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Why Reducing Your Cost of Compliance can Save you Money

Everyone knows staying compliant saves money. It prevents hundreds of thousands of dollars in regulatory fines. Beyond that, it seems that compliance only costs money. Time, effort and dollars go into keeping your organization compli...

Nonbank Mortgage Servicers May be Feeling the Regulatory Reach

Nonbank servicers are now servicing almost a quarter of the nation’s $9.9 billion in outstanding residential mortgage loans (about 24.2 percent) as of June 2015, having increased from 6.8 percent in 2012. What does this mean to the ...

Stop Doing GRC Manually

A wise GRC practitioner works smarter, NOT harder so you should arm yourself with tools that automate your GRC. Every Day: Your team is doing – 40 tasks Managing 10 Risk Items Touching: 10 Policies and Procedures Co...

Global Risk Management Survey

A CEO’s Perspective The financial crisis which shook global markets and financial institutions worldwide has forever changed the landscape with an era of sweeping regulatory change. The new regulatory landscape is placing demands...

High Operational Risk = High Insurance Premiums

In its latest Sigma study, titled "Insuring Ever-Evolving Commercial Risks," overall, premiums for companies across nine industries in 2014 for liability coverage averaged $1.75 per every $1,000 in revenue. That was more than any othe...

Traditional VS Breakthrough – Reduce Risk and Drive Operational Excellence

Running an organization based on quarterly goals and measuring quarterly performance have forced business leaders to scramble for short-term profit gains instead of having a long-term plan for performance and margins expansion.  Bec...

Community Banks Are Struggling with New Regulations and Compliance Cost

Community banks are struggling to adapt to the increased regulatory stringency resulting to higher regulatory/compliance cost. Regulations are getting more expensive for community banks as they are getting socked with hefty compliance...

What are SEMS Auditors Interested in Seeing During a SEMS Audit

The Safety and Environmental Management System (SEMS) program was developed for organizations to meet two core objectives i) Accident & Incident Prevention and ii) Prevention of the release of  hazardous substance in the environm...

The Rising Cost of GRC

There is a concern of rising cost of the GRC. If the companies achieve an integrated GRC platform automating compliance and risk at C-suite, business unit manager and at the location level, do you think the cost will actually go down ...

Using Cloud-Based Software to Streamline Regulatory Workflow Automation

There are hundreds of processes that must be positioned for the organization to implement all the controls across the spectrum, not to mention the changes in regulations for the industry. How does an organization able to efficiently i...