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.
Learn more
D&B Risk Analytics
Around the world, teams focused on risk management, procurement, and compliance face increasing demands to navigate the challenges posed by geopolitical and business risks. The intricacies of both domestic and international operations, alongside a myriad of regulations, significantly influence third-party risks. Therefore, it is essential for organizations to take a proactive approach in managing their relationships with third parties. This innovative platform, leveraging the D&B Data Cloud's extensive database of over 520 million global business records and more than 2 billion updates each year, serves as an AI-driven tool that continually assesses and mitigates counterparty risk. D&B Risk Analytics incorporates top-tier risk data, providing alerts on high-risk transactions and identifying connections across a billion data points, all of which empower businesses to make well-informed choices. Additionally, the platform's intelligent workflows facilitate rapid and comprehensive screening processes, ensuring timely alerts on critical business metrics. As a result, companies can enhance their risk management strategies and improve their overall operational resilience.
Learn more
OpenFAST
OpenFAST is an open-source wind turbine simulation tool developed by the National Renewable Energy Laboratory (NREL) that builds on the foundations of the previous FAST v8 framework. It integrates key aspects of aerodynamics, hydrodynamics, control systems, and structural dynamics to enable comprehensive, coupled nonlinear simulations of wind turbines in various operational scenarios. This software supports a range of configurations, including onshore, fixed-bottom offshore, and floating offshore turbines, which broadens its applicability. Aimed at fostering a vibrant open-source development community, OpenFAST is designed for collaboration among researchers, industry professionals, and academics, and it features a robust software engineering framework with organized source code and automated testing capabilities. Transitioning from FAST v8.16, OpenFAST introduces a centralized GitHub repository that organizes modules, glue codes, and compiling tools, alongside a new versioning system and enhanced unit testing at the subroutine level. These advancements not only optimize the tool's performance but also create greater opportunities for collaborative engagement among users and developers dedicated to advancing wind energy technologies. Additionally, OpenFAST's commitment to open-source principles encourages innovation and knowledge sharing within the renewable energy sector, further contributing to the growth of sustainable energy solutions.
Learn more
OpenWindPower
OpenWindPower, developed by Bentley Systems, is a specialized software focused on the analysis of offshore wind turbines, accommodating both fixed foundation and floating platform projects. This cutting-edge tool empowers users to evaluate a variety of design alternatives, project operational efficiency, and construct safe, cost-effective offshore wind energy structures. For fixed foundation projects, OpenWindPower offers an array of detailed analysis and design capabilities specifically designed for the foundations of offshore wind turbines, effectively accounting for the influences of waves, winds, and mechanical loads to assess fatigue and extreme conditions on the substructure as well as nonlinear soil foundations. In contrast, when addressing floating platform initiatives, the software features advanced modeling options that facilitate the development of complex 3D hydrodynamic and structural models, which are essential for withstanding the forces exerted by waves, currents, winds, and mechanical loads from turbines. Moreover, this functionality supports time-domain simulations that precisely calculate sea pressures and inertial forces, providing engineers in the offshore wind industry with a thorough structural analysis. By incorporating these sophisticated tools, OpenWindPower significantly improves the design process, fostering the development of more resilient and efficient solutions for offshore wind energy projects, ultimately advancing the renewable energy landscape.
Learn more