ARC Logics™ Risk and Controls Module
ARC Logics is an ERM measurement, monitoring and management tool specifically for Financial Services. The Risks and Controls Module combines a strong regulatory framework with organizational controls to create a comprehensive platform for managing enterprise compliance, operational and financial risk.
It allows you to answer three important questions:
"Did the controls we have in place work?"
"Are the defined controls being done now?"
'"What is the likelihood we’ll have a problem in the future?"
As an integrated, structured workflow tool, ARC Logics combines business function and controls, compliance regulations and risks, financial analytics, issue and error management, as well as reporting that supports ongoing risk management decisions. It ensures structure and efficiency by automating key manual processes that typically require input and action from many employees. With rules customized for your business, ARC Logics ensures a consistent, enterprise-wide view of all risks across business lines and legal entities.
Key features include:
- Risk Assessments
- Key Control Certification
- Incident Reporting
- Issue Management (internal and exam related)
- Compliance Testing Management
- Enterprise Reporting
