Enterprise Risk Management

4 Major Advantages of an Integrated Risk and Compliance Platform

Risk and compliance management are intrinsically linked. The rules and regulations that banks and financial institutions must abide by are designed to mitigate the myriad risks that are borne from financial activities. However, most banks struggle to synchronize risk and compliance work in real time. Compliance reports are looked at while doing risk assessments […]

Does Your Business Have a Proactive Risk Management Program?

Risk management is a core component in the financial sector which is why almost every business in the sector has a risk management team. However, most businesses do not have a proactive risk management program. There is a general perception that risk management is fueled simply by passion and dedication – that all we […]

Improving the Enterprise Cyber Risk Management Framework

Everyone understands the importance of cyber security. We live in the age of information and communication, where every business uses digital communication channels. Businesses use these channels to transmit and store highly confidential business and customer data. A breach here can result in heavy monetary losses, penalties, loss of reputation, and most importantly, the […]

Three Unexpected Business Benefits of ERM Software

The direct benefits of managing enterprise risk through a software are already established. ERM implementations cut down reporting time, improve risk coverage and prediction, provide insights and data, and improve the overall risk management capabilities of the organization. There are, however, certain benefits which may not be so clear. These are benefits which […]

How to Comply with Increasing Regulations in the Oil and Gas Industry?

The oil and gas industry now faces mounting regulatory pressures. New standards, highly publicized spill incidents, public debates on drilling practices and the general sentiment that oil and gas companies contribute greatly to environmental issues around the globe are causing the industry to contend with some of the strictest regulations in the world.

Organizations are […]

Why Automate and Integrate GRC?

Imagine that you are about to take a drive to a place you have dreamed of going your entire life and you have the following  two options:

Option 1 Your suitcases are packed in the car, and all you have to do is put your key in, turn the car on, keep an eye on […]