The 3GRC platform is an industry leading risk management solution that provides benefits through business risk identification and remediation workflow. The platform is a cloud based assessment solution which automatically identifies risk and populates risk registers, driving remediation and compliance in a single location through a streamlined and user-friendly manner.Contact us
Data protection concerns, which have only increased with the ratification of the General Data Protection Regulation (GDPR), cyber security threats, financial crisis and an increasing regulatory focus have all combined to create a major challenge for financial institutions.
Financial firms need a solution that can help identify and monitor potential third party and supply chain vulnerabilities, as well as assess their own internal business units.
Third party and supplier relationships are under growing scrutiny by regulators globally, including notable entities such as the US Office of the Comptroller of the Currency (OCC), FINRA, the UK Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Monetary Authority of Singapore (MAS).
Internally, financial institutions must also demonstrate good practice including compliance with Anti Bribery and Corruption and Modern Slavery.
The ability to assess and monitor risk is a key part of any operational risk strategy. As financial institutions reliance on third parties to deliver business critical services and processes is greater than ever before, the complexity of managing the risk and oversight process intensifies.
The 3GRC platform provides a centralised hub that enables financial institutions to standardise and simplify risk management due diligence and ongoing monitoring.
With assessment and risk content specifically designed and built to assist with meeting Financial regulations, the platform provides customers with content to address specific regulations including GDPR, FCA, PCI, Anti-Bribery and Corruption, Modern Slavery and more.
Contact us for a free demonstration of the 3GRC platform. We’ll show you how we can automate, simplify and centralise your risk and compliance management.Contact us