eGRACS Enterprise Risk Management (ERM) Suite unifies risk, control and assurance management enterprise-wide. Enables seamless risk identification, evaluation, mitigation and communication among governance, risk, audit, compliance and security teams located any where at any time.
eGRACS ERM Suite provides a single enterprise-wide risk management solution fully integrated across different functional areas and lines of defense. Sourcing data directly from all functional and assurance areas, eGRACS provides the Single Source of Truth for enterprise-wide risks, controls and compliance.
eGRACS ERM Suite simplifies risk profiling at business process and functional component (e.g. Products, Services, Channels and Systems) levels. Inherent risks and mitigating controls can be defined and ownership assigned for additional actions. eGRACS modules work independently or in combination with other modules to make the entire governance, risk and assurance processes seamless and repeatable.
eGRACS ERM Suite is driven by a common set of controls aligned to enterprise risks and shared by all risk management functions. Integrating data and reports from all assurance sources, eGRACS provides enterprise-level risk visibility and key indicators to help manage and mitigate critical risk, compliance and security issues.
eGRACS ERM Suite automates the process of identifying and managing compliance obligations arising from laws, regulations, industry codes and organisational standards. eGRACS is aligned with industry standards for risk management, such as COSO and ISO31000.