Strunk Solution Fall 2020 Features
With Strunk’s most recent release, clients can now utilize new features in Risk Assessor, Policy Manager, Controls Manager, Vendor Manager, Skills Manager and ODP Manager. We’ve been busy!
Risk Assessor now provides the ability to pull multiple bank UBPR Data into one single risk assessment. This will simplify assessments for multi-bank holding companies.
Criteria based auto assignment for reader and editor groups is now available in Policy Manager. Users are able to assign specific documents based on physical location or job title, where assignment of a set of policies and procedures could dynamically change based on these rules. We have also adjusted the way the policy acknowledgement is assigned. Admin users have the ability to request that users read a policy at a configurable number of days in the event that a policy is updated throughout the year, rather than just every 365 days. Users will be notified of necessary policies to review via email.
Controls Manager now supports notification of the group owner rather than simply the control owner. Alerts will be triggered any time a significant change or update is made to a control.
Clients will be excited to see the improvements to Vendor Manager reporting. Users can sort by a customized list of vendor types, vendor risk level and renewal year within all summary reports. Reports will also include whether or not the vendor survey has been completed and if not, what the current status is.
Skills Manager exams have historically been comprised of multiple choice or true false questions. We now support the option to have an open ended comment for specified questions.
Lastly, ODP Manager provides the ability to mark old status codes as inactive or deleted so they no longer show on reports, such as the Status Tracking Report.
If you would like more information on any of Strunk’s new features or products, please contact us at 800.728.3116 or support@strunklp.com.
