GRC platform of the year: Wolters Kluwer

The challenge for GRC for many companies has been to move from a collection of legacy systems, silos and spreadsheets to a unified approach. We recognise Wolters Kluwer’s contribution to this area

Formalised platforms have been steadily replacing ad hoc collections of spreadsheets, memos and meetings as a means of measuring and monitoring three key areas of a financial institution's operations: governance, risk and compliance, or GRC. Because the three aspects have become more and more intertwined in the face of what seems like never-ending regulatory obligations, financial institutions are favouring a holistic approach over the traditional, pre-crisis siloed approach to recording and