The Garland Group provides a comprehensive and integrated understanding of your processes and technologies and how they impact your business operations. We identify ways to increase your effectiveness and efficiency while reducing your risks.
The Garland Group has developed and customized a software application, RiskKey, that is used to assess risk in the financial industry environment. RiskKey is a unique and secure web-based risk management tool that will help analyze and assess risk for financial institutions. Click here to go to the RiskKey site.
In today’s banking environments, regulatory agencies are requiring more and more detail when it comes to audits and how your bank handles its risk levels. With RiskKey, you have the ability to proactively manage your risk by monitoring, tracking, analyzing, and reporting your assessments to your Board of Directors and the Examiners.
There are a number of inherent benefits in using an online, web-based tool like RiskKey:
- It satisfies the FFIEC requirement for an ongoing Risk Assessment.
- It has the ability to support Risk Assessments over multiple facets of your financial institution.
- It includes customizable reporting features.
- It has secured SSL Encryption and is fully Password protected.
- It is a fully scalable and customizable solution.
- It reduces time and cost for the financial institution.
- It creates a detailed history for a complete audit trail.
- It has built in calendar and resolution tracking features.
- It will insure that your risks are assessed accurately and efficiently.
- It tracks exam and audit findings in detail.