Strengthening Governance, Risk and Compliance in the Banking Industry

  • Source: The Economist
  • Written By:
  • Published:
  • (Originally Published On:) )
Banks have progressed farther than companies in many other industries in automating financial processes and have more to lose from inefficient processes, facing intensified regulatory compliance. Effective governance, risk, and compliance (GRC) initiatives can multiply efficiency advantages of more conservative automation efforts while providing accurate, timely insight into the entire financial picture of the enterprise.

Featured Software Research:

A Business Risk Approach to IT Governance

  • Source: IBM
  • Written By:
  • Published:
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

Chartis RiskTech Quadrant for Enterprise GRC Solutions 2014

The RiskTech Quadrant is the vendor landscape for enterprise governance, risk, and compliance (GRC) technology solutions. More than 20 governance, risk, and compliance vendors have been evaluated, regarding their completeness of offering and market potential. This Chartis research paper covers the Chartis RiskTech Quadrant® for Enterprise GRC Solutions; IBM Enterprise GRC Solutions analytics capabilities and market position; and the RiskTech Quadrant® methodology. Read More

You may also be interested in these related documents:

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

Align Financial Processes and Systems for Better Business Value and Compliance

Financial business process professionals need to coordinate financial process life cycle activities in order to enhance the value of information within the business, and drive better execution of compliance measures. But too often, automation and integration gaps discourage their efforts. Download this report to learn how to integrate and automate these activities, and improve your ability to make strategic and tactical decisions. Read More

Balancing Profitability and Risk in Banking: Overcoming Common Risk Analysis and Reporting Challenges

  • Source: SAP
  • Written By:
  • Published:
Banks need robust risk analysis and reporting solutions to improve reporting accuracy and efficiency, while reducing the costs and burdens of compliance. Yet many forces hamper efficient enterprise risk reporting, including regulatory and stakeholder pressures, process inefficiencies, and disparate data. This paper focuses on the risk reporting challenges facing banks, and outlines the best practices banks need to improve reporting and manage risk. Read More
 
comments powered by Disqus