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Governance, Risk, and Compliance
Governance, Risk and Compliance is a problem area for almost all large enterprises, but without it, an enterprise is not well managed. The events of the last decade in the financial industry have underscored how costly failure to monitor and enforce policies can be.
The Revelytix GRC System is the most technically advanced and fully featured GRC application available. It provides the capability to define policies, at multiple levels, in a formal way, meaning that these policies can be monitored and enforced by IT systems. This represents an enormous advance over traditional methods used to define and enforce risk and governance policies.
Current approaches to monitoring and enforcing policies are too reliant on content management systems containing written documents that humans must interpret. Too much burden is placed on employees to be aware of policies and avoid violations. Policies are too numerous and too complex.
The Revelytix GRC System works with “formally” defined policies so that ambiguity and human interpretive error is removed from the governance process. It is powered by our Emergent Analytic Software Suite. Any well managed enterprise needs risk and policy governance – do it better, do it right.