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White Paper

The Future of Risk Management: Getting GRC Right

 

To comply with regulations, financial services institutions must first successfully manage their risk environment. Failure in risk management can lead to the destruction of an institution. Regulatory compliance can be a by-product of the risk management practices, controls and processes that an institution puts in place if they are done well.

This report reviews frameworks for integrating governance, risk management and regulatory compliance. The TCS Integrated Risk Management Framework is the first of the frameworks reviewed.