
Connected RiskEmpowered
Connected Risk delivers fully integrated, no‑code GRC platform for streamlined governance, risk, and compliance."
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Empowered
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Product details
Overview
Connected Risk® is Empowered Systems' all‑in‑one, no‑code/low‑code GRC platform designed to unify governance, risk, and compliance (GRC) operations within a single solution. Built for enterprise scalability, it supports modular expansion—from audit and compliance to third‑party, ESG, and policy management—all configurable without coding. Embedded APIs and integrations allow seamless data flow, while intuitive dashboards and dynamic reporting elevate visibility across risk programs.
Features and Capabilities
- **Modular GRC Stack: **Enterprise Risk, Operational Risk, Audit Management, Policy, Regulatory Change, Compliance, ESG, Model Risk, SOX/ICFR, and TPRM – all part of one unified platform.
- **No‑Code/Low‑Code Configuration: **Users can tailor workflows, taxonomies, data fields, and interfaces without coding—ideal for rapid deployment and lower maintenance.
- **Integrated Dashboards & Reporting: **Real‑time, drill‑down dashboards, heat‑maps, visual analytics, and BI reports are embedded directly into the platform.
- **Workflow & Issue Management: **Configurable workflows, alerts, task tracking, remediation workflows, and issue escalation are built across modules like audit, RCSA, and TPRM.
- **Third‑Party Risk & Continuous Monitoring: **Vendor assessments, onboarding workflows, dynamic screening with data providers (e.g., Dun & Bradstreet), and continuous monitoring of risk and performance.
- **Integrated Audit Management: **Fully supports audit planning, workpaper management, risk linkage, fieldwork, and reporting—with live document editing via Microsoft Office for Web.
- **Internal Controls & RCSA: **Includes control testing, certification, exception tracking, assessments, and ownership accountability, with infinite linkage across risk areas.
- **Regulatory Change & Policy Lifecycle Management: **Automatically links regulatory updates to obligations, policies, and controls; manages policy creation, attestation, breach tracking, and version evolution.
- **Model Risk & ESG Oversight: **Supports the inventory and validation of predictive models, ESG goal management, risk exposure monitoring, and compliance reporting across frameworks.
- **Technical Integrations & Security: **Offers RESTful APIs, single sign‑on, a scalable multi‑spine architecture, SOC 2 and GDPR compliance, and is available for cloud or on‑premise deployment.
- **Deployment Speed & Efficiency: **Uses a Rapid Value™ methodology enabling phased rollouts (e.g., 8‑week deployments), achieving up to 30–80% time and effort savings compared to legacy GRC tools.
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