GP for Regulatory Management Product Sheet
2
In today’s increasingly regulated environment, compliance managers face critical choices. Some will approach future investments in compliance initiatives merely as a means to abide by regulatory directives. However, leading organizations invest in the Governance Portal for Regulatory Management to help them strengthen and unify their risk culture and align risk-based practices to protect and enhance shareholder value. Sustainable Regulatory Management Program The Governance Portal provides an integrated solution that enables leading compliance and risk management practices. The system features risk and control self-assessment which may be augmented with real-time regulatory alerts for the financial services industry. This technology facilitates the communication of risk frameworks and directives from the governing risk committees to the employees throughout the organization, while enabling a comprehensive risk assessment, measurement and monitoring process. The Governance Portal is a market- leading GRC software solution used by hundreds of clients around the world, providing visibility and insight needed to manage and mitigate critical risk and com- pliance issues today and in the future. The Governance Portal helps clients: • Start quickly • Execute efficiently • Create sustainability • Add value Protiviti has been positioned as a “Challenger” by Gartner, Inc. in the September 2013 Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms. “We use the Compliance Management module to administer our Internal Control review. Usage of the tool enables us to successfully manage our large recipient base of nearly eight-hundred individuals and to quickly provide meaningful consolidated reporting while maintaining anonymity for our employees. We have done this for three consecutive years and will continue to do so in the future.” – Controls Manager, Global Engineering Company Protiviti’s Governance Portal for Regulatory Management Identify, Assess, Plan Execute Report Monitor and Follow Up Plan and Define Measure Manage Monitor © 2014 Protiviti Inc. 104207 • Establish a regulatory model, risk topology and organizational hier- archy throughout the integrated framework. • Map compliance objectives, risk and control self-assessments, and loss documentation to this framework. • Incorporate a qualitative and quanti- tative assessment approach by leveraging historical loss data within a unified risk framework. • Schedule assignments while driving ownership and acceptance of respon- sibilities. • Extend your solution with real-time regulatory updates and ensure that your risk assessments automatically reflect the latest regulatory developments. • Achieve active compliance and allow decisions to be made based on all of the relevant facts. • Establish response strategies, apply controls, remediate deficiencies and evaluate information through an integrated reporting suite. • Automatically notify and remind action owners of assignments and due dates. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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Transcript of GP for Regulatory Management Product Sheet
In today’s increasingly regulated environment, compliance managers face critical choices. Some will approach future investments in compliance initiatives merely as a means to abide by regulatory directives. However, leading organizations invest in the Governance Portal for Regulatory Management to help them strengthen and unify their risk culture and align risk-based practices to protect and enhance shareholder value.
Sustainable Regulatory Management ProgramThe Governance Portal provides an integrated solution that enables leading compliance and risk management practices. The system features risk and control self-assessment which may be augmented with real-time regulatory alerts for the financial services industry. This technology facilitates the communication of risk frameworks and directives from the governing risk committees to the employees throughout the organization, while enabling a comprehensive risk assessment, measurement and monitoring process.
The Governance Portal is a market-leading GRC software solution used by hundreds of clients around the world, providing visibility and insight needed to manage and mitigate critical risk and com-pliance issues today and in the future.
The Governance Portal helps clients:
• Start quickly• Execute efficiently• Create sustainability• Add value
Protiviti has been positioned as a “Challenger” by Gartner, Inc. in the September 2013 Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms.
“We use the Compliance Management module to administer our Internal Control review. Usage of the tool enables us to successfully manage our large recipient base of nearly eight-hundred individuals and to quickly provide meaningful consolidated reporting while maintaining anonymity for our employees. We have done this for three consecutive years and will continue to do so in the future.”
– Controls Manager, Global Engineering Company
Protiviti’s Governance Portal for Regulatory Management
Identify, Assess, Plan
ExecuteRep
ort
Monitor and Follow Up
Plan and Define Measure
Manage Monitor
© 2
014
Prot
ivit
i Inc
. 10
4207
• Establish a regulatory model, risk topology and organizational hier-archy throughout the integrated framework.
• Map compliance objectives, risk and control self-assessments, and loss documentation to this framework.
• Incorporate a qualitative and quanti-tative assessment approach by leveraging historical loss data within a unified risk framework.
• Schedule assignments while driving ownership and acceptance of respon-sibilities.
• Extend your solution with real-time regulatory updates and ensure that your risk assessments automatically reflect the latest regulatory developments.
• Achieve active compliance and allow decisions to be made based on all of the relevant facts.
• Establish response strategies, apply controls, remediate deficiencies and evaluate information through an integrated reporting suite.
• Automatically notify and remind action owners of assignments and due dates.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
All referenced trademarks are the property of their respective owners.
© 2014 Protiviti Inc. An Equal Opportunity Employer M/F/D/V. PRO-0414-104207Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services.
Improve Your Regulatory Management Function TodayMany companies are finding it harder than ever to stay on top of regulatory changes and manage risk and compliance efforts effectively, all while controlling costs. The Governance Portal aligns risk assessment with corpo-rate goals through a simple methodology of identifying and documenting regulatory objectives, risks and controls. In-depth analysis and a direct stream of regulatory intelligence supports a forward-looking assessment, providing these organizations with the tools and automation they need to increase risk management efficiency and drive down costs.
Compliance Dashboard
Risk Heat Map
Regulatory Alerts
The Governance Portal for Regulatory Management enables you to:
• Proactively manage compliance exposure through real-time regula-tory updates
• Ensure that your risk assessments reflect the most recent regulatory developments
• Focus your attention on high risks by aggregating organizationwide information
• Drive accountability throughout the enterprise, facilitating online reme-diation of issues and action items
• Make decisions based on the current environment and monitor trends through automated alerts
• Manage certification and review of policy updates through workflow
To schedule a demo of the Governance Portal for Regulatory Management, visit us at www.protiviti.com/grc-software.
About ProtivitiProtiviti (www.protiviti.com) is a global consulting firm that helps companies solve problems in finance, technology, operations, governance, risk and internal audit, and has served more than 35 percent of FORTUNE 1000® and FORTUNE Global 500® companies. Protiviti and its independently owned Member Firms serve clients through a network of more than 70 locations in over 20 countries. The firm also works with smaller, growing companies, including those looking to go public, as well as with government agencies.
Protiviti is a wholly owned subsidiary of Robert Half (NYSE: RHI). Founded in 1948, Robert Half is a member of the S&P 500 index.
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Corporate governance and ethics
TradingData protection and privacy
Credit and lending
© 2014 Protiviti Inc. 104207
© 2014 Protiviti Inc. 104207
