Corporate governance, risk management, and regulatory compliance (GRC) are no longer the exclusive province of Sarbanes-Oxley. Powerful market forces - globalisation, increased mergers and acquisition activity, heightened regulatory scrutiny, tight operational budgets, and escalating environmental concerns - are all pushing your company to develop and implement a comprehensive GRC initiative to protect itself, while remaining agile and competitive.
Successful GRC initiatives demand an integrated and enterprise-wide view of risk and compliance. As a result, your business requires access to all its data, regardless of where it resides and the form it takes
It must be available to users and applications when, where, and however needed. And your business needs to be confident that its data is available, complete, accurate, consistent, auditable, and secure.
Challenges
* Limited visibility and transparency. Your enterprise data is located in different systems and unconventional formats and unstructured files, such as PDFs and PowerPoint presentations. You need to increase visibility into and transparency of GRC activities across the enterprise, but you lack a comprehensive, cross-enterprise view of GRC-relevant information.
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Source: itweb.co.za
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3 comments:
Reading this post, it reminds me a quote from Jonathan Mayhew when he said" "But let us remember, at the same time, government is sacred, and not to be trifled with."
Hello,
We facilitate the provision of independent analysis to support expert testimony, regulatory or legislative engagements. Frequently, this work includes economic, financial and statistical studies of varying data analysis, technical and http://www.potentiamed.com.
Hello,
We facilitate the provision of independent analysis to support expert testimony, regulatory or legislative engagements. Frequently, this work includes economic, financial and statistical studies of varying data analysis, technical and http://www.potentiamed.com.
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