PRMS Risk Management System

PRMS Risk Management System

Precision Risk Management Systems
+
+

Related Products

  • Predict360
    18 Ratings
    Visit Website
  • D&B Risk Analytics
    81 Ratings
    Visit Website
  • GOAT Risk
    76 Ratings
    Visit Website
  • Hyperproof
    350 Ratings
    Visit Website
  • LendingPad
    302 Ratings
    Visit Website
  • D&B Credit Insights
    58 Ratings
    Visit Website
  • SBS Asset Finance
    3 Ratings
    Visit Website
  • D&B Finance Analytics
    802 Ratings
    Visit Website
  • Secure Eraser
    15 Ratings
    Visit Website
  • Mortgage Automator
    198 Ratings
    Visit Website

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.

About

Risk Matrix (as well as more information on RiskNav and Risk Radar) is available in the Systems Engineering Practice Office (SEPO) Risk Management Toolkit. Although Risk Matrix is available for public release, support is limited to downloadable online documentation. Government programs sometimes implement a combined government/contractor risk management process that uses tools provided by the contractor. Multiple major government contractors have developed in-house risk management applications. Many applications are comparable to available MITRE and commercial tools and effectively support program risk management. Many smaller programs use Microsoft Excel or Access customized risk management tools. Some customized solutions meet the tool selection criteria outlined earlier. This is important when considering a customized solution that meets the needs of the program being 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

Platforms Supported

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

Audience

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

Audience

Enterprises and companies seeking a solution to manage all their operations and processes

Support

Phone Support Supported
24/7 Live Support Not 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

No information available.
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 Not Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

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

Company Information

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

Company Information

MITRE
www.mitre.org

Alternatives

Alternatives

Enterprise OpRiskCenter

Enterprise OpRiskCenter

Centerprise Services
SimpRisk

SimpRisk

PVA Digital Systems
Naris GRC

Naris GRC

Naris

Categories

Categories

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

Risk Management Features

Alerts/Notifications Not Supported
Auditing Not Supported
Business Process Control Not Supported
Compliance Management Not Supported
Corrective Actions (CAPA) Not Supported
Dashboard Not Supported
Exceptions Management Not Supported
Internal Controls Management Not 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 Not Supported
Risk Assessment Supported

Integrations

Sovrin Not Supported
StellarProtect Not Supported
Trellix Detection as a Service Not Supported

Integrations

Sovrin Supported
StellarProtect Supported
Trellix Detection as a Service Supported
Claim PRMS Risk Management System and update features and information
Claim PRMS Risk Management System and update features and information
Claim Risk Radar and update features and information
Claim Risk Radar and update features and information