ProSight Enterprise Risk & Compliance Solution logo

ProSight Enterprise Risk & Compliance Solution

by ProSight Financial Association
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ActiveAvailable globallyCloud
Quick facts
VendorProSight Financial Association
Year launchedN/A
StatusActive
Location9084 Technology Blvd, Dallas, TX 75220, USA
Countries servedGlobal
Languages6
Integrations2+
Free tierNO
Free trialNO
Contact salesYES

About ProSight Enterprise Risk & Compliance Solution

A cloud-based suite of integrated software modules for financial institutions to manage risk, compliance, audit, vendor relationships, and board governance.

The ProSight Enterprise Risk & Compliance Solution is a comprehensive, cloud-based platform specifically engineered for small and mid-sized banks and credit unions. Formed through the merger of BAI and RMA, ProSight leverages deep industry expertise to provide a modular suite that addresses the complex regulatory and operational challenges faced by financial institutions. The platform consists of seven integrated modules—Learning Manager, Policy Manager, Vendor Manager, Enterprise Risk Manager, Business Risk Manager, Audit Manager, and Board Manager—which work together to centralize workflows and standardize risk management processes. By replacing manual, error-prone tasks with intuitive, automated workflows, the solution helps organizations improve coordination across departments, reduce regulatory exposure, and maintain a robust audit trail. While the platform is highly specialized for the financial services sector, its modular design allows institutions to scale their implementation based on their specific needs and pace. Buyers should note that the solution is primarily targeted at institutional clients, and pricing is typically handled through direct sales contact rather than public self-service plans.

Pros & Cons

Pros
  • Modular design allows institutions to implement components at their own pace.
  • Deeply tailored to the specific regulatory and operational needs of financial services organizations.
  • Centralizes risk, compliance, and audit data into a single, integrated platform.
  • Automates manual processes like policy updates and vendor due diligence.
  • Provides robust audit trails and documentation for regulatory examinations.
Cons
  • Pricing is not publicly available and requires contact with sales.
  • Highly specialized for financial institutions, which may limit its utility for other industries.
  • Implementation of the full platform may require significant organizational change management.

Features

Key features

Learning Management

Streamlines planning, assignment, and tracking of compliance and professional development training programs.

Policy Management

Provides tools for creating, updating, communicating, and tracking organizational policies and procedures.

Vendor Management

Centralizes third-party due diligence, risk assessment, and inventory management for external suppliers.

Enterprise Risk Management

Enables identification, assessment, monitoring, and mitigation of risks across the entire enterprise.

Audit Management

Serves as a secure repository for audit activities, documentation, and progress tracking for internal and external auditors.

Board Governance

Facilitates board meeting organization, document sharing, and management of governance responsibilities.

Additional features

Business Risk Management

Assesses inherent risks in products and services to align investments with objectives.

Regulatory Change Management

Identifies organizational documents impacted by regulatory changes with optional AI-powered functionality.

Training Insights

An assignment planning tool for developing and documenting training selections efficiently.

Career Pathing

Supports badging and skills tracking to increase user engagement in professional development.

Automated Workflows

Reduces manual effort in contracting, procurement, and risk assessment processes.

Centralized Dashboard

Provides visibility into risk, compliance, and audit status across the organization.

Role-Based Access

Ensures secure, appropriate access levels for different users and stakeholders.

Cross-Module Integration

Shares forms, actions, and notifications across modules to reduce redundant data entry.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
6
Interface languages
11
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortuguese

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇳CNY🇮🇳INR🇲🇽MXN🇧🇷BRL🇷🇺RUB

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