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Description

Justify your cybersecurity expenditure and enhance your budget management by comprehending the financial implications of each cyber threat on your overall exposure. By gaining insight into your actual financial vulnerability related to cyber risks, you can establish your risk tolerance and make well-informed decisions on how to transfer or mitigate those risks effectively. Assess the financial risks linked to each third-party entity, whether they are currently engaged or potential partners, and with this knowledge, you can safeguard and manage your vital supply chain more efficiently. Our database expands daily by over 100,000 companies, allowing us to create the most extensive modeled overview of cyber risks available. The platform not only provides a comparison of your standing within your industry against competitors but also offers the ability to customize your peer group for deeper insights. Originating from the insurance sector, we assist some of the largest insurers in the world in evaluating risk levels and their financial repercussions across various industries and business types. This comprehensive approach ensures that your organization is not only aware of its vulnerabilities but is also equipped to take proactive measures in risk management strategies.

Description

A comprehensive risk management solution tailored for executing the sophisticated analyses essential for mastering your risk landscape. Gain clarity on your potential loss exposure from severe events both in the present and the future. Increasingly, organizations are opting for Touchstone® as their go-to platform for extreme event risk modeling, as it addresses the growing demands for enhanced performance, transparency, and adaptability. Transition seamlessly from data collection to actionable insights with unprecedented efficiency. Touchstone facilitates near real-time decision-making, providing the insights you need rather than just an overwhelming amount of data. Minimize the time spent on waiting for information. By consolidating both internal and external perspectives on risk within a single comprehensive platform, Touchstone enhances business agility and fosters innovation. Additionally, it empowers you with the adaptability to incorporate your unique claims experience, apply assumptions drawn from your internal studies, or conduct sensitivity analyses by adjusting loss parameters related to extreme events based on geography, event specifics, primary exposure traits, and more. With Touchstone, you can confidently navigate the complexities of risk management and drive strategic decisions effectively.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Corax

Country

United Kingdom

Website

www.coraxcyber.com

Vendor Details

Company Name

Verisk

Founded

1971

Country

United States

Website

www.air-worldwide.com/software-solutions/Touchstone/

Product Features

Financial Risk Management

Compliance Management Yes 
Credit Risk Management No 
For Hedge Funds Yes 
Liquidity Analysis No 
Loan Portfolio Management No 
Market Risk Management No 
Operational Risk Management No 
Portfolio Management No 
Portfolio Modeling No 
Risk Analytics Benchmarks No 
Stress Tests No 
Value At Risk Calculation Yes 

Network Security

Access Control No 
Analytics / Reporting No 
Compliance Reporting No 
Firewalls No 
Internet Usage Monitoring No 
Intrusion Detection System No 
Threat Response No 
VPN No 
Vulnerability Scanning No 

Risk Management

Alerts/Notifications No 
Auditing No 
Business Process Control No 
Compliance Management Yes 
Corrective Actions (CAPA) No 
Dashboard Yes 
Exceptions Management No 
IT Risk Management No 
Internal Controls Management No 
Legal Risk Management No 
Mobile Access No 
Operational Risk Management No 
Predictive Analytics No 
Reputation Risk Management No 
Response Management No 
Risk Assessment Yes 

Product Features

Risk Management

Alerts/Notifications No 
Auditing Yes 
Business Process Control Yes 
Compliance Management No 
Corrective Actions (CAPA) No 
Dashboard Yes 
Exceptions Management No 
IT Risk Management No 
Internal Controls Management No 
Legal Risk Management No 
Mobile Access No 
Operational Risk Management No 
Predictive Analytics No 
Reputation Risk Management No 
Response Management No 
Risk Assessment Yes 

Alternatives

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