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Unlocking the Elusive Potential of a Unified GRC Program

Mike Rasmussen discusses the effects of harmonizing GRC programs through a common reference framework deployable across the enterprise
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The old paradigm of risk and compliance management is a recipe for disaster. Organizations have been reactive, depending on manual or point solutions. This means the business becomes extremely fragmented, forced to manage individual efforts that do not relate to a broader risk and compliance strategy. The result is complexity, redundancy, and failure. The lack of integrated and interrelated information framework leads to burden, inefficiency and ineffectiveness as opposed to agility, efficiency and effectiveness of risk and compliance processes from an integrated GRC programs.

GRC systems and processes aim to provide an integrated picture of Governance, Risk, and Compliance information and processes across the business. This requires an integrated view of GRC business process and technology architecture. An intricate relationship of information from across the organization is the heart of a successful GRC technology strategy. All policies, risks, controls, events, requirements, enterprise assets and processes, responsibilities and objectives interrelate and support each other. When managed in silos, each of these areas brings inefficiency to the risk and compliance processes.

This webinar will provide a high-level overview of the GRC reference framework that includes:

  • GRC Framework : Conceptualizes the interrelationship of GRC-related information that brings agility, efficiency and effectiveness to the entire organization.
  • Enterprise GRC applications: Represents solution areas that span risk and compliance roles and processes that are leveraged across all of them.
  • GRC role and process-specific applications: Describes GRC-role specific applications. These are solutions designed for a specific business role or function to accomplish a specific set of tasks.
  • MetricStream Enterprise GRC platform: Demonstrates the market leading enterprise GRC platform that is currently being adopted by leading Fortune 500 organizations for managing GRC programs globally
Panelists
Michael Rasmussen

Michael Rasmussen - Risk & Compliance Advisor, Corporate Integrity
Michael Rasmussen, is the authority in understanding Governance, Risk, and Compliance (GRC). He is a sought-after keynote speaker, author, and collaborator on GRC issues around the world and is noted for being the first analyst to define and model the GRC market for technology and professional services. With more than 15 years of experience, Michael's objective is to assist organizations in defining GRC processes that are sustainable, consistent, efficient, and transparent.

In June 2007, Treasury & Risk recognized Michael as one of the 100 most influential people in finance with specific accolades noting his work in "Governance and Compliance: Saving the Planet and the Corporation."

Gaurav Kapoor

Gaurav Kapoor - CFO and General Manager, MetricStream
As the CFO and General Manager of MetricStream, Gaurav has worldwide responsibility for Finance, Marketing, Business Development and the ComplianceOnline.com business unit. During his tenure at MetricStream, Gaurav has been instrumental in shaping key strategic initiatives and driving overall financial performance of the company. Gaurav brings nearly a decade of marketing, finance and operating experience with Citigroup and has spent several years in executive operating roles with venture-backed enterprise software and internet companies.

Although the live webinar is scheduled as per US time zones, International participants can register to receive a recorded version within 24 hours of the webinar
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