Open Source Enterprise Risk Management Software

As a risk manager i ve found that the risk management tools that are currently available to the community focus only on technical risk management.

Open source enterprise risk management software.

Establish a centralized model inventory and model risk management framework. Aml filter is an enterprise class open source software solution meant for anti money laundering compliance and risk reduction. Download open risk management for free. Serving thousands of companies around the world eramba is a popular open governance risk and compliance grc solution latest enterprise release september 11 2020 latest community release october 21 2019.

Here are some factors to keep in mind when comparing open source vs. The system screens names and related data against aml watchlists with efficiency accuracy and with negligible false positives. A preliminary list of projects both big and small that adopt the open source licensing model in the development of software relevant for risk management. There is a ton of value that free and open source software can bring to the table for a security practitioner and the risk management portion of the work we do is no exception.

Risk management practices applicable to the use of free and open source softwar foss see footnotee 1 for the purpose of this guidance foss refers to software that users are allowed to run study modify and redistribute without paying a licensing fee. Find and compare top risk management software on capterra with our free and interactive tool. Also there are both paid and open source free risk management software solutions. Quickly browse through hundreds of risk management tools and systems and narrow down your top choices.

Ensure modeling process transparency and promote consistent standards throughout your organization to ensure superior quantitative and qualitative model risk management regardless of model type source software or technology. About the open source risk engine s objective is to offer open source as the basis for risk modelling and analytics at financial institutions. Open source risk engine is open source software provided under the modified bsd license which permits using modifying the code base as well as incorporating it into commercial applications. There are some open source risk management software solutions that offer good basic features and functionality.

Open source and free options. The scope of the list is roughly speaking the domain of practice commonly denoted as quantitative risk management. List of open source risk management software. An open source enterprise risk management tool.

Access to source code is a pre requisite. In order to keep the list finite.