GOVERNANCE, RISK
& COMPLIANCE

GRC

The rapidly evolving regulatory environment, higher business complexity, and increased focus on accountability have led enterprises to pursue a broad range of governance, risk, and compliance (GRC) initiatives across the organization. However, these initiatives are poorly coordinated in an era when risks are interconnected, and controls are shared. As a result, these initiatives get planned and managed in silos, which hinders the complete visibility into risks and potentially increases the overall business risk for the organization. In addition, parallel compliance and risk initiatives lead to duplication of efforts and cause costs to spiral out of control. Streamlining governance, risk, and compliance processes through common control, definition, enforcement, and monitoring has the ability to coordinate and integrate these initiatives.