
Protecht was very pleased to host webinars on our new Marketplace feature last month. Our attendees submitted some great questions, and this article shares responses from the Protecht team.

Protecht was very pleased to host webinars on our new Marketplace feature last month. Our attendees submitted some great questions, and this article shares responses from the Protecht team.
Marketplace makes it easy to implement and scale Protecht.ERM. It provides templated registers, workflows and analytics pre-configured by experienced risk professionals to help you:
Marketplace is an implementation option for Protecht.ERM customers to get their site up and running quickly and simply. Because it is one of a few implementation options, it is not included by default but instead as an add-on.
In addition to financial services, Marketplace is also suited to a wide range of industries including health care, manufacturing, retail, government, and education to name a few.
Yes. Protecht.ERM as a system is designed to integrate data across the lifecycle of risk, and Marketplace packages leverage this integration.
For instance, most of the registers are designed to capture impacted risks and controls from the central risk and controls libraries. Another example is the “Incident and Breach Management” register which can be linked to the Obligations register to highlight where an incident impacts an obligation.
While we’ve ensured that financial services is covered, the current taxonomies were designed to apply to the majority of organisations. Part of the future roadmap is to consider whether standard taxonomies or libraries for specific industries will add value, and where applicable align them with industry-specific standards.
If a package is installed, all components of that package are installed. We have, however, designed packages to be discrete bundles of content to make it easy for customers to choose only what is most relevant to them.
In the case of the modern slavery questionnaire, it is packaged with anti-bribery and corruption questions as well, so all questions would be installed. The related “Vendor Management” and “Vendor Findings and Issues Management” content are separate packages and would not be installed automatically – although they are designed to work together as a suite.
A dashboard such as the risk scorecard can be linked to existing registers as a bespoke report build, as long as your system has the underlying data fields used in that dashboard.
Marketplace will soon be releasing an off-the-shelf version of these risk scorecard dashboards that can be installed to work with other Marketplace registers.
Registers you have already may work alongside with Marketplace registers in reporting, although such reporting would need to be built as bespoke assets.
Customers may customise Marketplace packages in Protecht.ERM, although this will impact use of future updates to the package via Marketplace. Factors to consider before customising a package include:
Protecht can offer professional services to support customisation and ensure that the installation of new packages will continue to work.
Marketplace's Control Library package will be available in the next month.
We do not currently support trying Marketplace packages before purchase. We can of course demonstrate the value of Marketplace packages for you to review to feel confident that they are the right option. If you’d like to see more request a demo here.
Marketplace registers will be made available in Community Playground in the coming months.
Marketplace is a subscription-based service aligning with the term of your contract. It has different subscription levels available (Foundation, Professional and Advanced) to support organisations of different risk maturity.
The different levels and their pricing reflect:
The different levels of subscription allow organisations to more easily expand and deepen their Protecht.ERM system as their risk maturity grows.
For more information on Marketplace pricing, please request contact from our sales team.
The benefit of continuing your Marketplace subscription after the initial term is that updates to packages you have already installed (reflecting, for example, regulatory or other market changes) will assist you in maintaining your Protecht.ERM site.
You can access the recording by following this link.
Protecht is an international company founded by some of the most accomplished risk professionals in the industry. Since 1999, we have delivered training, advisory and software solutions that intensify the Risk Management focus and discipline of government departments, corporations around the world.
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