Tag: GRC

How to effectively manage third-party risks

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.

Enhancing compliance: The rise of automation in consumer risk management

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.

Xcelerate secures over $25m in funding to expand GRC and ESG...

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

Understanding SEC’s latest FAQ on performance obligations for private funds

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.

The top four governance, risk & compliance trends to watch in...

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.

L2 Point Management fuels SimSpace’s expansion with $45m investment

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 and CalQRisk forge partnership for enhanced global risk management

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

ACA Group unveils new innovative private fund adviser solutions

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

Uniting GRC and cybersecurity: A strategic imperative for risk management in...

GRC (Governance, Risk, and Compliance) and cybersecurity symbiotically support and reinforce each other in safeguarding an organisation’s digital and regulatory landscapes. Integrating cybersecurity into GRC programmes enables businesses to address risk holistically, encompassing both policy and digital perspectives.

Checklist: 2024 planning – what’s ahead for Your GRC initiatives?

With Q4 only a few days away, your business is probably deep into 2024 planning and budgeting – or will be soon.

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