RiskKey's goal is to make doing risk assessments easy. We don't believe that you need all the complex calculations and other bells and whistles for doing risk assessments. You need efficient, fast, and good-looking. That's what we want to enable you to do with RiskKey.
Risk Assessment is one of those processes that can be difficult and, in our opinion, gets over-complicated by many. So we took the opposite approach when building this application. We wanted an app that is more focused, without needless "features", and thats focused on ease of use! So for us, we side with the less is more approach.
We spent time with bankers understanding how they currently do their risk assessments and found that it usually ended up on one persons shoulders. So we wanted to build an application that would be flexible enough to use for a single person or scalable enough for multiple people to share duties in completing risk assessments across the financial institution. This will be perfect for audit/compliance managers that manage the audits but want others to do the risk assessments for their departments.
Bottom line, nobody is smarter than many and we want to promote that. So we built the ability, within the application, to share risk templates between users of the system because we believe that if we help each other, we all can get things done faster and more accurately than if we did it by ourselves. So if you need to do a BSA risk assessment, just search among the community, import what they have established for their template, and that's it. We dig that whole 'collective intelligence' concept.