Increasing Business Agility: An Integrated Approach to Governance, Risk, and Compliance Management

  • Source: SAP
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A benchmarking survey shows that most organizations have a reactive method to governance, risk, and compliance (GRC) management, channeling resources and management attention to address specific regulatory mandates independently and in isolation from each other. The result: fragmented GRC activities and data sources that increase costs and hinder business agility. Find out how your company can become less reactive.

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A Business Risk Approach to IT Governance

  • Source: IBM
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As corporate IT infrastructure increases in size and complexity, corporations are recognizing the need for a better mechanism for assessing IT’s role and alignment to the key corporate initiatives. What began as a series of best practices has evolved into the field known as IT governance. This white paper is for business and technical people and introduces the key concepts and challenges with IT governance and the IT governance solution provided by IBM. Read More

KLP Empowers the Front and Middle Office with Advanced Risk Analytics

  • Source: IBM
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In order for your business to thrive, you need to make good financial choices. Paying attention current risk is vital, but so too is preparing for possible risk through the use of modeling solutions. Once you have solid risk analytics software in place, accessing the data has to be easy, or else you’re not reaping the full potential rewards of modeling.

IBM provides refined, flexible cloud-based solutions that are able to support a wide array of customization options. This allows your business to develop a modeling solution specific to your organization’s needs, optimizing and making the performance of risk management tasks across the entire organization much less difficult. The ease of user adoption means that information gained from risk modeling via IBM’s Business Analytics software can be integrated into the day-to-day activities of your business. Cloud-based technology is also easier to run and use, demanding less IT hours.

Putting IBM’s easy-to-use and simple-to-understand analytic tools in the hands of anyone who needs them means decision making can become more strategic, allowing your team to reach objectives quickly and smoothly. In this case study, learn how IBM’s Business Analytics software can help your organization excel in their fields by identifying market trends, developing budgets according to real-time data results, determining possible problem areas to avoid or resolve, and read how IBM Business Analytics can help with compliance. Learn how scenario comparison and customer analytics can affect your business, and how to use them to your best advantage.  Read More

Wholesale Banking: Challenges in Automating Commercial Credit Risk Management

  • Source: IBM
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The challenges associated with commercial credit are complicated, but through automation, commercial credit risk management can be made straightforward and more efficient. IBM’s Business Analytics for commercial banking can help improve commercial lending operations, and, along with strong risk management practices and modernized operations, can create best practices for implementation and enhance overall operational effectiveness.

It’s essential that an automated system is transparent, helps with compliance, can serve multiple relationship types, and is able to use several criteria for risk assessment. A good system should take into consideration the complexities between customer, loan, and approval processes, and limit the need for multiple individual systems by way of a single user interface or tightly integrated systems.

In this white paper, read a detailed overview from IBM Business Analytics about the advantages and potential challenges of automation in five areas of interest, including complexity of the customer and credit granted, as well as continuous risk monitoring and how to improve overall relationship management. Get details on the management and analysis of commercial portfolios and related documents, business intelligence reporting, and defaults/recoveries management. Also provided is an extensive point-form information checklist, allowing you to self-check your own organization to determine what areas may need attention. Security issues for data protection are also addressed.

Creating infrastructure for your organization for best success begins with choosing the best technologies, and IBM Business Analytics can help, improving profitability and providing solutions that allow your business goals to be realized.  Read More

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Enhancing Governance, Risk, and Compliance through Effective Risk Management

Embedding governance, risk, and compliance (GRC) management into all business process has become imperative. Companies need to adopt a holistic view when it comes to reducing and managing risks, and ensure better access risk management. This paper discusses the need for companies to take a proactive approach towards access risk management. Read More

Governance, Risk, and Compliance Management

  • Source: SAP
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Governance, risk, and compliance (GRC) issues are hot topics today, thanks to high-profile stories about companies that failed to meet regulatory requirements. In each case, executives were held accountable, stock prices dropped, and brand image suffered. Find out about cross-enterprise GRC solutions that can make it easier to monitor compliance and risk effectively, and adjust to changing regulatory mandates. Read More

Lean IT Governance: The Most Realistic and Attainable Approach to IT Governance

The most realistic and attainable approach to IT governance is a "lean" approach via project portfolio management (PPM). The lean approach requires a light footprint life cycle, rapid implementation of proven practices, and centralized data. It is based on simplicity and achievability, building on what works while establishing headroom for continuous improvement. Read More
 
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