Governance, Risk, and Compliance (GRC) Management Software Platform
Overview
Manage Risk and Compliance Under an Integrated GRC Software Platform
Powered by Artificial Intelligence (AI), Risk Cognizance GRC Streamlines Workflows and Automates Processes
Risk Cognizance is an AI-powered GRC platform that vertically integrates risks and controls, KRIs, regulations and requirements, policies and procedures, audit and examinations, and training in a unified, cloud-based system. With a SaaS architecture and modern technologies, Risk Cognizance delivers predictive analytics, data insights for predicting risk, and streamlined compliance.
Risk Cognizance Governance, Risk, and Compliance (GRC) Management Software Platform
Risk Cognizance automates tasks and workflows, improving the quality and value of risk and compliance activities. The highly configurable platform creates risk and regulatory relationships between organizational activities and provides visibility into where risks intersect, offering stakeholders a deeper, wider, and holistic view of risk and compliance. The unified architecture of Risk Cognizance increases the efficiency of risk and compliance teams, enhances visibility for management, and creates electronic audit trails simultaneously.
Every company has its unique vision and needs, which is why Risk Cognizance is designed to be modular and flexible enough to adapt to your organization’s vision and requirements. Businesses can select the modules and functionalities they require, reducing unnecessary features and costs. Instead of a complex solution with unneeded elements, your team gets direct access to the tools they need.
AI Regulatory Change and Compliance Platform
The Regulatory Compliance Management Suite includes:
- Regulatory Change Management
- Regulatory Intelligence
- Regulatory Repository
- Compliance Advisory Services
- Attack Surface Management
- Third-party Risk Management
Leverage Cognitive Insights for Strategic Decision-Making and Prioritization
Ai-GRCSoar: The AI-Powered Knowledge-Centric GRC Platform
Ai-GRCSoar is the industry’s first AI-powered, knowledge-centric GRC solution. It leverages large language models, GRC ontology-based knowledge graphs, and generative AI capabilities to unlock the full potential of an organization’s existing GRC and transactional data. By providing cognitive insights across all aspects of enterprise GRC, Ai-GRCSoar enhances efficiency, as well as predictive and data-driven decision-making.
Ai-GRCSoar connects with multiple systems and data sources, creating cognitive insights from underlying GRC data to improve the performance of existing GRC programs. Unlike other GRC tools that rely on manually defined rules and workflows, Ai-GRCSoar harnesses the power of your organization’s data to train advanced machine learning models and AI. It continuously detects risks, audit and control deficiencies, duplicate risks and controls that can be removed, and patterns of over-testing and under-testing of controls. This allows for proactive planning and prioritization of risk assessments, control testing, issue management, and action planning.
Interconnected Compliance & Risk - GRC AI Risk Management
AI-powered GRC (Governance, Risk, and Compliance) tools with multitenancy capability offer a scalable solution that allows multiple organizations to manage their compliance needs within a single platform. By leveraging AI automation, these tools streamline risk assessments, regulatory reporting, and compliance management across diverse business units, enabling real-time monitoring, automated workflows, and actionable insights. The multitenancy architecture ensures that each tenant has its own secure, isolated environment while benefiting from shared platform resources, making it an efficient, cost-effective solution for enterprises managing multiple clients or subsidiaries with varying compliance requirements.
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Regulatory Compliance Dashboard
Our Managed Service Provider Partnership Program offers a comprehensive compliance solution and white-label support services are purpose-built for MSPs to streamline the compliance process and drive revenue
Automation of Compliance Processes
Our platform automates evidence collection, continuous monitoring, and policy management, ensuring compliance with a wide range of frameworks, including SOC 1, SOC 2, HIPAA, GDPR, PCI DSS, ISO 27001, ISO 27701, ISO 27017, ISO 27018, ISO 9001, ISO 13485, NIST CSF, NIST 800-53, NIST 800-171, FedRAMP, CCPA, CMMC, SOX ITGC, Australian ISM, and ACSC’s Essential Eight, among others.
Risk Cognizance offers a comprehensive suite that includes Risk Management using FAIR and NIST-based qualitative methods, Vulnerability Assessments, Pen Testing, Trust Center, and an AI-based Automated Questionnaire Response product to streamline security processes and reduce costs. Our team provides tailored guidance throughout the compliance journey, while Risk Cognizance Academy offers concise video courses on key security and compliance topics for fast-growing companies.
Our solution delivers significant time and cost savings, including discounted audit fees, enabling organizations to achieve compliance quickly and affordably. As businesses grow, they can continuously maintain compliance and become certified under multiple frameworks, all through a single automated platform.
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