The Convergence of Enterprise Governance, Risk & Compliance Software Solutions
The market for governance, risk, and compliance is still a maelstrom. Some vendors offer GRC software for the enterprise (eGRC), whereas others offer GRC for monitoring access and communications for compliance (IT-GRC). What’s more—both branches of GRC use technology to automate highly complex processes, while some GRC vendors offer capabilities that overlap both areas. To get a sense of the current attitudes toward GRC, Hypatia Research evaluated more than 20 GRC software vendors and interviewed more than 660 users of these applications. Read up on best practices, benchmarks, and vendor ranking.
Chartis RiskTech Quadrant for Enterprise GRC Solutions 2014
The RiskTech Quadrant is the vendor landscape for enterprise governance, risk, and compliance (GRC) technology solutions. More than 20 governance, risk, and compliance vendors have been evaluated, regarding their completeness of offering and market potential. This Chartis research paper covers the Chartis RiskTech Quadrant® for Enterprise GRC Solutions; IBM Enterprise GRC Solutions analytics capabilities and market position; and the RiskTech Quadrant® methodology.
ORSA, the Corner Stone of the Solvency II Regime
The move toward principle-based regulations across the European insurance world puts a strong emphasis on corporate governance programs. Under their Own Risk and Solvency Assessment (ORSA) plans, insurance firms have to align their enterprise risk management processes with their strategic business plans. This article looks, in more detail, at some of the main Solvency II ORSA requirements, and how European insurance companies can use enterprise risk management platforms to support these key management needs.
Convergence, Collaboration, and Culture: The Evolution of Governance, Risk, and Compliance
Traditional governance, risk, and compliance (GRC) programs are siloed initiatives that are not equipped to manage the complexity of the dynamic modern regulatory and compliance environment. Organizations thus need to adopt a programmatic approach and tightly integrate risk management initiatives with ongoing business processes. BI and reporting can help, as well as provide a powerful mechanism for gaining a deep understanding of key factors that impact corporate performance.
Keeping Score: Evolving Wholesale Credit on a Maturity Model
The inner workings of a global financial institution can contain literally hundreds of systems in which credit risk is recorded. This risk may be managed with dozens of different, disparate systems, which can appear to be an overwhelming and resource-intensive process. This is where a maturity model comes into play. A maturity model scorecard provides banks with a single point of reference to understand what they are, where they wish to go, some practical ideas about where to start, and how to do it most cost-effectively.