Helped with policies, procedures, and monitoring. Helped get thru many exams.
Pros
Ease of use is a big factor. The software upgrades have been very useful. And with each upgrade, they issue detailed instructions on how the upgrade works and what steps to implement the upgrade. I also greatly appreciate the webinars. They are very responsive to the users.
Cons
Not really much that I can think of. We use all modules in the software. I have even had examiners brag on the software, which never happens.
Rating breakdown
Likelihood to recommend: 10/10
Pros
We utilize most of the Tandem software modules. All modules are very feature rich, yet very similar user interface makes learning new features or modules seamless. Very active user community with most new feature requested implemented for all to utilize. Support is nothing less than EXCEPTIONAL. The rare cases i have needed support, they are always quick to respond, very thorough and quick to resolution. Although i have only been to two KEYS conferences (as of yet), they are very beneficial and always learn new ways to utilize the software. Our CRM's have always been great as well. They check in regularly to make sure all is going good and anything needed. I would recommend CoNetrix to anyone looking for Enterprise class Risk Management platform.
Cons
The only modules that did not fit our needs was the initial Phishing and Training modules. They are well developed products, but we felt they needed some time to mature. We will revisit them again in the future.
Rating breakdown
Very little compared to the main software we use. It is cheaper in grand scheme things but not what a large bank would need for Vendor Management.
Pros
The ease of use, and the unlimited amount of entries into the respository that an user can upload into their database. Cost also
Cons
Very limited on reporting as well as not a thorough Risk Analysis dynamic To mean, just an online document holding bin.
Rating breakdown
Likelihood to recommend: 5/10
Regulatory compliance and vendor management.
Pros
It is constantly updated to incorporate new regulations and to improve the functionality of the program. Any changes to the regulations are reflected in the programming quickly so, as the end-user, you know where they need to be applied. And they listen to the users to improve the program to fit the needs of the "real world". New features are added quarterly to improve the user experience.
Cons
Both good and bad, there is a lot of interplay between the different modules. Since all of the modules are tied together making a change to one may require you to make corrections to several others. This is not always evident until you go into the other modules.
Rating breakdown
Likelihood to recommend: 10/10
Pros
This software is incredible. So is the CoNetrix company. The Tandem suite of products pull from the same data set so Information is shared amongs modules and it is not necessary to re-enter data time and time again. They keep the software aligned with regulations and roll our changes when necessary. Their customer support and responsiveness is second to none. I love working with these products and this company.
Cons
The only thing I would change is to add the ability to put attachments, images or diagrams in some of the fields. Ex: In a policy I may want to have a flowchart...
Rating breakdown
Likelihood to recommend: 10/10
Contact CoNetrix for pricing details.