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Global Models VS Keylight Platform

Compare Global Models VS Keylight Platform and see what are their differences

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Global Models logo Global Models

RMS is the world's leading catastrophe risk modeling company. RMS helps financial institutions and public agencies understand, quantify, and manage risk.

Keylight Platform logo Keylight Platform

Keylight Platform is a comprehensive IT asset risk management software for companies of all sizes.
  • Global Models Landing page
    Landing page //
    2023-10-18
  • Keylight Platform Landing page
    Landing page //
    2023-09-02

Global Models features and specs

  • Comprehensive Risk Evaluation
    Global models like those offered by RMS provide detailed insights into catastrophic risks by using a wide range of data. This helps businesses and governments understand potential impacts from various hazards including natural disasters, allowing for better preparation and risk management.
  • Scalability
    RMS global models are designed to be scalable, catering to small businesses and large enterprises alike. This flexibility allows organizations of all sizes to assess risk effectively, adjusting their approach as needed without significant additional investment.
  • Advanced Analytics
    The use of advanced analytics and technology in RMS models, such as AI and machine learning, enables more accurate and updated risk assessments. This enhances decision making by providing insights that are rooted in comprehensive, up-to-date data.
  • Global Applicability
    By covering a wide geographic area, these models allow for comparisons and risk assessments in multiple regions, facilitating global risk management strategies for multinational organizations.

Possible disadvantages of Global Models

  • Complexity
    The complexity and breadth of global models can be overwhelming, especially for organizations that lack specialized personnel trained to fully utilize and interpret the data and insights provided.
  • Cost
    Implementing and maintaining access to comprehensive global models can represent a significant financial investment, potentially limiting accessibility for smaller enterprises or budget-constrained organizations.
  • Data Sensitivity
    Global models depend on data of various natures, which could raise concerns regarding privacy and data security. Managing these concerns necessitates robust data governance frameworks.
  • Dependence on Accurate Data
    The models are only as accurate as the data they use; inaccuracies or gaps in data collection can significantly affect the reliability of the results, necessitating rigorous and continuous data validation.

Keylight Platform features and specs

  • Comprehensive GRC Solution
    Keylight offers a robust suite of governance, risk, and compliance (GRC) management capabilities, allowing organizations to automate and streamline these critical processes.
  • Customization
    The platform provides extensive customization options that enable organizations to tailor the software to their specific needs and integrate with their existing systems.
  • Scalability
    Keylight is designed to scale with organizations, making it suitable for both small businesses and large enterprises.
  • User-Friendly Interface
    The platform features an intuitive and user-friendly interface, which reduces the learning curve and allows users to quickly become proficient in using the tool.
  • Strong Vendor Support
    Keylight is backed by strong vendor support, with resources such as training, customer service, and a knowledge base to assist users in maximizing the platform’s value.

Possible disadvantages of Keylight Platform

  • Cost
    For smaller businesses or organizations with tight budgets, the cost of implementing and maintaining Keylight may be prohibitive.
  • Complexity
    While the platform is highly customizable and feature-rich, this can also make it relatively complex to set up and configure, requiring significant time and expertise.
  • Integration Challenges
    Although integration with other systems is possible, it can be challenging and may require additional resources or support to ensure seamless interoperability.
  • Learning Curve
    Despite its user-friendly interface, the extensive features and customization options can present a learning curve for users who are new to the platform.
  • Periodic Updates
    Regular updates can introduce new features and improvements but may also temporarily disrupt workflows or necessitate additional reconfiguration efforts.

Analysis of Keylight Platform

Overall verdict

  • Overall, the Keylight Platform is considered a strong GRC tool, especially for organizations looking for a scalable and customizable solution. Its strengths lie in its comprehensive feature set and ability to integrate with other systems, which can significantly streamline risk management and compliance processes.

Why this product is good

  • Keylight Platform, previously known as Lockpath, is a well-regarded governance, risk, and compliance (GRC) solution. It is praised for its flexible configuration, user-friendly interface, and robust integration capabilities, which allow organizations to efficiently manage risk and compliance programs. Its comprehensive reporting and analytics tools provide valuable insights into an organization's risk posture, making it a popular choice among various industries.

Recommended for

    The Keylight Platform is recommended for mid-size to large organizations across various industries such as finance, healthcare, and manufacturing, where managing complex risk and compliance requirements is critical. It is especially suitable for organizations seeking to automate and enhance their GRC processes through a centralized platform.

Global Models videos

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Scaling Global Models With Regional Data Strategies And Model Governance

Keylight Platform videos

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Category Popularity

0-100% (relative to Global Models and Keylight Platform)

Global Models

Keylight Platform

Governance, Risk And Compliance
61 61%
Governance, Risk And Compliance
39% 39
Health And Safety
88 88%
Health And Safety
12% 12
Office & Productivity
0 0%
Office & Productivity
100% 100
Risk Management
100 100%
Risk Management
0% 0

User comments

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What are some alternatives?

When comparing Global Models and Keylight Platform, you can also consider the following products

IRIS Intelligence - IRIS Intelligence provides award winning software and ancillary services for managing risk in the enterprise.

ReportServer - In Reporting Services, URLs are used to access the Report Server Web service and the web portal. Before you can use either application, you must configure at least one URL each for the Web service and the web portal.

ZYGHT HSEQ technology - Risk Management

TeamMate+ - Wolters Kluwer audit solutions provide you visibility across the three lines of defense, consistency throughout your workflow, and efficiency for greater risk management.

SAI360 - SAI360’s GRC Software helps organizations seamlessly balance ethics, risk, and compliance with an integrated solution that manages all types of risks while supporting a risk-aware compliance program.

ECAT - ECAT is an audit management solution that serves an array of industries worldwide that have significant auditing needs that allow businesses to conduct an accurate audit.

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