END TO END CONSIDERATIONS FOR GOVERNANCE, RISK AND COMPLIANCE (GRC) TECHNOLOGY SOLUTIONS FOR MID-MARKET BANKS AND CREDIT UNIONS
- Allan Cuttle
Published: 10 March 2021
As banks and credit unions (Organizations) continue to enhance and evolve their risk and compliance frameworks, there comes a time when the conversation moves to “do we need technology to make the process more effective and efficient.” This is always a tricky moment because if an organization moves too fast towards implementing GRC technology without having thought-out or completed their internal frameworks, this can result in conflicts, confusion, and a potentially unsuccessful implementation. Governance, Risk and Compliance (GRC) solutions are never the ‘silver bullet’ to a robust risk and compliance program!