk-based controls, establishing an ongoing cycle of monitoring and feedback that keeps teams informed and operations synchronized. Through its centralized case management system, Skematic enhances collaborative problem-solving by connecting workflow contributors and external systems, ultimately streamlining remediation efforts. Its advanced reporting capabilities, which include visual data displays, Gantt charts, and thorough program summaries, provide teams with essential insights that facilitate informed decision-making. This comprehensive approach not only elevates workflow efficiency but also enables compliance teams to thrive in fulfilling their regulatory obligations, thereby positioning them for greater success in a complex regulatory landscape. Ultimately, Skematic empowers organizations to stay ahead of compliance challenges, ensuring they can adapt and respond effectively to evolving requirements.

What is Focus?

Focus serves as an essential instrument that enhances transparency, efficiency, and effectiveness in model governance while ensuring that these attributes are upheld. By utilizing Focus, you can systematically adhere to best practices for regulatory compliance, allowing for a more controlled approach to governance. It is vital to outline and implement clear policies and processes to keep everything aligned. Maintaining comprehensive records, along with thorough reporting and remediation efforts, is crucial to prevent oversight. This tool provides organized access to all models, reports, documents, and real-time dashboards for tasks and actions, which significantly aids in prioritization and resource management. Moreover, it offers a singular, practical solution to streamline operations. Additionally, key aspects include model dependencies, established taxonomy, and data definitions, along with a centralized model inventory. Risks associated with models are identified, and remediation strategies are tracked effectively. It also supports management of model lifecycle events and associated workflows. An exhaustive audit trail is maintained for tracking and reporting purposes, with user-configurable options for reporting and querying available. Lastly, its flexible implementation ensures adaptability to various organizational needs and structures.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

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

Skematic

Date Founded

2022

Company Location

United States

Company Website

skematic.com

Company Facts

Organization Name

Paragon Business Solutions

Date Founded

1991

Company Location

United Kingdom

Company Website

www.credit-scoring.co.uk/focus

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

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

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