This leading GRC conference cum exhibition organised by Falcon Business Research will take place on 18-October-2016 - 19-October 2016 Dubai, United Arab Emirates
Governance, Risk Management, and Compliance (GRC) are three pillars that work together for the purpose of assuring that an organization meets its objectives. There are a lot of moving parts in any organization. For most companies, the challenge of juggling the needs of the business itself is intensified by a variety of government and third-party mandates that dictate requirements the organization must comply with. Organizations need tools and processes to effectively manage it all.
Governance, Risk, and Compliance (GRC) isn’t just about IT, either. Businesses face risks and compliance requirements in other areas that have nothing to do with computer security or data protection. There is a trend, though, of merging the two together. Organizations are starting to understand that IT is a part of the business, and IT is beginning to grasp that it must fit in with and facilitate business processes.
A solid GRC tool helps an organization operate more efficiently. It can automate routine work flow, assign accountability for specific tasks, facilitate collaboration across business units, and provide visibility of the big picture to give management a view of the risks the business is exposed to, as well as how different controls, objectives, and processes integrate with one another and what their impact is on crucial business processes.
A GRC platform is particularly valuable for managing compliance with multiple, overlapping requirements and exploring “what-if” scenarios. Before changing a policy, the GRC tool can show what the domino effect would be and how it may adversely affect risk or compliance. Armed with this information, businesses can make smarter decisions and focus on productivity instead of spinning wheels just trying to manage risk and compliance.
Security and data protection are really just a matter or risk management, and compliance mandates are not going to fade away any time soon. Governance, risk, and compliance will continue to play a crucial role, so it makes sense to implement a GRC tool that can reduce the complexity and enable organizations to focus on running the business.
The event aims to serve as a valuable learning experience, with high-level talks, practical case studies, stimulating discussions, networking events, and an interactive workshop. The event will provide an overview of the current local and international trends and challenges, as well as presentations on more niche issues.
Join fellow Governance, Risk, Compliance, Audit, Revenue Assurance and Fraud Management professional at 3rd Annual Governance Risk & Compliance Summit to be held in Dubai on 18th and 19th October 2016, and benefit from their collective experiences and insights, and in depth discussions, knowledge sharing sessions & interactive case studies and workshops.