POLICY MANAGEMENT FOR CONNECTED RISK®

Policy management enables you to achieve operational results fast. The solution provides a comprehensive breadth of agile, integrated, and smart policy management functionality.

Policies are critical to your business as they establish the boundaries of conduct for your employees, business processes, stakeholders, and suppliers. A well-defined policy management program is central to your organisation’s ability to act with integrity.  

Many organisations lack a coordinated enterprise-wide approach to policy lifecycle management

An ad hoc approach to policy development, maintenance, communication, attestation, and training exposes the organisation. This is especially so as nowadays every person involved with the business, including employees and third parties has a role to play. 

Your organisation must be able to demonstrate what policy was in effect, when and how it was communicated, who read it, was trained, and who attested to it. Equally important is a history of what exceptions were granted, and how violations and resolutions were managed. 

Empower your policy management practices with features available right out of the box

Unique to Connected Risk®'s policy management solution is policy conversion and enhanced tagging capabilities leveraging AI technology.

This industry leading solution leverages over a decade of innovation and tuning of Machine Learning (ML) and Natural Language Processing (NLP) algorithms to recognise, deconstruct and convert policy and regulatory content to a machine-readable format.

Step One
Algorithms analyse policy content
Once in a machine-readable format, the algorithms analyse the policy content, automatically tagging and linking the content to key thematic concepts and regulatory source data.
Step Two
Enhanced document is automatically imported

The resulting enhanced document is automatically imported into the Connected Risk Policy Management Library for publishing and future authoring.  

Step Three
Automated migration
This automated conversion and enhancement of Policy content overcomes one of the most substantial time-consuming hurdles you will face migrating from (desktop) authored policies in .DOC/.PDF formats to its desired future state policy format.

Connected Risk® provides you with a single source of truth that provides infinite linkage capabilities, and in turn, increases data quality and knowledge sharing

Connected Risk® utilises enhanced drag-and-drop and powerful data mapping capabilities for creating additional taxonomies and linkages into neighbouring risk areas.

The Policy Management module is highly configurable and can help your teams.

Tailor-made, just for your organisation

Tailor the solution to meet your organisation’s growing policy management needs

Evolve with regulatory change

Ensure evolving regulatory needs and internal policy updates are incorporated into the organization’s model inventory management.

Provide evidence with integrated reporting

Provide evidence of the latest taxonomies and relationships with our integrated reporting capabilities.

Expand with our RESTful API

The Connected Risk® platform provides RESTful web service endpoints that allow bi-directional integration of your data.

Schedule a demo of Connected Risk®'s policy management module and see how your organisation can advance with confidence

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Model Risk Management

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Expand with the Ecosystem

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"Powerful Platform For Compliance With Dynamic Regulatory Environment"

5/5

“The product is a powerful platform for regulated firms in the financial industry to comply with the ever-changing regulatory environment. The software helps my organization navigate rules and regulations, internal processes, and regulatory reporting requirements.”

Senior Associate, Finance Organisation with an annual return of $1-3BN USD