Logo
Sign in
Product Logo
Risk, Audit and Compliance ManagementSquirro

AI-Powered Risk Insights: Streamline Audits, Automate Compliance, Uncover Hidden Enterprise Risks.

Brief-Risk…r-ENG-2023.pdf
download.jpg
UI-rm.webp
Product details

Overview

Squirro Risk Insights is an AI-driven solution designed to transform enterprise risk management by unifying siloed data through artificial intelligence, machine learning, and knowledge graphs. It enables rapid access to hidden insights, driving smarter decisions, higher productivity, and an enhanced customer experience. The platform seamlessly integrates with existing IT infrastructures, including SaaS and other applications, offering APIs for retrieving search results and frontend SDKs for embedding Squirro dashboards into any system. Squirro's solution has demonstrated significant benefits, such as reducing the mean-time-to-resolution by 30% and achieving over $5 million in annual cost reductions.

Features and Capabilities

  • AI-Powered Case Classification: Automatically classifies cases, assigns workflows, and automates processes to enhance efficiency.
  • Integrated 360-Degree Client View: Provides a comprehensive view of clients by integrating into existing applications, improving service quality.
  • Knowledge Graphs: Utilizes knowledge graphs to reveal hidden data hierarchies, patterns, and relationships, increasing AI accuracy.
  • AI Guardrails: Implements guardrails to ensure reliable, ethical, and compliant decision-making, enhancing user trust.
  • Operational Data Integration: Consolidates and analyzes financial and economic data, providing regulators with real-time insights into potential risks.
  • Automated Risk Assessment: Enhances risk-based supervision by providing automated assessments, reducing oversight costs by 30%.
  • Real-Time Supervisory Support: Offers real-time support for supervisors by consolidating and analyzing data, leading to 5x faster risk reporting.
  • Compliance Monitoring: Monitors compliance in real-time, resulting in 40% fewer non-compliance incidents.
  • Seamless IT Integration: Integrates with existing IT infrastructures, including SaaS applications, offering APIs and frontend SDKs for embedding dashboards.
  • Proven ROI: Case studies demonstrate significant ROI, such as a European financial institution saving over EUR 20 million and achieving ROI in just 2 months.