See How Procipient® Digs Deeper Into Your Risk


Procipient®'s Five-Factor Risk Framework 

While several models use analysis techniques with multiple factors, generally two or three or more, Procipient® is differentiated by its five-factor approach. With this approach, Procipient® conforms to global risk standards and ensures that risks are understood, kept in perspective and can be prioritized.

Five factor risk assessment allows for a more honest and accurate assessment of risk. Many people try to assess the impact and likelihood of a risk simultaneously and are forced into a subjective judgment call, deciding that one risk is scored higher than another, more impactful risk, because it is a risk the organization is more likely to be content with in the next 12 months. By assessing likelihood, impact and controls independently to calculate more objective residual risks, you’re able to provide an easy way to understand risk levels on a numeric scale that provides understanding and direction for focus. Strategic decisions can then be made to prioritize risk mitigation time and dollars.

This well-defined approach presents a more precise picture of a company's risk. Download our flyer to see more about how Procipient® digs deeper with a five-factor approach to risk assessment, or read more about this risk factor model on our blog.

Procipient® Risk Assessment Flyer



What is Procipient®?

Next-Generation ERM / GRC Software

CMPG, LLC Procipient Video

Procipient® is a next-generation, Enterprise Risk Management (ERM) / Governance, Risk and Compliance (GRC) software. It delivers an intuitive, user-friendly, configurable interface, which focuses on simplifying risk management. Because of Procipient’s intelligent design, it can be implemented incredibly quickly and easily. The software is built around a structured framework which can be fully configured by the user, by us, or we offer easily tailored, pre-built templates.

FLoD (First Line of Defense) - Assessments are driven by pre-built, completely configurable assessments with scoring on each of the business elements created within the framework, giving users the ability to gain insight into Inherent Risk, Probabilistic Risk, Control Effectiveness, and Residual Risk.

SLoD (Second Line of Defense) - Easily map all of your compliance documentation and controls to their corresponding risks and business processes, and prove compliance by linking them to the laws, regulations and guidance they address.

TLoD (Third Line of Defense) - Procipient® also allows you to schedule and track audits, assign and track the remediation of issues, and more.

Give auditors, regulators, and your board clear insight into your bank’s risks and controls with powerful reporting and dashboards. Procipient® reduces the practical and financial challenges historically associated with ERM/GRC systems while providing a solution flexible enough for any need.

Want to see Procipient® in action? 

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