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Oracle RMCS capabilities

edited Aug 11, 2022 9:04PM in Risk Management and Compliance 3 comments

Summary

Question to product SMEs

Content

Does RMCS have capabilities to address the following customer requirements? If yes, a brief explanation of product features to address them, 

  • An ability to undertake risk  assessments for both inherent and residual risk (scorecard metrics) 
  • Collaborative platform which is accessible to both internal users and third parties
  • Automation of the third-party risk management process (including segmentation, variable actions/events triggered to suppliers based on risk assessment responses)
  • Automated calendar of events for re-occurring controls (actions and activities)

 

Version

Oracle Risk Management Cloud Service 20C
Tagged:

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