Environmental Site Assessment Lunch and Learn “Whats Lurking in Those Weeds?”

Please join us at our upcoming Lunch and Learn Seminar covering Environmental Site Assessments and Due Diligence. Subject matter expert Carl Teinert will discuss key issues and regulations related to site preparation and development for the protection of potential buyers and lenders. In the United States, an environmental site assessment services ESA) is a report prepared for a real estate holding that identifies potential or existing environmental contamination liabilities. The ESA addresses both the underlying land as well as physical improvements to the property. Discover the requirements necessary to safeguard your investments. A Professional Development Certificate will be available.

Carl Teinert, PG, CAPM has nearly 40 years of experience protecting clients in the fields of hydrogeology, environmental geology, engineering geology and health and safety which include the investigation, evaluation and assessment of contaminants in the subsurface, and characterization and development of groundwater resources.

Where:
Dos Comales 227 N Water St., Corpus Christi, TX 78401

When:
Oct 18th, 2016 | 11:45 AM to 1:00 PM

360factors offers EHS consulting services on a wide range of professional services including regulatory compliance and permitting (air, water, and waste), site investigation and remediation, environmental and dredge material sampling and evaluation, and health, safety and risk management services. 360factors maintains a staff of experienced key personnel including registered professional engineers, geologists, and health and safety specialists. Its Managed Services incorporate outsourced risk and compliance services using Predict360. The 360factor’s South Texas location is at 5853 Leopard Street Corpus Christi, TX 78408. (361) 299-2664.

Enterprise Risk and Compliance Management Software

Predict360, leverages unique mapping and cognitive computing technologies to provide regulatory insight, predict risks and drive operational excellence

What is Risk Management?

Risk Management is the process of identifying potential risks, analyzing them and controlling the associated risks through determining the risks, what are the ways to reduce those risks, mitigating of risks based on a strategy, implementing all the planned methods of mitigating, and evaluating and monitoring of risk management plan to ensure that controls are applicable and effective. Risk management is vital in an organization’s decision making for the fulfillment of its objectives.

The Challenges

• Due to increasing regulations year after year, the cost of doing business has risen to hundreds of billions forcing organizations to automate their GRC efforts to achieve operational excellence and reduce costs. Costs increase substantially when organizations continue to invest more in human resource rather than GRC software.
• Antiquated governance, risk and compliance tools are ineffective in today’s sea of regulations since they were only architected for rudimentary compliance workflows.

Learn More

Our Solution

Predict360 is an answer to the governance, risk and compliance challenges faced by organizations today. It is an enterprise regulatory risk and compliance software that vertically integrates multiple modules providing management with optimal visibility into all risk and compliance aspects of the organization.

It can be configured to provide industry specific workflows and tools adapting to the needs of functional managers allowing them to manage their day-to-day risk and compliance tasks to increase efficiency, agility, quality, productivity and a culture of excellence.

Predict360 has unique mapping and cognitive technology to provide regulatory insights and predict risks.

Key Features

Predict360 platform suite is a GRC software specializing in Enterprise Risk and Compliance Management. These modules are flexible and adaptable enough to align risk management with business strategy and create industry specific compliance work flows:

• Regulatory Change Management
• Enterprise Risk Management
• Audit Management
• Case Management
• Policy and Procedure Management
• Learning Management System
• Competency Management System
• Certification and Reporting Management
• Performance Management System
• Vendor Management System

Build, manage and maintain GRC software that increases operational excellence, sustainability and margins.

Five steps to managing Enterprise risk management System

Every bank, big or small has mechanisms to gauge and mitigate risk. Generally, each of these mechanism is focused on the specific banking products or services being sold. However, to ensure a complete understanding of the enterprise risk and be able to make decisions from a portfolio angle, it is important to implement a system that is able to aggregate risks from various departments across the institution and present it in a fashion as to allow for appropriate decision making. Here are 5 easy steps to make it happen….

Step 1:

IDENTIFY all the current department focused, product focused risk evaluation mechanisms in place, whether in-house or external services.

Step 2:

DETERMINE inputs to and outputs from each mechanism, be it manual or automated, as well as the periodicity of the exchange of data.

Step 3:

INSTALL Predict360 Risk Modeling product and use the variety of interface possibilities to link the raw output data from each of the mechanisms to Predict360.

Step 4:

CONFIGURE the model, risk heat map, the risk register and the dashboard. Configure the levels of drill down that is appropriate.

Step 5:

ACT on the analytics based on the enterprise view / portfolio view of the risks across the company.

360factors partners with OccWorx to deliver industry leading risk and compliance management solutions.

AUSTIN, March 1st, 2016 – 360factors, Inc., an enterprise risk and compliance management software and services company based in Austin, TX, and OccWorx, LLC, a national health and safety consulting and drug testing firm located in Houston, TX, have formed a partnership to provide integrated Health and Safety regulatory change, compliance and risk management solutions. OccWorx provides industry and subject matter expertise while 360factors offers its award winning cloud based risk software application, Predict360™.

OccWorx is a national Third Party Administrator (TPA) and risk management company offering employer drug and alcohol testing programs. OccWorx provides customizable solutions to ensure cost effective compliance and the fastest turnaround times in the industry. “Predict360 facilitates operational efficiency with automation of regulatory compliance and risk management, filling a growing need in our customer segment. Its capabilities align closely with OccWorx’s core offerings and we are thrilled to integrate Predict360 into our portfolio of solutions,” said OccWorx Managing Partner Will Bonassin.

Predict360 vertically integrates regulations and requirements, policies and procedures, risks and controls, audit and inspections, and on-line training in a single platform. Its enables functional managers and staff to manage their day-to-day risk and compliance activities. “We look forward to growing our relationship with OccWorx and their industry leading solutions for risk and compliance management. With their expertise in delivering innovative, customizable solutions that ensure cost effective risk and compliance we see a natural synergy to working together,” said 360factors Vice President of Marketing John Biebelhausen.

ABOUT 360FACTORS INC

360factors, Inc. (Austin, TX) helps companies improve business performance by reducing risk and ensuring compliance. Predict360, its flagship software product, vertically integrates regulations and requirements, policies and procedures, risks and controls, audit and inspections, and on-line training in a single cloud-based platform. It enables functional managers and staff to manage their day-to-day risk and compliance activities while providing executives visibility into the risk and compliance profile of all its businesses and assets.

Rosengarten, Smith & Associates (RSA – www.rsa-env.com), our EHS consulting services division, offers a wide range of services in regulatory compliance and permitting (air, water, and waste), site investigation and Environmental Remediation and Compliance Services Further information can be found at http://www.360factors.com/.

SOURCE 360factors Inc.
Raza Shahid
PR Marketing Manager
360factors Inc.
raza.shahid@360factors.com
http://www.360factors.com/

Austin Based GRC Software Startup, 360factors appoints Chris Duden as the Chief Operating Officer

AUSTIN – August 12, 2013 – Austin based startup GRC software startup, 360factors, announces Chris Duden as the new acting chief operating officer, taking the helm of the daily operations of the company as its newest, high-ranking executives. With decades of technical and product management experience, Duden is set to take 360factors to the next level of cloud based regulatory compliance management products. In his leadership role at 360factors, he will responsible for the GRC Software, regulatory change management product strategy, engineering, client services and channel development.

Previously, Duden acted as chief operating officer of Citation Technologies, Inc., a leading provider of cloud-based, global, SAAS and EH&S solutions prior to selling its flagship product, CyberRegs, to IHS. Additionally, Duden acted as chief technology officer and then later, president, of Net Fusion Services. Net Fusion Services provides software development services, managed services, data center solutions, network operation center services with a specialization in business continuity, disaster recovery and private-to-cloud migration solutions for Fortune 1000 companies.

Duden built Net Fusion Services from the ground up, growing the company from a single customer and three employees into a key regional Microsoft Gold Certified partner with over fifty customers and thirty-five employees. He then later oversaw the merger and integration of a local network services company adding managed services as an additional line of business. Duden also serves on the Board of Directors for Big Lake Software, a professional services company specializing in Embedded Linux.

Prior roles include development architecture at InfoImage (an enterprise portal software company) and Baker & McKenzie (the world’s largest corporate law firm), as well as development roles with various other reputable companies including GE. When asked about the expectations of the new executive addition to 360factors, CEO, Ed Sattar says, “Chris has an incredible track record in operationally running a GRC software and regulatory compliance content aggregation company and saw it through a successful exit. He has incredible depth and breadth with respect to GRC software product management, effective leadership and building an exemplary customer centric culture company. We are thrilled to have him onboard.”

ROI on Regulatory Compliance Software

Few years back, many times, compliance managers used to create compliance checklist to achieve weekly/monthly/quarterly goals filling out spreadsheet after spreadsheet and digging deeper into a limbo of traditional compliance governance issues (This is still the way to compliance in many offshore operators). I call this a disaster of epic proportions, as this simply covers immediate training needs leaving companies in a state of vulnerability, for the critical aspect of Risk Management and Assessment.

Why Consult a Regulatory Expert?

When it comes to serious business matters, one cannot rely strictly on friends and family for advice. It is always a good idea to seek an unbiased and well-informed expert consultation.

In business, we are often faced with defining moments or turning points, when the decisions we make can either make it or break it. At times like these, it is best to seek out the advice of an expert who has the experience and subject matter expertise required to answer all the questions that you have been puzzling over. An expert will be able to help you piece together all the information that is available to you so as to help you achieve the results you desire.

When it comes to financial concerns, a financial expert can help you make investment decisions that are most likely to be profitable for you and your business. Similarly, expert advice is required in the GRC software  space since regulations and standards are always changing, and the results of a poor decision may range from fines and penalties to a highly damaging impact on the reputation and revenue of your business.

Further reasons to consult an industry expert are:

• To make advantageous business decisions despite constrains and limitations
• To mitigate risks especially in the face of uncertainty and change
• To avoid confusions, double-think and making misinformed decisions

If you would like to consult an expert for your Regulatory Change Management Software needs, you can contact us at: http://www.360factors.com/contact-us/

How can we help?

360factors, Inc. helps companies improve business performance by reducing risk and ensuring compliance. Predict360, its flagship software product, vertically integrates regulations and requirements, policies and procedures, risks and controls, audit and inspections, and on-line training and qualifications, in a single cloud-based platform. 360factors also offers consulting services in the areas of air, water, and waste permitting and compliance, site investigation and remediation, environmental and dredge material sampling and evaluation, engineering and geology, expert testimony, health and safety, and operational risk management.  Its Managed Services incorporate outsourced risk and compliance services using Predict360.

An EHS management system that is well conceived and implemented can provide many benefits to an organization, including regulatory compliance, minimizing operational risks and liabilities, improving corporate image, meeting customer demands, and achieving competitive advantages.

With a wealth of options from multiple vendors, including mobile capabilities, intuitive user interfaces and powerful analytical tools, how does an organization identify the best capabilities and most appropriate overall solution? By moving to newer, integrated technology, clients can better manage compliance schedules and deadlines, track performance against sustainability goals, and report metrics and trends across their organization.

Key considerations which should go into this process includes:

• Recognize the need for change.
• Understand business requirements.
• Engage with key stakeholders.
• Convert needs to requirements
• Take action

It’s important that companies obtain a comprehensive view to develop a successful EHS program, enabling them to make significant progress on lowering occupational EHS and business risks, ensuring regulatory compliance, and enhancing their reputation.

How can we help?

360factors’ cloud-based Enterprise Risk and Compliance Management technology platform, Predict360 uses unique mapping and cognitive computing technologies to provide regulatory insight, predict risks and drive operational excellence through its automated EHS management software module.

360factors’ offers EHS consulting through its professional services consultants (RSA – www.rsa-env.com). RSA offers a wide range of professional services in regulatory compliance and permitting (air, water, and waste), site investigation and remediation, environmental and dredge material sampling and evaluation, and health, safety and risk management services. RSA maintains a staff of experienced key personnel including registered professional engineers, geologists, and health and Safety Management Software specialists.

What is Anonymous Hotline Reporting Software?

A reporting hotline allows employees to discreetly inform relevant management about unethical activities that were observed in the organization. Unethical activities include financial improprieties, sexual harassment, discriminatory practices, bullying or intimidation and conflict of interest just to name a few. A comprehensive ethics, risk and compliance program allows organizations to discover compliance issues through anonymous reporting and subsequently avoid legal liabilities and reputational risk by taking necessary corrective and preventive actions.

The Challenges

• Critical to a comprehensive ethics, risk and compliance program is a solution that allows organizations to discover compliance issues through anonymous reporting and to be prepared to take the necessary corrective and preventive actions immediately, avoid legal liabilities and subsequent reputational risk.
• Complying with the Foreign Corrupt Practices Act (FCPA), SOX and other regulations requires a proactive defense mechanism to detect and act on probable violation issues.
• Companies run the risk of losing millions in fines for violations and noncompliance on top of the reputational fallout that comes with corporate scandals.

Learn More

Our Solution

Predict360’s Anonymous Hotline Reporting Software provides prompt and valuable insight into potential risks and danger of violations of policies, procedures, and controls resulting in noncompliance and that can impact a company’s profits and reputation. Gain access to integrated reporting and communication tools to elevate accountability and achieve a risk-based culture within the organization.

It is an integrated ethics, risk and compliance solution that is built on cognitive technology that allows pattern recognition and artificial intelligence techniques that enable organizations to detect, predict risks and respond to targeted issues to ensure regulatory compliance, operational excellence, and an ethical workforce.

Key Features

• Provides a single centralized data repository for ethics, risk and compliance management including processes and controls.
• Facilitates collection of incident data assesses risk and follow-up recommended actions.
• Graphical dashboards, tracking of process ownership, risk assessment, risk analysis and remediation plan.

Learn More

Four Steps for successful Anonymous Hotline Reporting:

Step One: Demonstrate Trustworthiness

Create a corporate culture based on respect of individuals, processes and company values by consistently acknowledging and rewarding ethical behavior. Employees are more likely to report misconduct in a culture that is known to value ethical behavior.

Step two: Give options for coming forward

In order to encourage employees to report misconduct before the company faces any financial or reputational consequences is to give employees a number of methods to communicate their concerns e.g. via email, in person, telephone, dropping a brief memo in a drop box at the reception.

Step Three: Maintain a clear escalation and dissemination path

Based on the severity of the issue reported and in accordance with a predetermined criteria, compliance officers should identify if the reported issue requires immediate action (i.e. within 24 hours) or if the matter can be attended to alongside other regular business operations.

Step Four: Single Hotline

Irrespective of the mediums employed (e.g. email, telephone etc.) having a single point of contact as a general ethics and compliance hotline allows companies to create awareness and promote the hotline more effectively and get an increased response from employees.

Bank Regulatory Change Management Automation

360factors Inc. today announced that it is partnering with BlueScape Environmental (BlueScape) to offer integrated Environmental Health and Safety Management Software (EHS) regulatory change and compliance management services, powered by its Predict360™ software.

Incident Management Software

Predict360’s Incident Management Software enables organizations to collect, store and track and collaborate on compliance-related incidents. It has a built-in investigation feature that is mapped back to the incident, streamlining your corrective and preventive actions (CAPA). It is a comprehensive solution that will streamline an organization’s ability to track CAPA through managing a wide range of incidents and issues with configurable workflows and forms. Examples include fraud hotline tips, workplace investigations and quality management, incident management and task management, whistleblowing and legal.

Predict360’s Incident Management Software is licensable as a standalone web-based application or as part of a vertically integrated solution which includes regulations and requirements, policies and procedures, risks and controls, audit and inspections, and on-line training and qualifications.

Key Features

Predict360 modules are flexible and adaptable enough to align risk management with business strategy and create industry specific compliance workflows:

• Ability to assign tasks, track and catalog operational risk through task management.
• Respond to incidents in a timely manner through reminders and escalations sent directly to your email.

• Track the status of incident investigations at multiple sites.
• Customizable workflow engine for unique workflow processes for different types of incidents with easy-to-use submission forms and automated alerts.
• Key Performance Indicators (KPI) dashboards and reporting are driven by assigned priority, impact, urgency, type and category, parties involved, and business unit\organization area.
• Ability to link incident investigations to applicable regulations, standards and business requirements providing evidence of compliance and supporting an “audit ready” state.

360factors becomes Associate Member of Texas Bankers Association to provide compliance management software services to Texas Banks

Austin-based Risk and Compliance management Software Company 360factors developed a software solution that is cloud-based, simple and cost-effective to meet the compliance needs of small and medium-sized banks. Once considered cost prohibitive and restricted to large banks, 360factors makes this innovative technology available to small and mid-sized banks as a competitive differentiator. Joining the Texas Bankers Association (TBA) is an affirmation of its roots in Texas and the drive to reduce risks for Texas-based banks.

360factors CEO Ed Sattar said, “I have been in Texas for the last 25 years. And having started several businesses, I want to continue to serve the community in Texas in any way I can. 360factors and its compliance product is yet another way to ensure that Texas banks can weather the unpredictable winds of regulations, and succeed. Working with the TBA is a no-brainer as they are the premier leadership organization and principal advocate for all Texas Banks.”

Since 1885, the Texas Bankers Association has been working to create a dynamic and profitable environment for Texas banks. This environment has provided a healthy atmosphere for the industry as well as resources and services to benefit bank employees.

About 360Factors:

360factors is a cloud-based Regulatory Risk and Compliance Management Software Company specializing in Oil & Gas and Banking & Financial Services industries. 360factors’ platform, Predict360 uses unique mapping and cognitive technologies to provide regulatory insight, predict risks and increase sustainability and margins. It helps break down silos, overlapping costs through multiple tools and improves operational excellence, visibility to risk and quality data that executives can use to make timely decisions. In addition, it provides functional compliance managers with an out-of-the-box solution that has industry specific regulations or standards, workflows, and policy & procedure templates so they can perform their day-to-day regulatory and operational risk compliance tasks at a functional department level.

Media Contact:

Ameyra Rosales
ameyra.rosales@360factors.com
866-385-2341

Why Banks Should Implement an Integrated Risk, Information, Compliance and Audit Management System

The Challenge

A challenge for the for the Banks Risk, Compliance and Audit Professionals

·         In the banking and financial services industry, calculated risks have to be taken every day to run an organization, but most banks fail to monitor and manage risk effectively because they fail to implement systems to get a federated view of the risk. A cavalier and silo approach to risk-taking is a result of a poorly defined leadership and risk culture. It results in disaster, regulatory scrutiny, demise of organization and can potentially become a case study for future generations to come on how poor risk management leads to the demise of corporations.

·         Although a long-standing industry problem, many banking and financial institutions continue to struggle with improving their risk data aggregation, systems and reporting capabilities. Banking organizations are struggling to comply with cross border regulations such as Basel, CFPB, OCC, FDIC SEC and pressured due to lack of confidence in their ability to produce accurate risk and compliance data on demand.

·         In a typical bank, risk and compliance monitoring is primarily geared towards programmatic metrics such as: exam violations, policy & procedure management, MRAs, and training exceptions etc. They use multiple platforms and adopt a silo approach further cementing the silo culture which can be driven through either having legacy systems, lack of awareness of the integrated GRC tools or in some cases driven by “egos of being resistance to change”.

·         For some banking organizations, risk and compliance management is only an expanded view of routine financial controls and is nothing more identifying internal controls with some heat maps and ability to pull some reports – that does NOT truly provide an enterprise view of risk. Risk is pervasive throughout the entire organization. There are variety of departments that manage risk and compliance with various tools, models, varying taxonomies, with different frameworks in how risk should be measured at a functional level that continues for the organization to be exposed to regulatory scrutiny and a workforce that always seems to be in firefighting mode.

The Solution

·         These days, considering how advanced technology is, banking organizations can easily implement an integrated Governance, Risk, Information, Compliance and Audit Management Software (GRICA) system based on artificial intelligence which is a big data approach to GRICA. It can automate several risk and compliance process flows such as:

o     

o    Automate the regulatory change management with alerts and tasks

o    Enable mapping of regulations and standards to internal and financial controls

o    Map risk to company & department goals,

o    Take in external data feeds from other internal systems such as credit risk, liquidity systems and create concept maps between credit, liquidity risk data to operational risk data at the asset level which can give you a view of where all the risks interrelate and provide enterprise risk view through a single platform

o    Automate efficacy and effectiveness of internal controls, which is tedious, and manual process requiring an army of people.

We offer the following solutions to Banks:

·         Automated Action Plans When Policy & Regulation Changes Using Artificial Intelligence (AI)

·         Large Bank to Automate Efficacy of Internal Controls through Artificial Intelligence

·         Bank to Map Operational Risk Data with Financial Risk Data to Get Better Risk Monitoring

·         Bank Regulatory Change Management Automation

·         Banking GRC Business Intelligence Platform

360factors Successfully Completes Environmental Site Assessment Seminar in Portland, Texas

Austin, Texas March 29th 2016 – 360factors, Inc., a leading cloud-based Enterprise Risk and Compliance Management technology and services company announced today the successful completion of its recent Environmental Site Assessment Services Lunch and Learn Seminar hosted at the Portland, Texas Chamber of Commerce. The event included subject matter experts from 360factors and a range of professionals who attended from Portland and Corpus Christ, Texas. Environmental site assessments and due diligence primarily focus on key issues and regulations related to site preparation and development for the protection of potential buyers and lenders. In the United States, an environmental site assessment (ESA) is a report prepared for a real estate holding that identifies potential or existing environmental contamination liabilities. The ESA addresses both the underlying land as well as physical improvements to the property.

” The goal of 360factors in completing an environmental site assessment (ESA) is to help clients understand the risks completely in a clear and unambiguous manner. Our experts can perform an environmental site assessment that will alert them to any potential environmental risks in a timely manner, thus freeing them to concentrate on the financial and business aspects of the associated transaction, ” said 360factors Vice President of Marketing John Biebelhausen.

360factors Environmental Consultants provide an array of services that encompass environmental regulation compliance involving hazardous waste facility permitting and closures, soil and groundwater investigations, source and ambient air monitoring, air emission permitting, petroleum storage tank (PST) investigations, and environmental site assessments. Our team is your solution to cost-effective environmental consulting to assist your company in regulatory compliance with a wide range of professional services in risk management, environmental investigation, regulatory reporting, and remediation of hazardous waste and toxic substances.

For more information on 360factors and its Environmental Health and Safety Consultants visit us athttp://www.360factors.com/.

ABOUT 360FACTORS INC

360factors, Inc. (Austin, TX) helps companies improve business performance by reducing risk and ensuring compliance. Predict360, its flagship software product, vertically integrates regulations and requirements, policies and procedures, risks and controls, audit and inspections, and on-line training in a single cloud-based platform. It enables functional managers and staff to manage their day-to-day risk and compliance activities while providing executives visibility into the risk and compliance profile of all its businesses and assets.

Rosengarten, Smith & Associates (RSA – www.rsa-env.com), our EHS consulting services division, offers a wide range of services in regulatory compliance and permitting (air, water, and waste), site investigation and remediation, environmental and dredge material sampling and evaluation, and health, safety and risk management services. RSA maintains a staff of experienced key personnel including registered professional engineers, geologists, and health & safety specialists. For over 26 years, RSA has completed projects in 38 states across the United States and in four other countries for Fortune 500 companies, lending institutions, and small businesses.

Further information can be found at http://www.360factors.com/.

SOURCE 360factors Inc.
Raza Shahid
PR Marketing Manager
360factors Inc.
raza.shahid@360factors.com
http://www.360factors.com/

Set the risk management foundation with Enterprise risk management software.

Predict360 enables organizations to identify, quantify, monitor, and manage risk enterprise-wide. It accesses the environmental, financial, legal, reputation, and safety impact and likelihood of a risk at the business unit level. An organization then aggregates the risk to access at an enterprise level. It integrates internal controls, such as training, policies and procedures, and tasking, with risk. Predict360 provides a fully-integrated ERM solution, which facilitates organizations to minimize risk and make strategic decisions.

Predict360’s configurable enterprise risk management software that enables organizations to better manage risks related to these functions by tying the activities of risk mitigation back to the standards, regulations and business requirements that drive them.

Predict360 is licensable as a standalone web-based application or as part of an integrated regulatory change management, audit, incident, policy, procedures, competency and learning management solution.