How does Cognitive View perform Conduct Risk Monitoring?

We formulate a conduct risk map to help you focus on the most dangerous risk areas. After doing your conduct risk mapping, you can do your conduct risk analytics. So, let’s start with risk mapping first.

• CREATE RISK MAPPING:

This feature enables you to define and add your risks to the system, giving you the freedom to identify crucial risk indicators that may change depending on the product or service that you offer.

We provide a few classified conduct risk mappings for assistance, but you can also create tailored mapping strategies according to company needs. With this, you can create a policies pool and keep track of employee behaviors and other aspects accordingly.

(a) Create Conduct Risk Mapping

You have to build a map, select the products to be mapped, set the category, and then create a series of policies inside that category. Later, you may pick a policy, make a map, and study analytics to get an accurate measure. 

(b) Conduct Risk Mapping Details

The system has a preset threshold that users can modify. For example, to help you evaluate the lowest to the maximum range, it is scaled from 0 to 100, where 0 represents the least amount of risk and 100 represents the maximum risk. You may also tweak the threshold based on your needs. 

The category will perform or be evaluated in Conduct Risk analytics depending on the altered threshold.

(c) Edit Conduct Risk Mapping

To achieve a more accurate event risk assessment, you can add risk factors based on tonalities or words.

For further assistance, you can connect with our team.

• CONDUCT RISK ANALYTICS:

This section enables a graphical and visual representation of the risks that have been recorded using the platform's risk definition module. With this page, you can choose one or more conduct risk categories for risk analysis and set a date parameter to understand the risks.

You will see a heat map with three colors based on the conduct risk mapping you developed or specified categories; where green denotes the least degree of risk, yellow denotes a medium level of danger, and red suggests the highest risk of threat.

Analytics allows you to undertake risk assessments and identify the areas you must look for violations of any rules or behavioral code to help determine how a particular category performs within a pool of policies.

For further assistance, you can connect with our team.