Our Governance, Risk Management and Compliance (GRmC) Consulting practice provides advisory and implementation services to enable our customers to meet their governance, risk management, and compliance goals. These services are ideal for our clients in Retail and Wholesale Banking and Financial Services industry.
Our GRmC advisory and implementation services span across regulations as well as best practices such as:
Governance, Risk Management & Audits
- SOX Business Controls & IT General Controls
- Information Security (ISO 27001:2005)
- Federal Identity Management
- Segregation of Duties (SoD)
- Role based access control
- Asset management and Compliance
- IT Governance (COBIT)
- Enterprise Risk Management implementation (COSO), etc.
- Operational Risk Management
- Internal Audit & Reporting
Banking and Finance
- Basel II
- Anti Money Laundering (AML)
- FATCA
- Dodd Frank
- EMIR
- BCBS (239)
- SEPA
- MIFID
- Fair Credit Reporting
- Patriot Act
- Volcker Rule
Business Continuity & Disaster Recovery
- Business Continuity Management & Compliance
- BCP Audits
Challenges
Present day focus on stringent corporate governance have increased the challenge for organizations to comply with new and changing regulatory requirements. Every organization, regardless of size, needs to comply with these regulations as well as effectively manage their enterprise risk. The cost and effort to establish, maintain, and prove compliance, are very high and furthermore, end up diverting resources that should be devoted to growing the business.