GRC services are primarily about governance, risk, and compliance. However, GRC strategies go beyond that. GRC revolves around every capability required to support principled performance at different levels of an organization. The capabilities can include the following:
● The tasks performed by internal audit, HR, finance, IT, risk, compliance, legal, and other departments.
● The tasks performed by the executive suite, the lines of business, and the board itself.
● The outsourced work performed by other parties
Mphasis offers solutions to businesses to tackle risks and prevent compliance violations. The anti-money laundering services from Mphasis ensure that financial risks and crimes can be prevented.
Mphasis also acts as a cybersecurity service provider and prevents obstacles to a business. They are able to harness the potential of cognitive technologies to introduce necessary security intelligence. They have decades of experience in managing security services for clients.
Read more ”GRC Strategies in a Business: Trends and Challenges”
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