AI TOOL PROFILE
Oxial GRC: Governance, Risk, and Compliance Solutions
- Operations
- Compliance Management
- Enterprise companies
- Banking and financial institutions
- Insurance companies
- Public sector organizations
Pricing
Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
At a glance
- Best for
- Enterprise companies, Banking and financial institutions, Insurance companies, Public sector organizations
- Key use cases
- Regulatory Compliance Tracking, Enterprise Risk Assessment, Audit Workflow Digitization, IT Asset and GDPR Management
- Official website
- Visit oxial grc official website
How AI is used
Oxial is a Governance, Risk, and Compliance (GRC) platform designed to help organizations track and mitigate operational, financial, and IT risks. The software includes modules for audit management, IT security, and GDPR compliance, and can be deployed as a SaaS solution or on-premise.
It is designed for enterprise-level clients, particularly those in the banking, finance, insurance, and public sectors. The platform uses artificial intelligence and machine learning to support risk assessments and reporting, which may help users identify outstanding compliance tasks.
Beyond the software, Oxial offers supervised GRC services where partners provide support with taxonomies, benchmarks, and regulations. Buyers should confirm if the AI-driven analysis fits their specific regulatory requirements and whether they prefer a managed service or a standalone application.
Key Features
Risk Management
Maps potential risks using indicators such as impact, likelihood, thresholds, and consequences.
Compliance Support
Supports the management of regulatory requirements and includes pre-loaded self-assessment questionnaires.
Audit Management
Provides a workflow for audit preparation, execution, analysis, and reporting.
AI-Enhanced Risk Assessment
Uses artificial intelligence and machine learning to analyze risk data and support reporting.
GDPR & IT Security Modules
Dedicated tools for managing information assets, data resources, and IT-related security risks.
Control Monitoring
Tracks business controls, including internal and operational controls across different lines of defense.
Incident & Claim Management
Provides a centralized location to report and manage operational incidents and escalated complaints.
Use Cases
Regulatory Compliance Tracking
Mapping regulations to internal repositories to identify and address outstanding compliance tasks.
Enterprise Risk Assessment
Using AI-enhanced tools to evaluate operational and financial risks across different departments.
Audit Workflow Digitization
Managing the audit process from preparation to final reporting within a digital environment.
IT Asset and GDPR Management
Tracking information assets and hardware to support GDPR security requirements.
FAQ
What is Oxial GRC used for?
- Oxial GRC is used to manage governance, risk, and compliance. It helps organizations track risks, monitor controls, handle audits, and ensure they meet regulatory requirements like GDPR.
Who is the target audience for Oxial GRC?
- The platform is designed for enterprise-level clients, with a focus on the banking, insurance, finance, and public sectors.
Does Oxial GRC use artificial intelligence?
- Yes, the platform incorporates artificial intelligence and machine learning for risk assessment, data analysis, and reporting.
Can Oxial GRC be installed on-premise?
- Yes, while SaaS use is recommended, the platform also supports on-premise deployment.
Source category: Operations
Source subcategory: Compliance Management
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