GRC - the hot new operational risk product
MEASUREMENT
Top-tier banks are already well aware of the benefits of this holistic approach to good governance, and most have at least begun to adopt a more integrated approach. But that is easy to do for large corporations with a substantial budget to employ larger and more expensive systems.
For middle-tier financial services organisations, however, in an attempt to limit costs and to adhere to company policies of complying with only the minimum regulatory requirements, a more fragmented, piecemeal
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