“With the ever-changing regulatory landscape, companies and organisations are finding that an increased level of awareness of governance, risk management and compliance (GRC) has become crucial to the corporate psyche and lifecycle of a company.
One of the biggest opportunities and challenges for organisations is determining what type of GRC platform is needed, and in tandem, how to successfully implement this framework into everyday business practices.
In a recent study examining challenges at 86 financial institutions, Deloitte reports that over 85% of respondents felt organisations would benefit from integrating and streamlining the use of technology for GRC activities enterprise-wide. This number is quickly on the rise as governance practices continue to take a front seat in the financial world.”
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