Your risk function is reactive.
It must be proactive.

Quarterly reports. Annual audits. Risk registers updated six months after the events they are supposed to track. Covasant turns Enterprise Risk Management from a periodic exercise into a real-time intelligence operation, so that your team focuses on critical decision-making.

What keeps risk and compliance
teams on the back foot.

Most risk processes were designed for a slower, simpler environment. Enterprise risk today moves faster than quarterly review cycles can track, and the gap between when risk materializes and when it is detected, is where the damage happens.

01 Detection timing
Fraud, waste, and abuse are identified well after they occur

Internal audit reviews happen periodically. Fraud, waste, and abuse happen continuously. You lose up to 5% of revenue to these issues each year.

02 Third-party visibility
Annual vendor questionnaires cannot reflect a year of change

Your vendors complete an assessment once a year. But a lot happens within twelve months, including financial distress, security breaches, and more.

03 Board reporting
Board risk reporting consumes weeks of effort to produce

Data from multiple systems, extracted, formatted, reviewed, and packaged manually, is of no use to your board, as most of the data is already stale.

04 Regulatory pace
Regulatory environments change faster than compliance tracking can follow

Across industries, the pace of regulatory change has accelerated significantly. Manual compliance tracking is no longer effective and advisable.

05 Enterprise-wide view
Risk is measured in silos rather than across the full enterprise

Operational risk, vendor risk, cyber risk, regulatory risk. Each function has its own tools, its own data, and its own threshold definitions.

06 Review capacity
Transaction and contract volume has outgrown manual review capacity

Third-party transactions grow exponentially every year. The capacity of your risk and audit teams to track them does not grow at the same rate. 

One continuous risk intelligence operation.

Each product addresses a distinct dimension of enterprise risk. They work independently or as an integrated suite. Built on CAMS, all of them share data, signals, and governance infrastructure from the start.

From raw data to
real-time risk intelligence.

CAMS handles the data infrastructure so that konaAI, TPRM, and ARIIA concentrate on what they are designed for: detecting the risk signals that matter and putting them in front of the right people at the right time.

Step 01
Connect your enterprise data

ConnectCore reaches your ERP, CRM, financial systems, vendor databases, and transactional records.

Step 02
Clean and unify the data

Data Quality resolves duplicates and produces a single trusted record for every entity. 

Step 03
Continuous pattern detection

AnomalyRadar and DocPulse monitor every transaction, document, and vendor record for deviations. 

Step 04
Actionable intelligence

Risk events arrive with evidence, severity scores, recommended next steps, and regulatory context already attached.

Every week without continuous monitoring is a week where
exposure is growing unnoticed.
5% Average revenue lost to fraud, waste, and abuse annually in organizations without continuous monitoring
$4.5M Average cost of a third-party data breach, not counting regulatory fines or reputational impact
197 Days average time to identify and contain a breach when third-party risk is not monitored continuously
Weeks Taken by organizations to prepare board risk reports

Risk problems that Covasant solves.

Across BFSI, healthcare, manufacturing, and government, these are the specific scenarios where Covasant customers have deployed and are seeing results in production environments.

Internal Audit
Continuous transaction monitoring for FWA

Monitor 100% of procurement transactions, expense claims, and payment approvals in real time. Flag duplicate invoices, split approvals, ghost vendors, and out-of-policy spending without waiting for the next audit cycle to begin.

konaAI
Third-Party Risk
Daily vendor financial and cyber health scoring

Your top vendors are monitored daily for financial distress signals, cybersecurity vulnerability disclosures, regulatory sanctions, ESG rating changes, and news sentiment. Risk scores update automatically. 

TPRM
Board Reporting
Risk board pack generated from live data, not manual assembly

Your CRO asks in plain language: "What are our top five risk exposures this quarter and how have they shifted since the last board meeting?" ARIIA answers from live operational data across your full risk estate. 

ARIIA
Regulatory Compliance
Regulatory change monitoring and internal impact mapping

Track regulatory changes across your operating jurisdictions. When a new requirement is identified, ARIIA maps the impact across your current processes, highlights the gaps, and recommends remediation steps.

ARIIAkonaAI

Why CAMS-built risk products see more than point solutions.

A standalone audit tool sees your audit data. konaAI, built on CAMS, sees your ERP transactions, vendor records, approval workflows, and contract data simultaneously. The difference in what gets detected is not marginal. It is fundamental to how the product was designed.

Every Covasant risk product inherits the CAMS governance framework. Data lineage from source to decision. Bias detection. Audit trails. AI Agent Control Tower oversight with an instant kill switch. Risk, compliance, and IT teams all operate from the same infrastructure.

Explore the CAMS Platform →
🔗
Connects to every enterprise data source
SAP, Oracle, Salesforce, banking systems, and 20+ more via ConnectCore
🧹
Runs on trusted, clean data
Data Quality ensures every risk signal originates from a reliable, deduplicated data source
🛡️
Governance built in, not added on
Audit trails, bias detection, and AI Agent Control Tower oversight come standard
💬
Business users interact in plain English
Risk leadership asks questions and gets evidence-backed answers in real time.
Frequently asked questions

Questions that risk and compliance leaders ask us

If your question is not here, our risk intelligence team will answer it directly.

Talk to a risk specialist →

Reactive risk monitoring works in cycles, quarterly audits, annual vendor reviews, reports that reflect conditions from the past. Continuous AI monitoring analyzes 100% of transactions, vendor records, and operations in real time, closing the gap between when risk appears and when your team acts. For enterprise risk management, that timing difference is where financial exposure either accumulates or gets stopped.

konaAI cross-references anomalies against your ERP, approval workflows, vendor records, and contract data simultaneously. This is what separates an enterprise AI compliance monitoring platform from a standalone rules-based tool. Each finding arrives with a confidence score and supporting evidence, so that your team acts on genuine risk.

No. Agentic AI compliance tools handle data collection, pattern detection, and report generation that consumes most of your team's capacity today. What they return is valuable time for your compliance professionals to focus on regulatory judgement, escalation decisions, and stakeholder communication.

ARIIA extracts insights from live operational data across your full risk estate, so that reports reflect current conditions rather than a manual snapshot assembled days earlier. Your CRO or CFO asks a question in plain English and ARIIA returns a structured, evidence-backed answer with scenarios and recommended actions. What previously took days of cross-system data collection takes minutes, with full source traceability built in.

Covasant's risk products are deployed across multiple industries, including BFSI, healthcare, and manufacturing, covering SOX, HIPAA, Basel III, DORA, and sector-specific sanctions and procurement compliance requirements. ARIIA monitors regulatory change across your operating jurisdictions and maps new obligations against your current processes before they become violations. All products inherit the CAMS governance framework: data lineage, audit trails, and AI Agent Control Tower oversight as standard.

Start with a risk cost assessment

Find out what undetected risk is costing your organization today.

Use the Enterprise Risk Cost Calculator to estimate the financial exposure that your current monitoring approach leaves unaddressed. Speak with a Covasant risk specialist about how to close it.