Risk Proof, a PwC Product

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PwC, US

About this talk

$42B losses reported due to fraud in the past 24 month* What if you could help assess and manage financial crime from one consolidated place? Risk Proof, a PwC Product, empowers your organization to think faster and act quicker to stay on top of the ever-changing world of financial risk. It streamlines risk assessments into a single platform—making the entire process visual, interactive, trackable and actionable. Spend less time on manual tasks and more time knowing what risks and controls to focus on so you can help increase your protection. *Source: PwC’s Global Economic Crime and Fraud Survey, 2020 Risk Proof offers a comprehensive view of evolving risks and empowers better compliance decisions. This digital platform centralizes the disparate parts of an assessment with visually-oriented reporting, intuitive data interaction, and tracking of all activities. You get more insight into how financial risk threats connect to each other and back to your business. Prevent tomorrow’s threats today. Enhance workflow efficiency: Risk Proof helps transform the manual spreadsheet-based assessment process into a fully digital approach, further reducing the possibilities for human error and time wasted on repetitive work. Improve consistency across your enterprise: With all your assessment questions organized into a template you control, your process can be standardized for more dependable scoring throughout your various lines of business. Promote process accountability: Utilize a fully searchable audit history of actions taken on any assessment to understand who or what data drove a given response and gain a better view of your historic decision-making.

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