ProSight Risk Maturity Framework

Self-assessment solutions to help you advance your risk management practices and benchmark against your peers.

ProSight Risk Maturity Framework

Self-assessment solutions for advancing risk management practices and peer benchmarking. 

Measure Your Risk Maturity Level Against Industry Standards and Regulatory Guidance.

As a financial institution, you’re navigating a complex risk landscape, often with limited time and resources. To build a more risk-mature organization, you need a clear view of where you stand today. That means identifying gaps, prioritizing improvements, and aligning your three lines of defense. ProSight Risk Maturity Framework gives you a structured way to do just that.

Our Partnership with SRA Watchtower

The ProSight Risk Maturity Framework, powered by SRA Watchtower, helps you evaluate your risk maturity across nine key pillars. Built through a partnership between SRA Watchtower and the ProSight Mid-Tier Council, the framework supports your efforts to strengthen risk management practices and track measurable improvement, all aligned to your board’s risk appetite.

What Benefits Are Financial Institutions Seeing from the ProSight Risk Maturity Framework?

Single Source of Truth

Use one centralized, structured platform to manage and track your institution’s risk management program.

Promotes Risk Communication

Foster better communication on risk maturity across business lines, boards, and regulatory discussions.

Peer Benchmarking Insights

Compare your institution’s risk management maturity against peer organizations to identify strengths and gaps.

How it Works:

  • You’ll get access to Watchtower to complete a Risk Maturity self-assessment.
  • Answer questions structured around nine risk categories with a total of 45 different attributes.
  • View ratings and determine gaps where improvement can be achieved. 
  • Create risk improvement activities and develop a risk program roadmap. 
  • Monitor and track risk management activities. 
  • Educate the board, and promote conversations on current and future risk maturity. 
  • Inform regulators on risk maturity progress. 
  • Access peer comparatives. 

 

The ProSight Risk Maturity Framework and self-assessment is completed via SRA Watchtower where results can be viewed, shared and readily accessible through downloadable reporting and data visualizations.

"We're starting to really look at the outcomes of the ProSight risk maturity framework to potentially identify which activities we can add to our rolling three-year risk culture roadmap. At the end of each year, we look at what can be added in the next year. And not only just identify those, but also prioritize which ones are important."

Additional Resources

The RMA and SRA Watchtower Cohost Risk Maturity Framework User Group

This collaborative event, open to all RMF product users, focused on the importance of presenting risk data in a digestible format, especially for board-level audiences, and highlighted upcoming product enhancements designed to improve user experience and strategic decision-making. 

Risk Management Hot Topics With Debbie Bianucci, President & CEO, ProSight Financial Association

In the ever-evolving landscape of financial services, risk management stands as a critical pillar safeguarding the integrity and stability of institutions. Recently, the Risk Intel Podcast had the privilege of hosting Debbie Bianucci, the President and CEO of ProSight Financial Association, to delve into key risk management trends in banking.

CROs Discuss Their Approaches to Evaluating Risk Program Maturity

There’s a lot of value to having that assessment and having it all pulled together into one place for the board to understand where the gaps are, what the plan is, and what the priorities are.

Speak to Our Experts About Your Needs and How We Can Help You and Your Institution

Complete the form to view a recorded demo, or to speak to our experts about your needs and supporting your institution.

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Helping Leaders Act With Confidence

Together as ProSight, BAI and RMA offer industry-leading peer sharing & collaboration, thought leadership, learning & development, and decision support solutions.