Tag: GRC

Understanding the mindset of intermediaries is paramount for asset managers aiming to engage and collaborate with broker-dealers effectively. It's essential to grasp the key drivers behind their decision-making processes and identify critical contacts within their home offices. Such insights can highlight potential leverage points even before partnerships are forged.

Ncontracts, a provider of integrated compliance, risk, and vendor management solutions, has acquired Venminder, a third-party risk management platform.

The concept of third-party risk management is hardly a fledgling idea. However, as the world becomes ever-more digitised, cybersecurity threats are now looming larger than ever before. According to research from Soha Systems, more than 60% of data breaches can be traced back to third-party vendors. This means that an effective third-party risk management strategy is not just a luxury anymore - it is a necessity.

In the ever-evolving landscape of regulatory requirements, businesses are compelled to reassess how they manage compliance and conduct risks. A proactive approach is necessary, not only to understand the regulations but to anticipate their impacts on operations. Implementing a standardized methodology supported by AI allows businesses to prepare for regulatory changes effectively, ensuring compliance is both consistent and scalable.

Singapore-headquartered Xcelerate, a prominent governance, risk & compliance (GRC), and environmental, social & governance (ESG) platform, has closed a funding round exceeding $25m.

On the 6th of February, 2024, the Securities and Exchange Commission’s (SEC) Division of Investment Management unveiled a new Frequently Asked Question (FAQ) aimed at clarifying the obligations surrounding gross and net Internal Rates of Returns (IRR) in the private markets arena. ACA Global, a GRC solution developer, has offered some guidance highlights the SEC's commitment to ensuring transparency and comparability in performance reporting.

As we head into 2024, the landscape of Governance, Risk, and Compliance (GRC) in the financial sector takes centre stage. FinTech Global, in collaboration with ViClarity's annual trends report, guides you through the critical themes that will shape the industry in the coming year.

SimSpace, a leading company in the realm of high-end cybersecurity from the United States, recently announced the successful closure of an equity round amounting to $45m.

Paysend, a next-generation integrated global payment ecosystem, has partnered with CalQRisk, a governance, risk management and compliance (GRC) solution.

ACA Group, a GRC firm in the financial services market, has made headlines with its strategic move in the regulatory space.