Governance Risk and Compliance:

Many organizations are adopting disruptive platforms such as cloud to move the transaction systems out of premises and using social media. Besides the regular security threats, technology proliferation opens new form of cyber threats that challenges today’s enterprises. Also many of the risk management practices are either  outdated or not very effective hence enterprises must consider a comprehensive risk management program to address not just the growing threats but also manage and monitor the internal and external risk and compliance.  

Several policies, rules and control mechanism related business processes are used to run the day to day tasks, identify and manage risks is all department across an enterprise.  But the information and the data often is either in user machines, department servers, network folders or paper files that do not provide a centralized view of all processes. Not only the information such as policies and approval enabling mechanisms needs a constant updates and proper governance, it also has to consider cross boundary elements of each BU within an enterprise.  In order to collate and manage the data and information from various BU’s within an enterprise, identify all possible risks and stay compliant an effective enterprise class GRC (Governance, risk and compliance) solution platform becomes an essential part of the enterprise ecosystem to manage and control business processes better. GRC  programs are a complex but vital to the business operations.

A Robust enterprise class GRC platform can help reduce organizational risks while achieving significant value in terms of operational efficiencies –

• Limits organizational risk related to regulatory compliance and security threats
• Enables efficient and effective operations through improved collaboration and visibility
• Reduces the staff time needed to identify and remedy security events

Our GRC competency brings in 10 plus years of experience both from a use case business process as well as a technical roll outs for structured and unstructured data.  Our consultants have experience working with multiple platforms including IBM Open Pages and RSA Archer 5.x and 6.x.