The 3rdRisk Internal Control module streamlines the process of ensuring internal compliance. It offers intuitive tools for continuous monitoring and management of internal processes, ensuring they align with changing regulations and internal policies. This module also facilitates effective internal audits, risk assessments, and compliance reporting, making it easier for organisations to stay compliant and ahead of regulatory changes.
The Internal Control module in 3rdRisk simplifies regulatory compliance by providing a centralised system to track and manage various regulatory requirements. This centralised approach allows for a comprehensive view of compliance status and eases the management of diverse regulations.
The 3rdRisk TPRM module includes rigorous third-party compliance checks, including sanctions and politically exposed persons (PEP) screenings. This ensures that all your third-party engagements are in line with compliance standards, thereby mitigating the risk of non-compliance through associated parties.