Mirato’s AI-powered insights generate automated mitigation plans to address issues and deficiencies found during due diligence, periodic reviews, ongoing monitoring, and desktop or on-site control assessments.
This reduces the manual effort and tedious nature of current approaches while improving the quality and consistency of this work product. Mirato mitigation plans are driven by your unique TPRM program, risk appetite, and framework requirements, and include details of all deficiencies, roles, responsibilities, steps, timing, requirements, etc., required to remediate the identified shortcomings.
You can easily view Mirato mitigation plans on-screen, instantly convert them into your company branded and formatted PowerPoint for easier and more effective communication between the relationship manager and the third party, and/or output them to your issue management system to trigger external workflow and progress if desired.