If the data quality is not good, a Business cannot use the information to make sound business decisions – no matter how many talented data analysts work upon it. Enterprise Risk Management, especially, requires high-quality, integrated data for making risk-based informed decisions. For this purpose, a data management system is the primary key for providing
Risks and Opportunities create pressure points which trigger Board-level engagement with Business Strategy, Enterprise Risk and Compliance Management. Across all industry verticals, Board Directors are grappling with the need to define a robust strategy and implement a plan that can address questions related to Risks and Opportunities in a dynamic and volatile environment. The terminology
Automating Risk Management process has become extremely important for Organizations who want to manage their internal and external Risks related to Data Privacy, Information Security, Infrastructure, Compliance, Project Management, and Business Continuity processes. A structured GRC program based on Industry frameworks cannot achieve high maturity scores without process automation for Risk and Compliance management as