Enterprise Governance, Risk and Compliance

Enterprise Governance, Risk and Compliance

Business Operations

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© Copyright 2012 Axis Technology, LLC

Enterprise Governance, Risk & Compliance

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The world is changing dramatically. New and rapidly shifting regulatory environments affect the strategy, structure, and operations of organizations, both within the enterprise and in its dealings with customers, partners and other third parties.

eGRC is a rapidly evolving business capability that uses processes and tools to combine:

• Compliance programs that measure control effectiveness,

• Risk management programs that categorize and prioritize risks, and

• Governance programs that identify, monitor and manage remediation of those risks.


eGRC Risk

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The typical organizations reaction to these shifting regulatory demands has produced multiple new risks and disruptions

Impacts

• Unclear organizational direction

• Fragmented control framework

• Unrecognized / unmitigated risks

• Organization performance interrupted

• Lost opportunities


eGRC Framework

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eGRC is an enterprise initiative that reaches from strategy through architecture to the operations of the organization. Whether an organization starts top-down with Corporate Leadership or starts the initiative at a more targeted Architecture or Operations level, these modules form a framework for an Enterprise GRC program.

eGRC Strategy Maturity Assessment

Risk Appetite/Profile IT Strategy

CORPORATE LEADERSHIP

eGRC Realization

Maturity Execution

Risk Appetite Mgmt

IT Implementation

OPERATIONS

eGRC Architecture

Maturity Roadmap Risk Integration IT Architecture

ARCHITECTURE

Corporate Leadership Ensure the eGRC strategy is well defined, communicated effectively and permeates the culture.

Architecture Ensure there is a robust and integrated control framework.

OperationsImplement processes, organizations and technology that are aligned with the strategy and architecture.

(Beyond)eGRC Interface

3rd Party Maturity Model

3rd Party Risk Mgmt

3rd Party Interfaces

THIRD PARTYThird PartyImplement protocols and technology – aligned with the enterprise strategy and architecture – to interface effectively with strategic third party vendors, partners, channels, etc.


eGRC Expertise

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Axis takes a holistic approach to eGRC by providing expertise across the key business and technical disciplines (strategy, organization, culture, process, technology and communication) to achieve enterprise change


eGRC Outcome

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A holistic, insightful, and actionable eGRC strategy can help your organization to launch and maximize its successful eGRC effort.

• Improved ability to proactively manage to current and emerging regulatory demands and market opportunities

• Integrated information that enables agility

• Transparency across the organization

• Risk management decisions throughout the enterprise aligned with strategic and organizational goals

• Efficient and effective management of enterprise risk


www.AxisTechnologyLLC.com

70 Federal StreetBoston, MA 02110

(857) 445-0110

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Enterprise Governance, Risk and Compliance

Technology

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