Clarify the risks that matter with a connected approach across all lines of defense
Organizations traditionally operate multiple risk processes on a range of technologies, using differing taxonomies, which generate different sets of risk outputs and data.
Connected Risk is a compliance software platform that enables your organization to truly understand its risk profile, by helping your teams gain greater insight into the risks you are exposed to and what needs to be actioned.
This compliance platform provides standardized, tailorable, automated processes that help you make informed decisions with greater ease and efficiency, by delivering a focused view of the audit, risk and compliance landscape.
Consolidated data, consistent processes, actionable insight
Connected Risk provides the flexibility to consolidate multiple risk processes with internal and external risk data sources, where your organization can aggregate and break down data coming from varying sources, standardize it, structure and tag it - giving all of it a shared taxonomy.
This platform drives a consistent application of assessment processes across the organization, using tailored workflows and automated monitoring. This is underpinned by role-based security and audit trails, which provide a robust platform for collating, managing and reporting risk data.
A truly integrated platform
Connected Risk helps you mitigate and manage the risks that matter, and supports several modules – Risk Management, Compliance Management, Audit Management, Regulatory Change Management, Model Risk Management – that can be linked together on the platform.
All risk data can be viewed both at a specific use case level and via an enterprise-wide view on a dashboard tailored for you.
We also provide a developer option with our toolkit offering, where you can build your own set of solutions. This allows you to tailor these solutions to more closely align with your existing processes or particular needs, significantly reducing investment and operational costs.
Thomson Reuters has completed its fourth annual survey on how firms around the world are managing the challenges presented by the regulatory focus on culture and conduct risk. More than 750 financial services firms worldwide participated.
This annual report covers our predictions for 2017; learn from our team of journalists at Thomson Reuters Regulatory Intelligence about what regulatory events will shape the year and how you can best stay prepared.
Thomson Reuters Model Risk Management, a solution on our Thomson Reuters Connected Risk platform, empowers your organization to create and maintain your model inventory using effective workflow management.
Thomson Reuters Audit Management, a solution on our Thomson Reuters Connected Risk platform, provides the nimble approach required to serve business leaders, operational management, audit committees, and regulators in disruptive periods.