Risk Profile Questionnaire
Configurable risk drivers, evaluation stages, and multi-evaluator scoring with worst-score logic and automatic critical driver escalation to the appropriate governance tier.
Product Risk Governance Workflow
A platform for structured product and service risk governance — covering submission, risk driver evaluation, committee approval, product registry, and lifecycle monitoring.
The Challenge
Regulated institutions must subject all new or materially changed products and services to a structured, multi-stakeholder risk evaluation before launch — covering up to 15 risk dimensions, committee evaluation, formal approval with conditions, and post-launch monitoring. Managing this through email and spreadsheets creates review inconsistencies, audit gaps, and a monitoring obligation that exists on paper only.
Solution Modules
Workflow Types
Supports all lifecycle stages: New Product/Service, Significant Change, Periodic Monitoring, and Termination -- each with the appropriate governance routing and documentation requirements.
Committee Evaluation Module
Independent committee scoring, formal decision capture (Approve / Reject / Conditions), and documented rationale -- structured for direct inclusion in governance records.
Product Registry Integration
Automatic lifecycle tracking from approval through scheduled monitoring to termination. Every approved product and service has a permanent, attributable record.
Immutable Decision Logs
Every score, override, comment, and decision permanently recorded with user attribution, timestamp, and version. Nothing is editable after submission.
Management Reporting
Risk classification overviews, monitoring compliance tracking, and PPT-ready export. Built for senior management and board-level reporting.
How it works
Distinct process steps within the workflow.
Product type detection
Classifies submission: Digital Channel / Credit / Cross-Border / Investment / Hybrid — selects applicable regulatory framework cluster
Risk Assessment
Each driver scored Low / Medium / High / N/A with evidence-grounded justification drawn strictly from the submission document
Regulatory cross-reference
Applies EBA/GL/2023/02, GDPR Art.35, 4AMLD/5AMLD, eIDAS, DORA, MiFID II as applicable to the product type
Completeness audit
Flags blank fields, inconsistencies (e.g. DPIA declared 'No' despite systematic personal data processing), missing regulatory documentation
Conditions & recommendations
Structured pre-approval conditions and pre-launch recommendations — formatted for direct committee record inclusion
DOCX output
Committee-grade formatted report, ready for submission without further editing
Talk to us about about your requirements.