Over the past several years, the massive and sweeping changes in the regulatory environment have forced financial services organizations to focus their attention and efforts toward ensuring their internal controls adequately capture all applicable laws & regulations.
So many firms are still struggling with the methodology and infrastructure required to effectively execute on these demands. Organizations implementing a Governance, Risk and Compliance (“GRC”) solution often misunderstand and underestimate the requirements and complexity of a successful GRC undertaking, often thinking that once they have access to regulatory intelligence and content – their problems are solved. This couldn’t be further from the truth…
CRC quickly recognized the “gap” in organizational thinking and failure to adequately plan / budget for internal regulatory mapping efforts and created a regulatory mapping support model that addresses this gap. Download the following service spotlight to learn more about the CRC support model:
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