Product Risk Governance
Product and Service Risk Governance. From Submission to Registry.
A platform for structured product and service risk governance -- covering submission, risk driver evaluation, committee approval, product registry, and lifecycle monitoring. Includes an integrated AI-powered pre-submission risk analysis module.
Regulatory Obligations
What the regulation requires. What we deliver.
Internal governance sign-off
Board or delegated committee approves the new product concept. Risk management, compliance, and internal audit must all be formally involved in the decision.
End-to-End Lifecycle in a Single Platform
The ONFR Workflow enforces the complete governance process — from initial submission through committee decision and into ongoing monitoring — with no manual coordination or spreadsheet reconstruction.
Risk assessment
Assess all material risks to the identified target market: credit, market, liquidity, operational, conduct, AML/CFT exposure, climate and ESG factors.
Regulatory Framework Cluster Selection
The AI Risk Assessment Advisor detects the product type and applies the relevant regulatory framework cluster — including EBA/GL/2023/02, GDPR Art.35, and 4AMLD/5AMLD — automatically.
Ongoing monitoring & review
Products involving systematic processing of personal data require a DPIA. Completeness and consistency of DPIA declarations must be verifiable during supervisory review.
Completeness Audit Before Submission
The AI Advisor flags DPIA inconsistencies — including cases where data processing is declared but DPIA is marked 'Not Required' — before the submission enters the formal governance workflow.
Audit Trail Requirements
Supervisors expect a complete, reconstructible record of every governance decision — who scored what, when, on what basis, and with what outcome.
Nothing Reconstructed After the Fact
Every score, condition, override, and committee decision is permanently logged with user attribution and timestamp. The full trail is available for ECB Joint Supervisory Team or ΤτΕ inspection at any point.
Platform
Two Layer Platform
LAYER 01
PRG Workflow
Continuous audit of every process step against regulatory requirements.
LAYER 02
AI Risk Assessment Advisor
Continuous audit of every process step against regulatory requirements.
All layers run on Microsoft Power Platform within your existing Microsoft 365 tenant. No new infrastructure. No additional licensing.
Bring structure to your product risk governance.
Talk to us about how the platform supports your institution's product approval and monitoring requirements.