360factors, Inc. announced that BHG Financial, a leader in financing to professionals nationwide, selected 360factors’ risk and compliance intelligence platform.
The organization will deploy 360factors’ Predict360 Enterprise Risk Management (ERM) and Compliance Management applications. Predict360 enables risk and compliance teams to assess risks and controls, manage compliance monitoring and testing activities, handle regulatory changes, and ensure regulatory compliance.
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“Managing risk and compliance is critical to BHG. We needed a solution that would enable us to quickly and effectively develop our risk management framework,” said Matt Ondus, Chief Compliance Officer at BHG Financial. “Predict360 provides the risk framework and collaborative workflows that will enable BHG to streamline our risk and compliance processes within one global platform.”
Edward Just, Director, Risk Management, said, “Predict360’s interface was more user friendly than other solutions we considered. The reporting capabilities with configurable dashboards and integration of Tableau will enable us to quickly realize value from the system.”
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“360factors is excited to work with the innovative team at BHG Financial,” said Carl McCauley, CEO of 360factors. “As the financial services industry evolves, financial organizations are balancing product and technology evolution with regulatory obligations and compliance. We look forward to deploying Predict360 and are thrilled to welcome BHG Financial to our banking and financial services family of customers.”
As a risk and compliance solutions leader within the banking and financial services industries, 360factors continues to develop relationships with banks and financial services institutions seeking to remove inefficiencies while elevating their risk and compliance management programs.
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