Governance, Risk Management, and Compliance (GRC) are three pillars that work together for the purpose of assuring that an organization meets its objectives through effective utilization of people, process and technology.
Once an organization reaches a particular size, coordinated control over GRC activities is required to operate effectively. Sustaining an IT or Information Security GRC program with evolving governance needs changing risk landscape and multiple compliance requirements, which can be a challenge for most enterprises.
Paramount has devised a strategic advisory that initiates organizations to understand that GRC begins with a business centric approach and not in association with any solution or Tool.
IT AND eGRC
The process of effective implementation of eGRC involves ensuring a company is complying with all regulations by managing and planning for risks, and that governance, both in terms of people and processes, is being monitored and controlled.
Our eGRC solutions provides deep insight into enterprise wide risk and compliance activities. The aim with this model is to enable organisations to adapt to new regulatory challenges proactively while maintaining business continuity. Our solutions cover Internal Audit Management, IT Governance and Risk, Operational Risk Management and Policy and compliance management.