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About

The Product Risk Framework is a business intelligence tool that helps product development teams analyze the risks, constraints and uncertainties associated with new products. Strategy 2 Market is the parent company of the Product Risk Framework. We are experts in helping large to mid-cap companies improve their product development process. The Product Risk Framework™ is a business intelligence software tool for product developers. It enables product teams to identify, evaluate and prioritize the most significant sources of uncertainty and risk associated with product ideas. It leverages behavioral economics principles to root out uncertainties, while tracking risk reduction progress from idea through launch, and enhancing decision-making through data visualization. The Product Risk Framework received a National Science Foundation (NSF) STEM I-Corp Grant sponsored by the University of Chicago.

About

More precisely balance risk and opportunity with risk management products that identify and manage best-fit customers across the account lifecycle. Leverage unique data assets to assess the risk associated with providing products or services, and detect early signs of collection/default risk. Engage more confidently with the right consumers and organizations, increasing financial inclusion. Understand consumers on a deeper level to make better-informed risk decisions. Mitigate risk more effectively and protect profit margins. Access data to support customers in pre-delinquency. Understand and manage risks associated with extending credit and reduce the probability of default. Help expand approvals and improve pricing accuracy. Mitigate risks associated with underwriting insurance through richer insights that help with pricing sophistication. Optimize coverage, price, and expenses for improved loss ratios.

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 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

Companies searching for a solution to manage to reduce product uncertainty, risk, and cost

Audience

Businesses looking for a tool to make better risk decisions and gain a clearer picture of their consumers

Support

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

Support

Phone Support Supported
24/7 Live Support 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 Supported
Webinars Supported
Live Online Supported
In Person Supported

Training

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

Company Information

Product Risk Framework
United States
www.productdevelopmentrisk.com

Company Information

TransUnion
United States
www.transunion.com/solution/truvision

Alternatives

RiskTrak

RiskTrak

RiskTrak International

Alternatives

BetterFleet

BetterFleet

Evenergi
ModelRisk

ModelRisk

Vose Software
Risk Radar

Risk Radar

Pro-Concepts
Explorer

Explorer

Risk Insights
Riskion

Riskion

Expert Choice

Categories

Categories

Risk Management Supported

Risk Management Features

Alerts/Notifications Not Supported
Auditing Not Supported
Business Process Control Supported
Compliance Management Not Supported
Corrective Actions (CAPA) Not Supported
Dashboard 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

Product Management Features

Collaboration Supported
Feedback Collection Not Supported
Idea Management Supported
Milestone Tracking Supported
Prioritization Supported
Product Roadmapping Not Supported
Release Management Not Supported
Requirements Management Not Supported
Resource Management Not Supported
Workflow Management Not Supported

Project Portfolio Management Features

Budget Management Not Supported
Collaboration Supported
Dashboard Supported
Issue Management Supported
Milestone Tracking Supported
Portfolio Management Supported
Project Planning Supported
Requirements Management Not Supported
Resource Management Not Supported
Status Tracking Supported
Task Management Supported
Time & Expense Tracking Not Supported

Integrations

PremierCashier Not Supported
TrueTargeting Not Supported

Integrations

PremierCashier Supported
TrueTargeting Supported
Claim Product Risk Framework and update features and information
Claim Product Risk Framework and update features and information
Claim TransUnion TruVision and update features and information
Claim TransUnion TruVision and update features and information