Risk Management Platform Protecht.ERM Features InetSoft Powered Analytics and Reporting

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Biggest benefits of integration include self-service analytics and data mashup

We can tell how excited our users are to no longer have to go through IT"

InetSoft Technology, a pioneer in data intelligence, analytics, and reporting, has announced that risk management analytics provider Protecht has seamlessly integrated InetSoft Style Intelligence into their Enterprise Risk Management system, for self-service reporting and data manipulation.

Founded in 1999 by some of the most accomplished risk professionals in the industry, Protecht delivers training, advisory, and software solutions that intensify the risk management focus and discipline of corporations and government departments alike. Their services are ideal for any organization that needs to not only build and streamline a practical risk management framework that encompasses risk mitigation and compliance, but also address the risk management expectations of both upper management and external regulatory agencies.

Protecht.ERM accommodates an organization’s existing risk assessment methodology and enables them to link back to their central risk event and control libraries. It allows risks to be assessed across multiple departments within the organization and aggregated through reporting. Protecht.ERM features a risk management and compliance database system which has been integrated seamlessly with InetSoft’s Style Intelligence, all accessed through an easy to use online customer portal.

InetSoft’s user and role based permission system enables Protecht.ERM to provide individual users with a unique view when they log in to the Protecht website. The user sees only the type of information that’s relevant to their job role, such as compliance obligations, what their key risk indicators or KPIs are, how many actions they have outstanding, or anything else related to their risk management duties.

Style Intelligence is integrated seamlessly with Protecht’s risk management database, providing dashboarding and data manipulation functionality while being completely invisible to Protecht’s customers. Users input risk management data into entry forms (which they may create themselves) and any of the data inputted may be incorporated into InetSoft powered dashboards and paginated reports. These dashboards contain hyperlinks going back to the form entry system, so that case statuses may be modified after observing analytics.

Protecht.ERM comes with a suite of pre-built dashboards and paginated reports powered by InetSoft’s application that are designed to cover common risk management needs. These dashboards are used for risk analytics, and each is linked to a properly formatted report, ready to be sent to regulatory agencies or the board of directors. InetSoft’s robust self-service functionality allows Protecht.ERM users the freedom to alter these dashboards and reports to their needs, or even build fresh ones from scratch. This level of self-service extends even beyond the dashboard or report level. End-users can use the InetSoft data worksheet to do their own data mashups and add conditions and calculations to risk management data as it’s coming into the dashboard or report. These are functions that would normally require an in-depth knowledge of SQL to perform.

“The beauty of this is that even users who are not tech savvy can learn what data tables they want to use and drag them onto a data worksheet,” exclaims April Pethybridge, Information Architect at Protecht. “When we demo the product, we can tell how excited our users are to no longer have to go through IT for dashboard or data modifications.”

“InetSoft is leading the way on self-service data manipulation,” expresses Mark Flaherty, Chief Marketing Officer at InetSoft. “As our partner Protecht’s end-user experiences attest, with a few clicks of a mouse, live data can easily be transformed, massaged, and mashed up saving so much IT or specialist time and resources that alternative, inflexibile data management and BI technologies still require. We like to say we are empowering citizen developers in today’s information-driven business world. .”

InetSoft's Style Intelligence is a data intelligence platform. At its foundation is a powerful data mashup engine that enables fast and flexible transformation of data from disparate sources, which can either supplement or obviate a data warehouse solution. At the development level, a unified interface allows for easy and advanced data manipulation and design of interactive dashboards, visual analyses, and published reporting. At the consumption level, self-service is maximized for a range of users, from casual business or consumer-type browsers, to power users and data scientists. As a cloud-ready, fully scalable enterprise-grade platform with granular security, multi-tenancy support, and multiple integration points, it serves both enterprises and solution providers. In either environment, ease of deployment and ease of use are chief development principles that help lower the time investment and total cost of ownership - and make the solution attractive to organizations of any size, with or without BI expertise.

About InetSoft

Since 1996, InetSoft has been delivering easy, agile, and robust business intelligence software that makes it possible for organizations and solution providers of all sizes to deploy or embed full-featured business intelligence solutions. Application highlights include visually-compelling and interactive dashboards that ensure greater end-user adoption, plus pixel-perfect report generation, scheduling, and bursting. InetSoft's patent pending Data Block technology enables productive reuse of queries and a unique capability for end-user defined data mashup. This capability, combined with efficient information access enabled by InetSoft's visual analysis technologies, allows a maximum degree of self-service that benefits the average business user, the IT administrator, and the developer. InetSoft solutions have been deployed at over 3,000 organizations worldwide, including 25% of Fortune 500 companies, spanning all types of industries.

About Protecht

Founded in 1999 by some of the most accomplished risk professionals in the industry, Protecht delivers training, advisory, and software solutions that intensify the risk management focus and discipline of corporations and government departments alike. Their services are ideal for any organization that needs to not only build and streamline a practical risk management framework that encompasses risk mitigation and compliance, but also address the risk management expectations of both upper management and external regulatory agencies. Protecht.ERM accommodates an organization’s existing risk assessment methodology and enables them to link back to their central risk event and control libraries. It allows risks to be assessed across multiple departments within the organization and aggregated through reporting.

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Mark Flaherty
InetSoft
+1 (732) 424-0400 Ext: 936
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