Delivering cost effective risk & compliance

Comply with regulations, Streamline Processes, reduce costs

 
 
 
 
 
 
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Save yourself time
with ERIC

  • Modern, user-friendly system
  • Practical for organisation regardless of size, or regulatory obligations
  • Easy to set up and scale
  • Facilitates embedding the Risk and Compliance culture
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Manage compliance activities

  • Manage your compliance monitoring plan
  • Manage statutory approvals
  • Schedule and Manage Policy reviews and attestation
  • Map regulations to Risks and Controls

2

Risk Management

  • Link Risks and controls to Processes
  • Schedule Tests, Track Controls testing, Monitor Risk Heatmaps
  • Record Issues, Track Actions
  • Perform periodic Risk and Control Self-Assessments

3

Reporting & Analytics

  • Standard and Be-spoke reports
  • Interactive and drill-down charts
  • Realtime status dashboard

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Responsibility Mapping

Map the Senior Managers & Certified Persons throughout your organisation
2

Scorecard Management

Create scorecards for your Senior Managers
Track their performance
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Fit & proper certitifcation Module

Automate your fit and proper certifications

ERIC Core features

ERIC- the cutting edge Regtech built and supported by Risk & Compliance experts

Secure Platform

ERIC is a secure cloud-based platform hosted using AWS and is ISO 27001 certified. ERIC is also GDPR compliant

Flexible Implementations

Implementations are client friendly and as required by the clients. Clients are up and running from Day 1

Expert Support

Our proactive SME rich support team are agile and provide customer support round the clock

Intuitive Interface

ERIC is very easy to use, highly intuitive and interactive solution. All modules are interlinked so as to provide an end-to-end view for proper assessment / actions as required

Interactive Dashboards

ERIC has a rich reporting functionality that includes interactive charts and dashboards. These are easily importable and downloadable for reporting / presentations.

Automated Notifications & Alerts

ERIC allows entities to set-up automated alerts and notifications as required – for e.g. to follow-up on actions, audit issues, risk and control self- assessments, scheduling controls testing / compliance activities etc

Role-based Access

Role-based access for enhanced data security, ensures that users have access to appropriate level of data

Supports all 3-LoD

ERIC supports all 3 Lines-of-defence. Our distinctly defined roles and associated functionalities enables all 3 LoD to effectively meet all their deliverables

Comprehensive Data Libraries

Comprehensive Risk and Control libraries, Regulatory rule books updated / refreshed every quarter

ERIC – User plans

Customise ERIC to suit your organisation, select the modules you need making it the most cost effective solution for your Risk & Compliance.

ERIC OUT OF THE BOX

For the core requirements of Risk & Compliance

  • Process, Risk & Control Repositories
  • Control Testing & Monitoring
  • Schedule & assign your activity
  • Manage PAD,G&E,COI approvals
  • Issue & action plan management
  • Bespoke reporting at the touch of a button
  • Outsource your Risk & Compliance activity to 1RS to manage

ERIC PRO

Meeting the professional’s Risk and Compliance needs

  • All of ERIC OUT OF THE BOX features
  • PLUS
  • Risk & Control Assessment
  • Standard Reports
  • Charts & Graphs
  • Implementation Support
  • Customised to your specific Risk & Compliance Framework

ERIC ENTERPRISE

The most advanced solution for all your Risk & Compliance needs

  • All of ERIC PRO features
  • PLUS
  • Regulatory Rule Library & mapping to Risks & Controls
  • Policy Management Module
  • Risk Radar & Risk Appetite Module
  • SMCR Module & Additional reporting
  • Field & functionality customisation