The rise of Governance, Risk and Compliance (GRC) software platforms over the past decade has been remarkable. What were once business disciplines that ticked along independently from the rest of the organisation, are now central to everything and amongst the most important functions in a business.

Staying on top of governance requirements, managing and mitigating risk and ensuring compliance, are all interconnected and taken extremely seriously by the smartest organisations. They all have the foresight to understand the benefits to business and acknowledge the need to invest in the right tools to ensure governance, risk and compliance functions all operate to the best of their ability.

Since the General Data Protection Regulation (GDPR) came into force in May 2018, we have been in somewhat of a holding zone. The European Union (EU) was never going to issue a major fine in the first few months, preferring instead to give organisations the chance to fully ready themselves for GDPR and to err on the side of leniency.
But news this month (January 2019) that Google is to be fined 50 million euros by the French data regulator CNIL, for a breach of the EU’s data protection rules, signals that the holding pattern is over and the EU is ready to get tough with organisations found to be non-compliant with GDPR.
What are the consequences of Google’s GDPR penalty and what can be done if an organisation is still not GDPR-ready?

Cybercrime has grown ever more professional and organised over the past decade. The last few years especially have seen a number of high profile cyberattacks, where the ability, professionalism and sophistication of hackers has outweighed most companies’ ability to defend themselves.
That’s to say that they aren’t trying though. Cybersecurity is now a major industry, whose sheer size and growth would outstrip the GDP of many countries.

But as well as being unable to defend themselves effectively, many organisations also struggle to even quantify the impact of such risks, leaving them more vulnerable than ever. What cybersecurity threats and trends will we see in 2019 and how best can organisations defend against them?

Increased regulation, increased risks with the advent of new technologies … internal audit is gaining importance within companies. But to achieve its revolution, the internal audit function needs to become more digital.

On November 15 and 16, 2018, at the Beffroi de Montrouge, come and contribute to the discussions on the evolution of the GRC profession and risk management as a whole.

As a PwC study points out, exploiting new technologies – including collaboration, data extraction, data analysis and automation – will improve internal audit processes, and so too its contribution to the company’s performance.

We offer innovative solutions that help organizations meet new challenges in compliance, GRC, risk management, internal control and audit.

OXIAL’s integrated platform provides a centralized collection of quality information, delivering unprecedented efficiency when managing risk and regulatory requirements.

Equipped with advanced and intuitive tools, OXIAL facilitates the synchronization of corporate governance, reporting and compliance demonstration activities, significantly reducing the duration of audits and the workload of the teams involved.

On November 15 and 16, 2018, at the Beffroi de Montrouge, come and contribute to the reflections on the evolution of the profession of the GRC and risk management as a whole.

This year, become a full participant in the conference at the Cooperative Workshops. Let yourself be guided by inspiring personalities and the best experts throughout program sessions.

Internal audit, internal control, risks, compliance, …. The IFACI 2018 Conference is more than ever a unique opportunity to discover, share and co-create the best professional practices.

Partner interview: BDO on digital compliance in Africa – part one:
Digital compliance is something that lies at the core of what OXIAL offers. In a world of ever-growing compliance and risk management complexity, the idea that an organisation wouldn’t use automation and digital compliance to help manage this, is baffling.

We work with a number of partners that really augment our digital compliance offering. Smart consultants that understand the requirements of modern global compliance are an integral part of digital compliance and this is a model that is really starting to resonate with businesses in different countries all over the world.

Partner interview: BDO on digital compliance in Africa – part two

In the first part of our interview with Zakaria Fahim, the Managing Partner & Head of Advisory, BDO Morocco, we discussed some of the challenges African companies are facing around risk management and compliance. Zakaria explained how the complexity of modern compliance, combined with a lack of tools and the wrong approach was spurring African companies to look to external support when managing compliance.

In this second part of the Q&A, Zakaria expands on that, outlines how the BDO and OXIAL partnership can benefit African businesses and speculates as to what the future of compliance will look like.

Partner interview: BDO on digital compliance in Africa – part one:
Digital compliance is something that lies at the core of what OXIAL offers. In a world of ever-growing compliance and risk management complexity, the idea that an organisation wouldn’t use automation and digital compliance to help manage this, is baffling.

We work with a number of partners that really augment our digital compliance offering. Smart consultants that understand the requirements of modern global compliance are an integral part of digital compliance and this is a model that is really starting to resonate with businesses in different countries all over the world.

OXIAL takes centre-stage in BDO’s Middle East Update –

BDO is one of OXIAL’s most important partners, working together to help ensure African businesses are 100% compliance with global and local requirements. That partnership is featured in the October edition of BDO’s newsletter, Middle East Update, where Zakaria Fahim, Managing Partner & Head of Advisory, BDO Morocco describes it as follows:

“Both regulation and inherent risk is increasing for our clients in this fast-changing world …”