SEPTEMBER 2017CIOAPPLICATIONS.COM6SEPTEMBER - 01 - 2017GOVERNANCE, RISK AND COMPLIANCE SPECIALVolume 02 - 12Published by ValleyMedia, Inc. To subscribe to CIO ApplicationsVisit www.cioapplications.com Managing EditorJoe PhillipGraphics & ArtJohn ConnorDeclan ColeVignesh KarthigaisamyAssistant Managing EditorLithin ZachariaSenior WritersClara MathewRoyce D'SouzaLeah JaneEditorial StaffBen JacksonDaniel HolmesEzra BenjaminJames SmithNaomi DaleRachel ClarkSalesMarvin Paulmarvin@cioapplications.com510.757.1040Mailing Address:ValleyMedia, Inc.44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.330.5174 Copyright © 2017 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEditorialGRC Architecture to Strengthen Risk and RegulationTwo years back when Sony Pictures Entertainment was attacked by hackers, releasing its confidential data, the whole world was taken aback. This incident brought to attention the menace that is hidden and the lasting repercussions that it can have on an organization. Today, risks are turning into common occurrences, bringing compliance into the center of business--to safeguard their valuable assets. Growing regulatory environment, higher business complexity, and increased focus on accountability have led enterprises to pursue a broad range of governance, risk, and compliance initiatives across the organization. Even though, GRC technology that integrates multi-stakeholder requirements on a single platform is often held out as the holy grail of GRC, should companies be only investing in a single platform to support GRC efforts, especially vendors? A well-defined GRC approach focusing on the right balance between the risk and regulation is the need of the hour. However, to meet increasing demands from regulators and the board, GRC architecture that includes both traditional GRC platforms and new tools is an optimum solution. These tools can pull data from internal systems such as information security and ERPs and retrieve external content such as regulatory content feeds. However, GRC architecture will require tools that collect and consolidate market and credit risks, as well as strategic risks surfaced by BI tools and other analytics--enabling an integrated GRC environment where governance includes performance metrics such as sales and financial results. Within GRC architecture, organizations will be able to build presentation layers that can create better and useful risk indexes based on all relevant source systems--safeguarding the virtual boundaries.Today, the complex regulatory burden imposed upon both executives and IT administrators, the tools provided by GRC software vendors have become increasingly important in meeting the emerging regulations. On that note, we present you "Top 25 Governance, Risk and Compliance (GRC) Technology Providers 2017." These organizations possess clear visions and technical insights that are necessary to ensure that you get the best GRC solutions.Do let us know your thoughts.Joe PhillipManaging Editoreditor@cioapplications.comJoe Phillip
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