Enterprise Risk Management
Measure, Monitor and Manage Risk Exposure
For financial services organizations around the world, there is growing internal pressure to streamline the risk assessment process and maximize the value of the information collected to better understand the overall risk picture. There is also growing external pressure from regulators for a uniform methodology for tracking risk across lines of business and products.
Today, you need to have in place an enterprise risk management program that identifies, monitors, and effectively controls compliance and operational risk across the entire organization. ARC Logics is a modular integration of three key risk management components: Policies and Procedures, Risks and Controls, and Audit. Together, the modules provide a common collaborative platform to monitor, measure, and manage compliance and operational risk across all business lines and legal entities.
The ARC Logics Solution for Risk Management
Policies and Procedures
A common platform to gain visibility into and proactively manage your organization’s compliance policies and procedures. The ARC Logics Policies and Procedures module is a dynamic platform solution for managing policies and procedures. Recognizing the significant challenges insurers face in assembling, revising and distributing policy manuals, we created the Policies and Procedure module to automate the process and provide much needed visibility and accountability into the process. Learn more.
Risks and Controls
Measure, manage, and monitor compliance and operational risk across the enterprise, leveraging embedded compliance risk management content to proactively respond to the compliance risks inherent in the US insurance system. The ARC Logics Risks and Controls module is part of a dynamic platform solution for measuring, managing and monitoring enterprise compliance and operational risks. Recognizing the significant challenges insurers face in understanding the status of risks across the organization, analyzing risk by business unit, risk category, or region; prioritizing remediation of the most urgent issues; and addressing risk before the associated issues become critical, we created the Risks and Controls module to automate the process and provide much needed visibility and accountability into the process. The domain expertise of Wolters Kluwer Financial Services is embedded within the solution in risk and control libraries. Learn more.
Audit
ARC Logics delivers robust audit management via TeamMate - the world leading audit management software that has revolutionized the audit process. TeamMate integrates tightly with ARC Logics to provide greater efficiencies across audit, risk and compliance management processes. Learn more.
Consulting
With increasing demands on internal resources, many companies turn to third-party consultants to achieve quality risk assessments in desired time frames. The expertise of these consultants can make the difference between gaining accurate, valuable insight into the current state of your risks, and not getting the information needed in the time frame you need it, or worse getting inaccurate or misleading analysis. Our team includes some of the industry’s most talented and skilled compliance and risk management experts. Our experience makes us uniquely qualified to provide you with the risk management expertise you need across your organization to help you quickly achieve the results you are looking for. Learn more.
