About: Sarah Hamilton
This author has not yet filled in any details.Smarter Controls for Risk Management
Banks and financial services organizations strive to implement and manage controls to mitigate risks and safeguard their organizations. The primary method for risk management today is manual management across multiple tool...
6 Steps of RCSA Automation and Standardization
A risk and control self-assessment (RCSA) helps to ensure that all enterprise risk management objectives are fulfilled in a fair amount of time. According to Six Sigma, companies that automated their RCSA process experienced a...
Does Your Bank Need a Software Tool or a Solution Approach?
In this era of information technology (IT), banking and financial institutions, in order to stay competitive, organizations are expecting to gain maximum advantage of rapidly advancing innovations in the IT industry. Due to comp...
Using Key Risk Indicators for Enhanced Risk Predictions
Key risk indicators (KRIs) can provide your organization with risk insights and predictions. KRIs are common in the financial sector and are increasingly being used in other industries as well. Our risk insights tool Insig...
Key Metrics for Improving Risk and Compliance Program Performance
Compliance and risk performance is often measured by the financial penalties or losses that were prevented or realized; however, relying on this set of metrics can hide a more comprehensive view of risk and compliance program ...
Improving Risk and Compliance in 2020 While staying within the Budget
As the year ends, managers are working on creating plans and strategies for 2020 and finalizing the budget for the next year. Risk and compliance managers want access to the latest risk and compliance technology that will inc...
The Future of Regulatory Change Management
We are living in a time of immense technological growth. The information age has enabled advances in technologies that exponentially increase productivity and efficiencies. Regulatory change management (RCM) systems have benef...
Overcoming the Diminishing Returns in Risk and Compliance Management
The law of diminishing returns, which states that after a certain point adding resources only gives marginal value, is certainly true for risk and compliance management. Organizations that try to improve compliance levels and ri...
The Importance of GRC Technology Convenience for Employees
Businesses at the implementation phase of GRC technology should consider multiple factors when choosing the right solution for the organization. This includes cost, functionality, efficiency, ROI, and several other simil...
Improving Compliance QA Testing Through Automation
It may be possible to temporarily improve compliance monitoring through increased oversight, but to truly improve compliance and embed it into the DNA of the organization it is important to work on the compliance framewo...