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Industry challenges

Financial services organizations operate in a highly regulated, monitored and reported-on arena, which is compounded when operating across multiple jurisdictions. Understanding their ever-evolving compliance obligations is only the first step; being compliant and maintaining compliance is critical. Otherwise, they face huge fines and potential closure. In some cases, they have to be able to prove compliance in a matter of twenty-four hours.

Our solution

6clicks empowers financial service organizations to identify, understand and meet their complex web of compliance requirements across different jurisdictions, build out robust and actionable control sets, manage risk across their entire business and prove compliance, no matter how stringent the regulator. What's more, our unique and flexible Hub & Spoke architecture provides the perfect integrated solution for segregating jurisdictions, services and GRC use cases, ensuring alignment with how you do business. 

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Better manage risk and compliance

Auditing across multiple teams

Static audit report and document generation

Consolidated reporting across teams

End-to-end vendor risk management

Managing multiple GRC programs and use cases

Control, policy and compliance management

Pain

Sending and responding to audits across teams using email and spreadsheets

Using email and spreadsheets for audit processes presents challenges such as version control issues, limited collaboration, data security concerns, the lack of audit trail, potential data entry errors, resource intensiveness, and overall inefficiency. 

Auditing across multiple teams

Solution

6clicks streamlines the audit processes across your teams, from planning to remediation. It offers a simple approach to sending and responding to assessments and audits, robust audit trails, benchmarking, status management, collaboration, and comprehensive reporting. The audit and assessment module is also tightly integrated with our risk and issues modules to streamline remediation, significantly reducing inefficiencies and pain points associated with spreadsheets, emails and highly repetitive manual processes.

Pain

Cut and pasting from spreadsheets to documents to create static reports

Manually copying data from various spreadsheets and word documents when running an audit or assessment to produce static reports is extremely time-consuming, error prone and inefficient. 

Static audit report and document generation

Solution

By utilizing 6clicks' report generator, you can automate the creation of audit and assessment reports, saving significant time and reducing manual effort. Define audit report templates, everything from layout to style, integrate data sources and automate data retrieval, streamlining the entire audit report creation process and ensuring best practice and repeatability every time.

Pain

Trying to consolidate reports from dozens of spreadsheets and emails

Collecting data from dozens of spreadsheets and emails to create reports is arduous, repetitive and time-consuming. This process involves sifting through a multitude of files and communications, and given the lack of automation, often resulting in inefficiencies, data inaccuracies, version control problems, and inconsistencies. Such methods are prone to errors, delays, and the risk of overlooking critical information, hindering accurate data analysis, strategic decision-making and the ability to prove compliance. 

Consolidated reporting across teams

Solution

6clicks' powerful reporting and analytics capabilities offer an efficient solution for consolidating reports from numerous spreadsheets and emails. It centralizes and automates combining data and documents from various GRC activities from single or multiple teams and standardizes reporting, ensuring accuracy and consistency. Gain valuable data-driven decision-making insights and prove compliance, all while enhancing team members' collaboration.

Pain

Managing the full lifecycle of vendor risk at scale

Onboarding and assessing vendors are extremely time consuming and repetitive process that rely heavily on spreadsheets, word documents and emails. What's more running remediation activities post assessment requires to continual liaising with vendors vis email without proper and centralized audit logs. Lastly, it's extremely challenging to report across vendors when assessments and related remediation activities are fragmented.

End-to-end vendor risk management

Solution

6clicks is built for end-to-end vendor management, including onboarding, automated assessments, comprehensive risk and issue management capability for remediation and powerful and flexible reporting that provides aggregate vendor reporting.

Pain

Managing and reporting on distributed GRC programs and use cases across departments, teams and markets

Highly regulated and distributed organizations struggle to run distributed GRC programs and use cases across departments, teams and markets where separation and autonomy is paramount while maintaining a level of central control to ensure oversight, enforce best practice, coordinate and align content and drive aggregate reporting.

Managing multiple GRC programs and use cases

Solution

6clicks' unique Hub & Spoke architecture provides a centralized risk and compliance function that spans distributed GRC programs and use cases across departments, teams and markets. The Hub makes it possible to define risk and compliance best-practice and content centrally, which is 'pushed down' to spokes (GRC programs, departments, teams and markets) that utilize the full suite of 6clicks GRC modules for day-to-day activities. Consolidated reporting and analytics are rolled up at the Hub level, giving the organization comprehensive reporting and insights across all Spokes.

Pain

Managing the full lifecycle of controls and policies and ensuring compliance at scale

Managing controls and policies is inefficient due to rapid regulatory changes, the labor-intensive process of developing and implementing high-quality controls, and the lack of a unified system. This disorganization results in redundant efforts, poor adherence, compliance gaps, and difficult audits, primarily when outdated controls go unchecked.

Control, policy and compliance management

Solution

6clicks streamlines control and policy management with an all-in-one solution. Its features include a Content Library for turn-key compliance obligations and controls, an AI-enhanced controls builder, and actionable control task creation and linkages. The system simplifies evidence gathering for control effectiveness, and auto-maps controls to compliance needs, leveraging our AI engine and eliminating manual mapping. Integrated audit modules and a Trust Portal make auditing, sharing with stakeholders and proving compliance easy.

So why choose 6clicks?

Traditional GRC

6clicks

Deployment

Monolithic software

Everyone battles and creates a mess in the same system

Multi-tenanted

We pioneered connected, multi-team GRC; it’s called Hub & Spoke

Artificial intelligence

Superficial at best

Jumping on the bandwagon

First AI engine built for GRC

We started building in 2019 and continue to innovate

Content

No

Priced separately or BYO

All included

100’s of standards, laws and regulations, risk libraries, audit templates and more

Implementation & support

Time and rate billing

Pay per hour or day

Included and predictable

From implementation to support for your success, we’re there every step of the way

Advisor enabled

After thought

Like fitting a square peg into a round hole

The perfect fit

Embed your own IP, apply branding and scale with your clients

Pricing

Highly complex

Pay per module, user, vendor, etc.

Simple: unlimited everything

Just pay per spoke

Pricing

6clicks is built for financial services entities, uniquely aligning with their structural and operational needs while forgoing the complex pricing models of our peers. We take a unique pricing approach, focusing on the required number of teams—representing departments, jurisdictions, products or services—rather than the number of users, modules or use cases.

Our Enterprise license is ideal for financial services firms requiring multiple teams, leveraging our unique Hub & Spoke architecture. Each team operates their GRC activities from a dedicated Spoke, ensuring data and operational separation with unrestricted access to modules, users, content, and a powerful AI engine, all connected to a central Hub for centralized administration, content management, and aggregate reporting.

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