FINTECH RISK MANAGEMENT & Monitoring
We make your data actionable.
Watchtower's FinTech Risk Management & Monitoring tools aggregate key risk & performance information to proactively manage the risks FinTech partners create. Within Watchtower, financial institutions of all sizes can manage their risk maturity and access to individual FinTech partner risk profiles allowing continuous monitoring and historical performance reporting. See below how Watchtower aggregates data from key sources and transforms that data to provide actionable insights.
CONFIDENTLY ENTER FINTECH PARTNERSHIPS WITH A FULL UNDERSTANDING OF THE CAPABILITIES & ASSOCIATED RISKS OF EACH PARTNER.
A profile is created for each FinTech your institution wants to monitor and added to your Watchtower account. This offers a consolidated view of each company’s performance over time to monitor and manage risk.
Watchtower offers automated risk-based monitoring of each FinTech Partner profile by aggregating key Industry Data sources and Watchtower KRIs.
Intuitive REPORTING & Alerts.
Watchtower provides an aggregated view of risk across the organization with real time alerts, daily summaries, and dashboards. This includes company profiles, policy checklists and historical reports, portfolio activity reports and board level program metrics.
Timely and actionable information is delivered through easily configurable dashboards, creating visibility throughout the organization. Watchtower allows users to create configurable alert criteria and risk policies for your FinTech partners that can be monitored automatically.
FinTech Continuous Monitoring
Fintech Data Scorecard
Leverage the latest Industry Data to Compare 400+ FinTechs to Peers
Fintech Risk Assessment & Monitoring
Assess FinTech risk during onboarding and periodic monitoring thereafter, across 8 Categories, 81 Attributes, 194 Key Risk Indicators
Overall Quantity of Risk and Quality of Risk Management ratings for Business Experience/ Qualifications are determined as weighted averages of ratings at this level
FINTECH RISK Maturity Framework
Thinking about adding or bringing on new FinTech partners, but still managing risk through outdated excel worksheets?Learn more
Learn how SRA can help score your FinTech partners across nine pillars of risk and identify any gaps that need immediate remediation.
WATCHTOWER ENSURES SAFE AND SOUND MANAGEMENT OF FINTECHS
THAT SUPPORT STRATEGIC AND REGULATORY GOALS
Register here for a live demo & discovery session