There are many different approaches and strategies which can be undertaken to mitigate organizational risks. There are four basic types of risk mitigation strategies, under which there are multiple methods and processes. These strate...

What is a policy and procedure manual? A policy and procedure manual is a codified document that outlines all the necessary policies, procedures, SOPs, best practices, and rules that the employees of the organization have to follow. ...

The world of compliance management is changing rapidly. We saw the first major change with the influx of computers, then another one with the mainstream adoption of information technology. Compliance management solutions are ushering ...

The GRC market may be worth more than $64 billion in 7 years according to a report by the research firm Grand View Research. Unsurprisingly, BFSI is leading the charge. BFSI accounted for most GRC adoptions and implementations, follo...

Regulatory reporting is supposed to be the tool that helps governments ensure that the financial sector performs smoothly and does not cause any cascading problems. Even though there are extensive regulatory reporting requirements the...

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 man...