360factor Blog
GRC Technology and Compliance Solutions in the Digital Age
What is GRC, and why is it important? GRC is quickly becoming one of the most talked about topics in the world of risk and compliance. GRC is an abbreviation of Governance, Risk, and Compliance. GRC is a new and better approach towar...
Creating a sustainable policy and procedure management framework
"Dutch bank ING fined $1.18-billion for failing to spot money laundering” was the headline of the day earlier last week when ING agreed to a settlement where their financial controls were so poor that customers were able to easily l...
Technology Based Perception of Enterprise Risk Management
The way we perceive things and the way we talk about them affects how we treat them. There is an Australian Aboriginal language called Guugu Yimithirr which has no words for left or right directions. They don’t even have the concept...
Holistic risk and compliance management
If organizations want to achieve better compliance and risk management, they need to change the way risk and compliance are handled within organizations. Organizations have risk and compliance departments, staffed with highly qualifie...
The Right Regulatory Change Management Framework
There are new and exciting possibilities in the world of regulatory change. The focus and importance placed by banks and financial institutions on regulatory change management is nothing new; organizations have taken regulatory change...
Using automation to implement compliance management the right way
Rod Rosenstein, the Deputy Attorney General of the United States Department of Justice gave a speech to commence Compliance Week 2018 and his focus was on the right way to implement compliance. He stated that “compliance should not ...
