Watchtower is a comprehensive Enterprise Risk Management (ERM) platform that eliminates friction, cost, and complexity from risk and performance management. By integrating data across the enterprise, Watchtower delivers a unified, real-time view of risk and performance metrics, enabling leadership and the Board to make data-driven decisions, ensure compliance, and proactively mitigate risks before they escalate. With dynamic reporting, pre-populated risk indicators, and seamless automation, Watchtower enhances transparency and operational efficiency across the business. Some of the key features & capabilities include:
1) Enterprise-wide Risk Transparency: Provides 360 view of risks and performance metrics for better decision-making
2) Automated Data Aggregation: Integrates critical internal and external data sources for more timely data
3) Pre-Populated Risk Library: Includes a library of Key Risk Indicators (KRIs) & Key Performance Indicators (KPIs) to measure performance
4) Reporting & Visualization: On-demand reports and data analytics, eliminating reliance on outdated spreadsheets and manual processes
5) Meet Regulatory Standards: Helps maintain compliance by providing clear, transparent, and standardized risk communication across the business
Watchtower's integrated risk solutions can be purchased separately, these include: Risk & Control Self-Assessment (RCSA), Program Risk Assessment, Enterprise Risk Maturity Framework, and a FinTech Risk Assessment Tool.
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