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A previous Hes-so study identified human risk as one of the major threats to banks and other FS providers, and the new project will use OXIAL’s GRC software to amplify the weak signals within an organisation and prevent human risk from causing too much damage.

The modern challenges faced by companies are increasingly calling for a new approach to risk management. Specifically, the old siloed approach to corporate planning is woefully inadequate for successfully navigating the 21st century business world. By adopting an integrated GRC approach, companies are able to leverage a range of benefits to improve their performance, resilience, and profitability.