To Minimize Risks
- Reduce IT security risks with our business-driven approach.
- Prioritize threats, map policies, and manage vulnerabilities.
- Policy, Risk, Vulnerability, and Incident Management unified for holistic protection.
Governance, Risk and Compliance Solutions, Services & Consultation in Middle East
Take the Leap from GRC Uncertainty to
Peace of Mind with Paramount
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91% of Middle East businesses say compliance pressures take up a significant proportion of time and resources
Accelerated digital transformation and associated risks combined with the rapidly evolving regulatory environment is increasing compliance pressures for businesses in the Middle East.
Find out how robust your GRC framework is.
Get an assessment today
In today's volatile landscape, breaches, disruptions, and non-compliance can result in severe business implications (fines, penalties and brand repute).
This is where GRC can help you build the right defense. With Paramount, say goodbye to silos, manual tasks, and complexity. Through automation, unification, and empowerment, we pave the way for risk reduction and business success.
How does Paramount GRC platform help?
Automate in hours
Eliminate excel sheets, manual collection of data, and documents
Get real time insights
Access all reports from a single source
Collaborate better
Gain enhanced risk visibility and identify artifacts easily
Bespoke GRC Solutions
To Minimize Risks
Third Party Governance
- Identify, assess, monitor, and manage vendors across your entire enterprise.
- Gain a clear picture of risk and prioritize based on business impact.
- Protect your business from performance and security vulnerabilities with comprehensive third-party management.
Audit Management
- Take control of your audits.
- Streamline workflows, report efficiently, and boost governance.
- Manage every stage, from planning to reporting, with centralized libraries and best practices.
Business Resiliency
- Align risks, plans, and response in one platform. React faster, minimize disruption, and safeguard operations.
- Identify critical processes and prioritize recovery efforts.
- Track, manage, and report on incidents with prebuilt workflows.
- Centralize plans, track progress, and ensure alignment with business goals.
Enterprise & Operational Risk Management
- Gain a single, actionable view of your risk landscape.
- Prioritize effectively, allocate resources efficiently, and transform risk management into a competitive advantage.
- Reduce negative events, seize opportunities, and achieve goals.
Regulatory & Corporate Compliance Management
- Assess the impact of every regulation.
- Build and manage your program.
- Get standardized control assurance with our robust taxonomy and comprehensive reporting.
- Breathe easy knowing your Pil is in good hands with our GDPR-compliant data governance tools.
- Privacy program management and communication tracking to keep you informed.
Why Governance, Risk, and Compliance (GRC) Is Critical for Modern Businesses
Governance, Risk, and Compliance (GRC) is critical for modern businesses as it provides a structured framework that aligns organizational activities with business objectives while ensuring adherence to regulatory requirements. In an increasingly complex and interconnected global market, companies face a myriad of risks ranging from regulatory scrutiny, cybersecurity threats, and operational inefficiencies. By implementing a GRC framework, businesses can foster a culture of accountability, streamline processes, and enhance decision-making. This alignment not only helps organizations mitigate risks effectively but also drives strategic initiatives that enhance overall performance across various industries, including finance, healthcare, technology, and manufacturing.
Without a robust GRC framework, businesses can encounter significant challenges that hinder their growth and sustainability. The absence of an effective governance risk and compliance solution can lead to misalignment between strategic goals and operational practices, resulting in wasted resources and missed opportunities. Moreover, the lack of a coordinated risk management approach can expose organizations to unforeseen vulnerabilities, leading to financial losses and reputational damage. Compliance failures, often stemming from inadequate oversight, can result in severe penalties and legal repercussions. In essence, without GRC, businesses may struggle to navigate the complexities of today’s regulatory environment, leaving them ill-equipped to respond to risks and capitalize on opportunities in a timely manner.
Comprehensive Governance, Risk, and Compliance Services
Our GRC Solutions include: Functional advisory on GRC, implementation of the Archer GRC tool, managed support services, health assessments of the GRC system (Archer), and revamp/modernization of the GRC tool to align with current industry practices, tool installation & upgrade (Archer)
Enhance Efficiency and Compliance with GRC Services
Improved Risk Management Practise , Enhanced compliance, increased Effeciency & collaboration , Informed decision making
Why choose Paramount for GRC?
Paramount simplifies the process of implementing a comprehensive GRC program.
Market Knowledge
With 26 specialists, we have one of the largest pool of GRC experts.
Our in-depth understanding of the market has resulted in an approach that emphasizes practicality and incorporates the best practices.
Single Source of Truth
Our tailor made GRC solutions align with the current maturity level of the customer and helps to evolve to an integrated system rather siloed spreadsheets and applications.
Real-time Risk Reporting
Our advanced solutions give customers the visibility, insights, and actions they need to limit risk while making your GRC efforts more efficient.
Case Studies
Enhanced & Streamlined GRC Program
Full case studyBrochure Download
Value-Driven Cybersecurity
Download NowHow do we work?
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Define
Current state assessment Engage with stakeholders for optimal solutions
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Design
Customize platform to suit business requirement. Document the business requirement
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Development
Customized configuration POC demo – Progress in an agile fashion.
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Deploy
Review, test & validate. Integrate legacy data. Go live
Frequently Asked Questions
GRC refers to an integrated approach to manage multiple programs related to Governance, Risk and Compliance. Managing these programs in silos can be inefficient and time-consuming for an organization. An integrated GRC helps organizations to successfully achieve their regulatory objectives.
Being a service provider in the Middle East for more than 30 years, our experience coupled with best in-market GRC solutions allows us to provide our customers with the most efficient approach of managing governance, risk and compliance aligned to their business objectives.
All GRC solutions implemented by Paramount are tailored to customer requirements, making it an unique and most aligned GRC implementation.
Since most of our clients are based in the Middle East, it is important for us to understand and adhere to the region’s compliance regulations. Our experts simplify compliance requirements, ensuring clear communication with clients.
We cater to all industries ranging from Banking, Finance , Oil & Gas, Government , Hospitality, Healthcare, to name a few.
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Our dedicated team is committed to providing you with prompt and personalized support. Feel free to reach out to us, and we'll get back to you as soon as possible.
