GRC insights, thoughts, and analysis

Insights and Operational Risk Management

Posted by: Andrew Hunt | November 13, 2019

There is a divide between the value of achieving peak operational risk management versus the tools made available to operational risk managers. Risk managers typically rely on general-purpose software, such as spreadsheets. While this method is…

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Rethinking Risk and Compliance for the Future of Banking

Posted by: Bobby O'Neal | October 30, 2019

Banking is evolving – shouldn’t risk and compliance management evolve along with it? Change and progress are constant – the banking sector has always been improving its services by using the latest available technology. However, sometimes the…

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The Future of Regulatory Change Management

Posted by: Sarah Hamilton | October 17, 2019

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 benefited greatly from these technological leaps and have evolved along with technology. A Chronology of Regulatory…

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Detect Issues and Violations Early Through Compliance Monitoring

Posted by: Bobby O'Neal | October 9, 2019

The importance of compliance controls cannot be overstated. Having the right compliance framework is important not just to management, but to the regulatory bodies as well. The biggest compliance penalties are usually levied on banks which…

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Overcoming the Diminishing Returns in Risk and Compliance Management

Posted by: Sarah Hamilton | October 3, 2019

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 risk mitigation by increasing risk and compliance…

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Identifying and Eliminating the Time Sinks in Regulatory Change Management

Posted by: Bobby O'Neal | October 1, 2019

The Pareto Principle, which states that 80% of the results are generated from 20% of the efforts certainly applies to regulatory change management. Regulatory experts spend an inordinate amount of time doing work that is a…

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