Pivoting the way you approach GRC is delivered by iSwarmGRC’s innovative Corporate Governance, Enterprise Risk Management and Compliance Management software. iSwarmGRC is for leaders who know what they stand for and why they stand for it.
Enterprise Risk Management - GRC as a practiceDavid Daniel
Risk management forms the core of many disciplines: compliance management, business continuity planning and disaster recovery.
The key to GRC is knowing how, when, where and just exactly how much to apply.
Additionally, Risk Management is a practice that matures and grows within the enterprise - always increasing its ability to respond and build resilience.
This document discusses a research project conducted by a Rural Clinical School investigating the prevalence of Malignant Hyperthermia in a local community. The project aimed to determine the population at risk, assist in building family genetic pedigrees, and evaluate genetic testing as a screening tool. It engaged the local community and medical centers, recruited 66 family members for testing, and found no known mutations though previous testing was unclear for many. The Rural Clinical School facilitated the research by linking the community to specialized medical facilities.
Integrated Assurance, 17 May 2016, Mark Palmer, APM Assurance Specific Interest Group, Integrated Assurance - how to achieve it real organisations conference
This document discusses the Basel Committee on Banking Supervision (BCBS) 239 principles for effective risk data aggregation and risk reporting (RDARR). Some key points:
- BCBS 239 aims to enhance banks' ability to identify and manage firm-wide risks by improving data aggregation capabilities and risk reporting, especially during a crisis.
- It applies not just to globally systemic banks but also domestic systemically important banks. Banks face an aggressive timeline for compliance, with globally systemic banks required to implement the principles in full by early 2016.
- Failure to comply could result in regulatory penalties, increased capital charges, and reputational risks. Compliance also provides opportunities to unlock strategic value across the organization through better risk management
The document discusses SAP's Sustainability Performance Management (SuPM) software. SuPM allows companies to manage sustainability data, track key performance indicators, and produce reports aligned with Global Reporting Initiative (GRI) standards. It offers pre-loaded GRI indicators, flexibility to modify metrics, and centralized long-term data storage. SuPM helps companies strategically manage and communicate sustainability performance to stakeholders.
This document discusses the value of governance, risk, and compliance (GRC) initiatives for organizations. It notes that increased regulations, data security risks, and a competitive environment are driving organizations to better manage their data and risks through GRC programs. However, implementing GRC solutions can be challenging due to their technical nature and perceiving them only as reactive compliance tools. The document aims to show GRC as strategic, enterprise-wide initiatives that integrate compliance, risk management, and other business functions to provide long-term business advantages beyond just meeting regulations.
This document discusses the value of governance, risk, and compliance (GRC) initiatives for organizations. It notes that increased regulations, data security risks, and a competitive environment are driving organizations to better manage their data and risks through GRC programs. However, implementing GRC solutions can be challenging due to their technical nature and perceiving them only as reactive compliance tools. The document aims to show GRC as strategic, enterprise-wide initiatives that integrate compliance, risk management, and other business functions to provide long-term business advantages beyond just meeting regulations.
Enterprise Risk Management - GRC as a practiceDavid Daniel
Risk management forms the core of many disciplines: compliance management, business continuity planning and disaster recovery.
The key to GRC is knowing how, when, where and just exactly how much to apply.
Additionally, Risk Management is a practice that matures and grows within the enterprise - always increasing its ability to respond and build resilience.
This document discusses a research project conducted by a Rural Clinical School investigating the prevalence of Malignant Hyperthermia in a local community. The project aimed to determine the population at risk, assist in building family genetic pedigrees, and evaluate genetic testing as a screening tool. It engaged the local community and medical centers, recruited 66 family members for testing, and found no known mutations though previous testing was unclear for many. The Rural Clinical School facilitated the research by linking the community to specialized medical facilities.
Integrated Assurance, 17 May 2016, Mark Palmer, APM Assurance Specific Interest Group, Integrated Assurance - how to achieve it real organisations conference
This document discusses the Basel Committee on Banking Supervision (BCBS) 239 principles for effective risk data aggregation and risk reporting (RDARR). Some key points:
- BCBS 239 aims to enhance banks' ability to identify and manage firm-wide risks by improving data aggregation capabilities and risk reporting, especially during a crisis.
- It applies not just to globally systemic banks but also domestic systemically important banks. Banks face an aggressive timeline for compliance, with globally systemic banks required to implement the principles in full by early 2016.
- Failure to comply could result in regulatory penalties, increased capital charges, and reputational risks. Compliance also provides opportunities to unlock strategic value across the organization through better risk management
The document discusses SAP's Sustainability Performance Management (SuPM) software. SuPM allows companies to manage sustainability data, track key performance indicators, and produce reports aligned with Global Reporting Initiative (GRI) standards. It offers pre-loaded GRI indicators, flexibility to modify metrics, and centralized long-term data storage. SuPM helps companies strategically manage and communicate sustainability performance to stakeholders.
This document discusses the value of governance, risk, and compliance (GRC) initiatives for organizations. It notes that increased regulations, data security risks, and a competitive environment are driving organizations to better manage their data and risks through GRC programs. However, implementing GRC solutions can be challenging due to their technical nature and perceiving them only as reactive compliance tools. The document aims to show GRC as strategic, enterprise-wide initiatives that integrate compliance, risk management, and other business functions to provide long-term business advantages beyond just meeting regulations.
This document discusses the value of governance, risk, and compliance (GRC) initiatives for organizations. It notes that increased regulations, data security risks, and a competitive environment are driving organizations to better manage their data and risks through GRC programs. However, implementing GRC solutions can be challenging due to their technical nature and perceiving them only as reactive compliance tools. The document aims to show GRC as strategic, enterprise-wide initiatives that integrate compliance, risk management, and other business functions to provide long-term business advantages beyond just meeting regulations.
Gillum Strategy Partners outlines a 6-step process for developing business scenario plans to prepare for potential impacts from the COVID-19 pandemic. The process involves: 1) defining a range of impact scenarios for different business segments and geographies; 2) building financial projections for each scenario; 3) determining trigger points for actions based on scenario impacts; 4) developing action plans for each trigger point; 5) monitoring the situation and refining plans/projections weekly; and 6) alerting management when trigger points are approached. The goal is to enable quick decision making, cash preservation, and emerging from downturns in a strong position.
Thoughts On Business Scenario Planning - Gillum Strategy PartnersBrad Gillum
The document discusses scenario planning for businesses to plan for potential impacts of COVID-19. It recommends that companies develop a range of scenarios based on their business, build financial models to assess the impact of each scenario, determine trigger points for actions, and create action plans. It also suggests setting up a program management office to monitor the situation and refine plans on a weekly basis. The goal is to enable quick decision making, cash preservation, and positioning the company for recovery.
The document discusses managing risks and ensuring compliance through an integrated governance, risk, and compliance (GRC) system. It notes that currently, many organizations have fragmented and duplicative risk management and compliance initiatives to address different regulations. An integrated GRC system can help by centralizing risk mapping and controls, automating monitoring, and providing insights to support decision-making and compliance. This unified approach helps reduce costs while improving risk oversight and compliance.
SAP GRC Risk Management, Process Control, and Access Control provide integrated governance, risk, and compliance management capabilities. They help create improved visibility of risks, lower the cost of risk management through automation, and increase efficiencies. SAP GRC Risk Management provides holistic risk visibility and intelligence. SAP GRC Process Control offers centralized controls management and testing. SAP GRC Access Control enables sensitive access and segregation of duties management. Together they support an integrated approach to GRC.
Learn how to reduce financial fraud and improve risks management. What are the most common risks for activities and business processes? How a SoD repository is commonly set up? Learn the top 3 SoD conflict types and how to implement a methodology in order to leverage your SAP governance.
Main points covered:
• How to reduce financial fraud and improve risks management
• What are the most common risks for activities and business processes?
• How a SoD repository is commonly set up?
• Learn the top 3 SoD conflict types
Presenter:
The webinar was presented by M. Roseau, director of business development for In Fidem, a Canadian company based in Montreal, Quebec.
Link of the recorded session published on YouTube: https://youtu.be/bRsiWx2NodA
There are many mandates being proposed that could change the disclosure when it comes to financial and non-financial information. The mandates are led by GRI -https://www.globalreporting.org/information/Pages/Reporting-2025.aspx
The presentation will cover the following areas:
1. Regulatory Filing
2. Real-time data reporting
3. Big Data
4. Sustainability Reporting
5. Risk Management
Sources:
1. Deloitte - https://www.globalreporting.org/information/Pages/Reporting-2025.aspx
2. https://www.globalreporting.org/information/news-and-press-center/Pages/GRI-predicts-new-formats-for-sustainability-reporting-and-real-time-stakeholder-interaction.aspx
3. http://www.triplepundit.com/2016/03/next-era-corporate-disclosure-digital-responsible-interactive/
The document discusses SAP Business Objects Planning and Consolidation for streamlined planning, budgeting, forecasting and financial close. It introduces Gary Obbes from IBM Financial Management Consulting Services and Les Smith from SAP Business Objects Centre of Excellence. The document also highlights gaps in finance effectiveness from an IBM CFO study and discusses the changed economic and technological environment requiring faster decisions, analysis and budgeting which exceeds spreadsheet limits. It notes industry trends in corporate performance management solutions.
Dynamic Stress Testing for an Insurance Company: Brian Rhoads, Practice Leade...Graham Jones
The document discusses dynamic stress testing for an insurance company. It describes defining stress testing frameworks that identify extreme yet plausible scenarios and model how the company and economy may change over time in response. It emphasizes integrating stress testing throughout the organization to evaluate risks, opportunities, and contingency plans under various scenarios. The summary concludes that dynamic stress testing broadens risk perspectives and should be a continuously evolving and sustainable process complementary to other risk management activities.
The document discusses dynamic stress testing for an insurance company. It defines dynamic stress testing as evaluating the impact of extreme yet plausible scenarios over time as the insurance products, company balance sheet, and economic environment evolve. It emphasizes that stress testing can initiate important conversations about risks and opportunities and is increasingly recognized in the industry as a key component of enterprise risk management. Finally, it outlines best practices for implementing a credible and sustainable stress testing process.
Nicolas Schobinger | Business Transformation Academy - Post Merger Integratio...Nicolas Schobinger
This presentation was given to the European Business Transformation Conference, an event of the Business Transformation Academy (www.bta-online.com). The overall topic of the event was “Post-Merger Integration”, which is one of the main triggers for business transformation.
The case study presented is the one of SAP's own integration of acquired BusinessObjects. The presenter was leading the worldwide PMO for the Day 1 PMI phase.
Ruben Melendez - Economically Justifying IT Security Initiativescentralohioissa
This presentation discusses frameworks for justifying IT security initiatives and demonstrating their business value. It introduces the Enterprise Value Creation (EVC) framework, which includes principles, stages, and enabling tools for dynamic, collaborative value management. The EVC framework advocates using a Business Value Plan approach rather than just a business case to proactively plan and track value realization over the initiative lifecycle. It provides examples of how tools like the EVC matrix and urgency analysis can be used to assess needs, risks, and pace of initiatives.
Patrick Potter, a GRC strategist for RSA Archer, gave a presentation on applying enterprise risk management to business continuity management efforts. He discussed how business continuity programs often have risk assessment processes that are not aligned with other risk groups like ERM and internal audit. The presentation provided an example of a large financial company with this issue. It also covered risk management frameworks and standards, demonstrating how RSA Archer can help organizations integrate risk management across different functions.
This document provides an agenda and overview for a presentation on interest rate risk modeling and management. It discusses supervisory expectations, capabilities of the ALM5 tool, how the tool can be used for risk management versus compliance, key issues in interest rate risk architecture, and concludes with a summary review. The presentation aims to help financial institutions better understand balance sheet management and interest rate risk modeling.
This presentation provided an overview of the tools and techniques now being used to improve the efficiency of the construction sector and deliver more for less.
This document provides an agenda and summaries for a presentation by Paul Young on the topics of close, consolidate and reporting cycles. The presentation covers Paul's background and areas of expertise. It then outlines trends in accounting for 2022 related to employee expectations, regulatory scrutiny, and inflation. Other topics on the agenda include continuous reporting, accounting trends for 2022, technology improvements for organizations, and challenges for chief financial officers. Risk management, internal audit, artificial intelligence, virtual close cycles, and supply chain issues are also discussed.
Paul Young is a CPA and expert in several areas including close, consolidate and reporting cycle, risk management, ESG reporting, data strategy, and emerging technologies. The document discusses key focus areas for CFOs such as automation, remote work, ESG reporting, and upskilling. It also covers challenges for accounting like regulatory filing issues, time to close, pain points in the close cycle, and the move to continuous accounting. New technologies like AI, cloud solutions, and analytics can help address these issues.
The document is a newsletter from LINKIES. Unternehmensberatung GmbH, a management consulting firm. It discusses the company's enterprise risk management and corporate governance services, which help clients comprehensively address strategic, financial, operational and other risks. The newsletter also provides an overview of LINKIES' global presence and introduces its headquarters in Leipzig, Germany.
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Similar to iSwarmGRC - Software Powered. Collectively Evolved.
Gillum Strategy Partners outlines a 6-step process for developing business scenario plans to prepare for potential impacts from the COVID-19 pandemic. The process involves: 1) defining a range of impact scenarios for different business segments and geographies; 2) building financial projections for each scenario; 3) determining trigger points for actions based on scenario impacts; 4) developing action plans for each trigger point; 5) monitoring the situation and refining plans/projections weekly; and 6) alerting management when trigger points are approached. The goal is to enable quick decision making, cash preservation, and emerging from downturns in a strong position.
Thoughts On Business Scenario Planning - Gillum Strategy PartnersBrad Gillum
The document discusses scenario planning for businesses to plan for potential impacts of COVID-19. It recommends that companies develop a range of scenarios based on their business, build financial models to assess the impact of each scenario, determine trigger points for actions, and create action plans. It also suggests setting up a program management office to monitor the situation and refine plans on a weekly basis. The goal is to enable quick decision making, cash preservation, and positioning the company for recovery.
The document discusses managing risks and ensuring compliance through an integrated governance, risk, and compliance (GRC) system. It notes that currently, many organizations have fragmented and duplicative risk management and compliance initiatives to address different regulations. An integrated GRC system can help by centralizing risk mapping and controls, automating monitoring, and providing insights to support decision-making and compliance. This unified approach helps reduce costs while improving risk oversight and compliance.
SAP GRC Risk Management, Process Control, and Access Control provide integrated governance, risk, and compliance management capabilities. They help create improved visibility of risks, lower the cost of risk management through automation, and increase efficiencies. SAP GRC Risk Management provides holistic risk visibility and intelligence. SAP GRC Process Control offers centralized controls management and testing. SAP GRC Access Control enables sensitive access and segregation of duties management. Together they support an integrated approach to GRC.
Learn how to reduce financial fraud and improve risks management. What are the most common risks for activities and business processes? How a SoD repository is commonly set up? Learn the top 3 SoD conflict types and how to implement a methodology in order to leverage your SAP governance.
Main points covered:
• How to reduce financial fraud and improve risks management
• What are the most common risks for activities and business processes?
• How a SoD repository is commonly set up?
• Learn the top 3 SoD conflict types
Presenter:
The webinar was presented by M. Roseau, director of business development for In Fidem, a Canadian company based in Montreal, Quebec.
Link of the recorded session published on YouTube: https://youtu.be/bRsiWx2NodA
There are many mandates being proposed that could change the disclosure when it comes to financial and non-financial information. The mandates are led by GRI -https://www.globalreporting.org/information/Pages/Reporting-2025.aspx
The presentation will cover the following areas:
1. Regulatory Filing
2. Real-time data reporting
3. Big Data
4. Sustainability Reporting
5. Risk Management
Sources:
1. Deloitte - https://www.globalreporting.org/information/Pages/Reporting-2025.aspx
2. https://www.globalreporting.org/information/news-and-press-center/Pages/GRI-predicts-new-formats-for-sustainability-reporting-and-real-time-stakeholder-interaction.aspx
3. http://www.triplepundit.com/2016/03/next-era-corporate-disclosure-digital-responsible-interactive/
The document discusses SAP Business Objects Planning and Consolidation for streamlined planning, budgeting, forecasting and financial close. It introduces Gary Obbes from IBM Financial Management Consulting Services and Les Smith from SAP Business Objects Centre of Excellence. The document also highlights gaps in finance effectiveness from an IBM CFO study and discusses the changed economic and technological environment requiring faster decisions, analysis and budgeting which exceeds spreadsheet limits. It notes industry trends in corporate performance management solutions.
Dynamic Stress Testing for an Insurance Company: Brian Rhoads, Practice Leade...Graham Jones
The document discusses dynamic stress testing for an insurance company. It describes defining stress testing frameworks that identify extreme yet plausible scenarios and model how the company and economy may change over time in response. It emphasizes integrating stress testing throughout the organization to evaluate risks, opportunities, and contingency plans under various scenarios. The summary concludes that dynamic stress testing broadens risk perspectives and should be a continuously evolving and sustainable process complementary to other risk management activities.
The document discusses dynamic stress testing for an insurance company. It defines dynamic stress testing as evaluating the impact of extreme yet plausible scenarios over time as the insurance products, company balance sheet, and economic environment evolve. It emphasizes that stress testing can initiate important conversations about risks and opportunities and is increasingly recognized in the industry as a key component of enterprise risk management. Finally, it outlines best practices for implementing a credible and sustainable stress testing process.
Nicolas Schobinger | Business Transformation Academy - Post Merger Integratio...Nicolas Schobinger
This presentation was given to the European Business Transformation Conference, an event of the Business Transformation Academy (www.bta-online.com). The overall topic of the event was “Post-Merger Integration”, which is one of the main triggers for business transformation.
The case study presented is the one of SAP's own integration of acquired BusinessObjects. The presenter was leading the worldwide PMO for the Day 1 PMI phase.
Ruben Melendez - Economically Justifying IT Security Initiativescentralohioissa
This presentation discusses frameworks for justifying IT security initiatives and demonstrating their business value. It introduces the Enterprise Value Creation (EVC) framework, which includes principles, stages, and enabling tools for dynamic, collaborative value management. The EVC framework advocates using a Business Value Plan approach rather than just a business case to proactively plan and track value realization over the initiative lifecycle. It provides examples of how tools like the EVC matrix and urgency analysis can be used to assess needs, risks, and pace of initiatives.
Patrick Potter, a GRC strategist for RSA Archer, gave a presentation on applying enterprise risk management to business continuity management efforts. He discussed how business continuity programs often have risk assessment processes that are not aligned with other risk groups like ERM and internal audit. The presentation provided an example of a large financial company with this issue. It also covered risk management frameworks and standards, demonstrating how RSA Archer can help organizations integrate risk management across different functions.
This document provides an agenda and overview for a presentation on interest rate risk modeling and management. It discusses supervisory expectations, capabilities of the ALM5 tool, how the tool can be used for risk management versus compliance, key issues in interest rate risk architecture, and concludes with a summary review. The presentation aims to help financial institutions better understand balance sheet management and interest rate risk modeling.
This presentation provided an overview of the tools and techniques now being used to improve the efficiency of the construction sector and deliver more for less.
This document provides an agenda and summaries for a presentation by Paul Young on the topics of close, consolidate and reporting cycles. The presentation covers Paul's background and areas of expertise. It then outlines trends in accounting for 2022 related to employee expectations, regulatory scrutiny, and inflation. Other topics on the agenda include continuous reporting, accounting trends for 2022, technology improvements for organizations, and challenges for chief financial officers. Risk management, internal audit, artificial intelligence, virtual close cycles, and supply chain issues are also discussed.
Paul Young is a CPA and expert in several areas including close, consolidate and reporting cycle, risk management, ESG reporting, data strategy, and emerging technologies. The document discusses key focus areas for CFOs such as automation, remote work, ESG reporting, and upskilling. It also covers challenges for accounting like regulatory filing issues, time to close, pain points in the close cycle, and the move to continuous accounting. New technologies like AI, cloud solutions, and analytics can help address these issues.
The document is a newsletter from LINKIES. Unternehmensberatung GmbH, a management consulting firm. It discusses the company's enterprise risk management and corporate governance services, which help clients comprehensively address strategic, financial, operational and other risks. The newsletter also provides an overview of LINKIES' global presence and introduces its headquarters in Leipzig, Germany.
Similar to iSwarmGRC - Software Powered. Collectively Evolved. (20)
2. What would you do differently?
Think about it…
…if you could redo some of your risk program
implementations, given what you know today,
what would you do differently?
3. List of ‘Do‐overs’
Would you…
! Build in more scalability and less effort?
! Re‐distribute and increase accountability?
! Re‐visit your risk profile strategy?
4. Today…more incoming
Years
Incoming 9 10 11 12 13 14 15 16 17 18 19 20 Beyond
S&P ERM S&P to evaluate the extent of the approach to risk
Evaluations management holistically ‐ Summer 2009 and beyond
IFRS Risk IFRS new requirements for segment reporting
Management
‘Operating Segments’ July 2009 and beyond
Environmental
Risk Policy
Waxman‐Markey Bill (HR 2454)– Climate Change
Impact as early as 2013
G20 New
Financial
Regulations
G20 Review of More Rigorous Financial Regulations – New or
changed existing regulations are still part of the discussion
Basel II
Enhancements
Basel II Accord Enhancements July 2009 and beyond
6. iSwarmGRC™
Any risk, any where, any time
Direction, Track
Reports & &
Dashboards Monitor
Corporate
GRC
Repository
Predict Correlate
& &
Plan Analyze
7. To Learn More about iSwarmGRC’s Advantages:
Visit our website: iSwarmSolutions.com
Email: Susan.Smith@iSwarmSolutions.com
Skype: Susan.Smith.iSwarm
Check us out on YouTube:
http://www.youtube.com/watch?v=M26cVG‐sNGw