PRMS Risk Management System

PRMS Risk Management System

Precision Risk Management Systems
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About

Implemented by Fortune 500 organizations in over 50 countries, Optial SmartStart provides advanced IT solutions for Environmental, Health & Safety, Audit, Governance, Risk and Compliance. Equipped with features that include Audit Trail, Environmental, FDA, HIPAA, ISO, OSHA, and Sarbanes-Oxley compliance, the platform also provides a number key solutions. The seamless data import from existing third-party systems allows onboarding business to integrate current configurations easily with the Optial SmartStart solution.

About

The PRMS Risk Management System is a state-of-the-art risk management system that incorporates neural network-based modeling to provide lenders with a precise assessment of pipeline interest rate risk, best execution strategies, rate-shock sensitivity and current mark-to-market valuation of the lender's position. Select a topic below for more information. Where applicable, PRMS allows the user to specify whether imports should overwrite existing data or append to the existing data. Additional import features allow the PRMS user to maintain accurate data tables, resulting in higher accuracy during the analysis phase. Rather than attempt to account for all data fields that various mortgage bankers may wish to include in history, PRMS analyzes the user's import file and builds a custom database based on that import file. This provides exceptional flexibility for the user. Implementation is greatly simplified since there are no hard-coded exports to build within existing systems.

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Optial prides themselves on providing a fully-featured flexible solution for any size business, whether small, medium, or large enterprises.

Audience

Companies of all sizes in need of a financial risk management platform

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$15000.00/year
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Training

Documentation Not Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Optial
United Kingdom
www.optial.com

Company Information

Precision Risk Management Systems
United States
www.prmsonline.com/riskmanagement.aspx

Alternatives

Onspring

Onspring

Onspring GRC Software

Alternatives

Enterprise OpRiskCenter

Enterprise OpRiskCenter

Centerprise Services
IsoMetrix Lumina

IsoMetrix Lumina

Metrix Software Solutions
Intelex

Intelex

Intelex Technologies
Naris GRC

Naris GRC

Naris

Categories

Audit Supported
Compliance Supported
EHS Management Supported
ESG Supported
HIPAA Compliance Supported
ISO Compliance Supported
Risk Management Supported

Categories

Financial Risk Management Features

Compliance Management Supported
Credit Risk Management Not Supported
For Hedge Funds Supported
Liquidity Analysis Not Supported
Loan Portfolio Management Not Supported
Market Risk Management Not Supported
Operational Risk Management Supported
Portfolio Management Not Supported
Portfolio Modeling Not Supported
Risk Analytics Benchmarks Supported
Stress Tests Not Supported
Value At Risk Calculation Not Supported

Audit Features

Alerts / Notifications Not Supported
Audit Planning Not Supported
Compliance Management Supported
Dashboard Supported
Exceptions Management Supported
Forms Management Not Supported
Issue Management Supported
Mobile Access Not Supported
Multi-Year Planning Supported
Risk Assessment Supported
Workflow Management Supported

Compliance Features

Archiving & Retention Not Supported
Artificial Intelligence (AI) Not Supported
Audit Management Supported
Compliance Tracking Not Supported
Controls Testing Not Supported
Environmental Compliance Supported
FDA Compliance Supported
HIPAA Compliance Supported
Incident Management Not Supported
ISO Compliance Supported
OSHA Compliance Supported
Risk Management Supported
Sarbanes-Oxley Compliance Supported
Surveys & Feedback Not Supported
Version Control Not Supported
Workflow / Process Automation Not Supported

Risk Management Features

Alerts/Notifications Not Supported
Auditing Supported
Business Process Control Supported
Compliance Management Supported
Corrective Actions (CAPA) Supported
Dashboard Supported
Exceptions Management Not Supported
Internal Controls Management Supported
IT Risk Management Not Supported
Legal Risk Management Not Supported
Mobile Access Not Supported
Operational Risk Management Not Supported
Predictive Analytics Not Supported
Reputation Risk Management Not Supported
Response Management Supported
Risk Assessment Supported

Financial Risk Management Features

Compliance Management Not Supported
Credit Risk Management Not Supported
For Hedge Funds Supported
Liquidity Analysis Not Supported
Loan Portfolio Management Not Supported
Market Risk Management Supported
Operational Risk Management Supported
Portfolio Management Not Supported
Portfolio Modeling Not Supported
Risk Analytics Benchmarks Not Supported
Stress Tests Not Supported
Value At Risk Calculation Not Supported

Integrations

Enhesa Supported

Integrations

Enhesa Not Supported
Claim Optial EHS SmartStart and update features and information
Claim Optial EHS SmartStart and update features and information
Claim PRMS Risk Management System and update features and information
Claim PRMS Risk Management System and update features and information