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From the Editors of CU Weekly

updated 06/10/14 08:40 AM
Now Available from FIS
In response to increasing regulatory demands to enhance enterprise risk management and regulatory compliance, FIS—the world’s largest provider of banking and payments technology, consulting and outsourcing solutions—has created Early Risk Manager.

Early Risk Manager is a turnkey, secure, cloud-based, next generation solution specifically tailored for financial institutions to help mitigate risks before they become material and negatively impact bottom lines.

The program features a robust risk dashboard, a library of more than 450 key risk indicators (KRIs) and key performance indicators (KPIs), more than 1,800 compliance monitoring and testing checklists, third party risk management, and more. It also can be quickly configured to fit the needs of any credit union and can be securely accessed anywhere, anytime via the cloud.

“Effective risk management is the ability to identify and mitigate risks before they become material and negatively impact earnings, capital or reputation,” said Sai Huda, senior vice president and general manager, Enterprise Governance, Risk & Compliance (EGRC) Solutions at FIS. “We are delighted to add to the value proposition FIS presents to financial institutions by helping them manage risks proactively with this turnkey solution.“

To learn more about FIS’ Early Risk Manager, click here.