rt360 Enterprise Risk Management
No enterprise is immune to risks. Today’s constantly evolving risk landscape can adversely impact an organization’s strategic growth and competitive edge in the market. Risks can arise from people, processes, and systems from both internal and external sources. 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.
rt360 Enterprise Risk Management (ERM) helps organizations identify, assess, mitigate, and monitor risks effectively. rt360 ERM is a powerful, analytical product that is underpinned by next-generation technologies and a “Business First, Technology Next” approach, which enable enterprises to identify and control risks arising out of their operations. The product is fully compliant with leading frameworks such as COSO and ISO, industry regulations, including the Basel guidelines.
Close incidents and view alerts, dashboards and reports on the go, along with regional language enablement
Seamless integration with upstream and downstream systems
Ready-to-use and cloud-ready solution with minimum effort for deployment
Define and link risk appetite and tolerance
Align with strategic objectives
Define risk sources, attributes, events, and consequences
Leverage multiple modes, such as workshops, surveys, questionnaires, etc.
Industry-specific risk and control libraries
Compliant with international frameworks
Map risks to processes at LOB/org level
Fix weightages at each level of risk aggregation
Define risk treatment plans and timelines
Assess residual risk values
Record mitigation controls and assessment criteria
Assess controls’ effectiveness
Capture and monitor key risk indicators
Notifications/alerts for threshold breach
Risk Reporting & Dashboards
Proactive data insights and analytics
Extensive & customizable reporting
360⁰ view of risks, breaking silos
Reduced cost of compliance
Strategic integration of risk management
Improved agility and decision making
Business first, technology next approach
Industry-specific risk registers, controls
Compliant to global GRC frameworks
Flexible commercials and deployment models
rt360 Early Warning System
Identify credit risks proactively leveraging end-to-end predictive analytics.
rt360 Model Risk Management
Global regulators in recent times have paid an increasing attention to managing risks arising from extensive use of models in decision making.
rt360 Asset Liability Management
Growing regulatory mandates by the Bank of International Settlements’ (BIS) demand automated systems for robust asset-liability management.
rt360 RAROC Calculator
As you focus on credit growth for your bank, capital allocation and pricing is critical to maximizing profitability and driving sustainable growth
rt360 Expected Credit Loss
With the introduction of the global International Financial Reporting Standards-9 (IFRS 9) and its equivalent Indian Accounting Standards (IND AS) 109, financial institutions are adopting scientific methods for computing credit losses.
rt360 is a risk management product suite to manage the entire risk portfolio of banks and financial institutions that includes credit risk, capital allocation, pricing risk, liquidity risk, model risk and operational risk.
rt360 is designed by bankers, risk practitioners and technology specialists with a Business First, Technology Next approach, empowering banks and financial institutions to focus on their credit growth and profitability while managing their risks. The product is fully designed and made in India to address the complexities of the financial sector globally. The suite comprises of five distinct products to manage each of the risk portfolio.