Financial Case Studies

Governance, Risk & Compliance

Post Enron, the mandates of the first Governance, Risk & Compliance (GRC) initiatives were initially reactive; meet the demands of the regulators as quickly as possible. Organisations handled this immediate challenge and requirement by implementing multiple disparate systems to cater for SOX, BASEL II and the continual release of new regulatory requirements.

Unfortunately, these multiple fragments still exist; loosely coupled across several systems, business units and siloed processes. Duplicate information, difficulty in reporting and the inability to leverage the inherent value of the information have become points of failure and frustration.

Haley Governance, Risk and Compliance Solution delivers a 'front to back' solution that focuses on engaging the front-office in the business of Risk and Compliance management within the boundaries of a single, evolving and responsive GRC solution.

Components include:

  • Operational Risk Management
  • Compliance Management
  • Incident Management
  • Control Framework

By moving the business-as-usual GRC management to the front-office, the Risk Group move to a higher level, concentrating on strategy, enterprise-wide best practice and principles and ensuring the organisation can respond to current and future challenges.

View more on the Haley GRC Framework