The i-Assess framework is an effective tool for evaluating and managing the institution’s risks. In today’s environment most institutions manage their risk assessments through a three ring binder and/or a series of spreadsheets that are very labor intensive and are not leveraged year after year. iAssess takes this process to a new level where your risk assessments become living and breathing documents that can be leveraged to maximize your efficiency. The module will aggregate and display a comprehensive view of the institution’s risk across the seven categories identified by the FFIEC that should be monitored for an effective risk management program: Reputation, Interest, Liquidity, Strategic Operation, Credit, and Compliance. The module has several features to make your job easier which are as follows:

• Numerous Preloaded Programs such as BSA, Red Flags, OFAC, Remote Deposit Capture, GLIBA, Fair Lending, Loans to Insiders, etc.

• Standard Threat and Mitigation database

• A detail approval, scheduling, and tracking mechanism

• Ownership assignment and open collaboration

• Program Snapshot capability

• Comprehensive reporting output