GRC Transformation in Financial Services in a Post-Crisis Digital Age

The aftermath of economic collapse a decade ago and the current pandemic of COVID-19 have brought in increasing corporate laws, business regulations, stringent guidelines and intransigent restrictions in the financial services sector in the U.S. and worldwide to maintain control over organizational governance, structure and standard practices. These calls for higher degree of corporate governance, operational transparency, higher performance, enhanced security, data privacy and increased capital requirements to thwart any major systemic risk and crisis of the future. This led to the renewed focus on the so-called ‘Governance, Risk Management and Compliance’ practice, also known as GRC. Therefore, organizations are under intense pressure one more time to transform their weak and fragmented GRC approach and controls to address a wide array of diverse and complex risks, build strong security, particularly cybersecurity posture, respond to the proliferation of regulatory obligations and demonstrate compliance excellence. Therefore, in this webinar, we closely examine and discuss the transformation of GRC in the financial services sector. You’ll learn: Drivers of GRC transformation Next-gen GRC framework Transformed GRC with 3 Lines of Defense How to reach the ideal GRC state? GRC maturity model Technology as enabler of GRC transformation