Governance, risk and compliance (GRC)

Tailoring and implementing a suitable governance, risk and compliance (GRC) platform to reflect the complexity of their operating model and risks allows organisations to identify the right approaches, strengthen their second-line mechanisms and drive greater efficiency. 

As organisations change or evolve, it is critical to focus on the effective design and operation of first and second lines of defence. This naturally enables businesses to gain assurance over operational controls and ensures controls are fit for purpose and sustainable, with the right blend of people and technology for the future. 

Many organisations must demonstrate the effectiveness of their internal control environment, whether for Sarbanes Oxley (SOX) compliance or as service organisations to their customers (ISAE3402). With the UK SOX potentially impacting UK-listed companies, particularly within the financial sectors as well as public interest entities (PIEs), the need to understand, define and seek assurance over GRC has never been greater. 

Organisations that strategically prioritise appropriate risk management, incorporate a suitable compliance framework and facilitate adaptable talent strategies and technology will benefit from the most cost-efficient and superior GRC platforms and processes.

Our risk advisory experts offer assurance and advisory services to develop and reinforce organisational governance, risk and compliance frameworks. Our GRC specialists aim to safeguard and increase the value of our clients’ enterprises by integrating governance, risk management and third-party assurance as essential components of everyday operations. 

Our team has supported many organisations in managing and enhancing governance, risk and compliance activities. Our services include, but are not limited to: 

• GRC platforms and frameworks 
• Sarbanes-Oxley (SOX) compliance 
• UK SOX preparation and readiness 
• Controls assurance (ISAE 3402; AAF 01/06) 
• Data governance, insight and visualisation analytics 
• Robotic process automation (RPA)