Chartis: Enterprise GRC Solutions 2014: Time for GFRC? - Thomson Reuters Vendor Highlights

Conventional enterprise governance, risk, and compliance (GRC) processes have been a valuable tool for firms to manage risk through simple, structured controls and processes. However, traditional GRC is inadequate and, as a result of a focus on controls, has failed. Firms need to move beyond traditional GRC.

Traditional GRC has failed. GRC processes have failed to prevent serious compliance breaches and failures of governance, and to manage risk effectively. GRC processes failed to alert

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