The rt360-ERM product offers key functionalities like devising risk strategies, identifying risk sources leveraging multiple modes, assessing and mapping varied risks at LOB/org level, defining risk treatment plans and timelines. It also captures and monitors key risk indicators and provides proactive data insights and analytics. The ERM product is fully compliant with leading frameworks such as COSO and ISO, industry regulations, including the Basel guidelines. ERM product comes up with unique benefits in terms of providing a 360⁰ view of risks while breaking silos. Its strategic integration of risk management reduces cost of compliance, improves agility and decision making.
“We are glad to launch our distinctive and crucial Enterprise Risk Management solution, as a part of rt360 product suite. Today’s constantly evolving risk landscape can adversely impact an organization’s strategic growth and competitive edge in the market. There is a growing need for organizations to view risks holistically and integrate proactive, high-impact risk management practices into their overarching growth and go-to-market strategies. We stay committed to devise effective solutions to enable enterprises manage critical risks and cater to regulatory needs, thereby improving operational performance” Jaya Vaidhyanathan, CEO, BCT Digital said.