Compliance is a business function that has never been higher up the corporate agenda than it is now. Whereas it was once low-profile, it is now something that every business is aware of and something that most businesses take with the utmost seriousness.
GDPR is the most high-profile regulation in 2018 so far, but we live and work in a world that is increasingly regulated, with each different sector and geography coming with its own regulatory and governance requirements. Financial Services (FS) is a sector that is particularly compliance heavy.
While organisations are mostly aware of the consequences of non-compliance, there is a cost associated with an effective compliance (and wider GRC) function and it is one that many businesses seek to lessen wherever possible. This is a dangerous strategy, that could come with severe consequences for any company.
OXIAL’s New Generation GRC solutions are entirely built to address some of the greatest challenges impacting organisations that are faced with Risk Management, Internal Control and Compliance and Audit. OXIAL’s integrated GRC platform enables organisations to become more efficient and effective in mitigating risk by integrating and automating GRC processes on a global scale.
Featuring intuitive and powerful tools that make it possible to respond to fast-evolving risk environments, OXIAL makes it easy to synchronise corporate governance, enterprise risk management and corporate compliance activities and undertake real- time monitoring across all business and IT processes and company assets. OXIAL operates globally across multiple industries and meets the needs of over 40 customers who have chosen OXIAL to drive business performance and achieve success.