Ecuador-Based Banco Pichincha Chooses MetricStream GRC Cloud for Business Continuity Management

The largest private bank in Ecuador, Banco Pichincha, has selected MetricStream to provide a multi-lingual cloud-based solution for Business Continuity Management (BCM). MetricStream’s solution will help minimize the impact of business disruptions as well as aid in crisis and incident management planning by streamlining and automating the BCM lifecycle. It will also provide an integrated framework to collaboratively manage all BCM processes, including Business Impact Analysis (BIA), Business Continuity Planning…

Only 24% of top companies have risk management committees: Grant Thornton

The report finds that 77% of banking and financial services sector companies having a risk-management committee Only 24 of the top 100 Indian companies by market capitalization have formed risk management committees on their boards, according to the Governance Observer report from consulting firm Grant Thornton. While enterprise risk management was not mandatory according to the Companies Act of 1956, in the 2013 law, the board and audit committees have…

Misys Increases Its Dominance in the 2014 Risk Technology Rankings As the Overall Winner in Enterprise-wide Risk Management

Misys Overall winner for market, credit, counterparty, liquidity, aggregation and Basel III and first place in eight other categories Misys, the global leader in financial services software, has been honoured with the overall winner in the enterprise-wide risk management, according to the 2014 Risk Technology Rankings. The first place position underscores the ability of Misys to enable clients to respond to all regulatory compliance and reporting requirements. The company has…

Announcing the MetricStream GRC Summit 2015 in Washington DC

The highly anticipated MetricStream GRC Summit 2015 will bring together GRC executives, analysts, and practitioners as well as several distinguished CEOs, board directors and government officials. The MetricStream GRC Summit, the industry’s foremost conference for Governance, Risk, and Compliance executives, analysts, and practitioners, will be hosted by MetricStream from May 11-13, 2015 at the Ritz Carlton – Pentagon City in Arlington, Virginia (Washington DC area). The must-attend GRC conference of…

The three steps you should take to avoid a costly data fine

The increase in corporate mobile device use, fuelled by Bring Your Own Device (BYOD) and advances in technology, means there are many more ways in which data can be lost, whether through employee mistakes or malicious theft and sale of confidential information. As a result, GRC (Governance, Risk and Compliance) is one of the biggest issues facing companies at the moment. Unfortunately, the average business hasn’t realised this and remaining…