In the wake of global recessionary trends and fallout of banks due to bankruptcies, organizations today are faced with challenges such as, new regulatory requirements and increased complexity of operations. Implementing effective IT governance can help IT organizations save costs, increase productivity and gain a competitive advantage. Birlasoft provides Governance and Risk Management solutions that enable organizations to leverage the power of IT, and better position themselves to keep pace with a dynamic economic environment.
Client Challenges
- Lack of enterprise governance
- Business growth taking priority over quality of lending
- Dealing with immaturity of risk management systems
- Casual handling of compliance directives
- Increased focus on accountability
What Birlasoft Provides
Birlasoft has experienced specialists in the business and technology domain who can provide consulting services in the establishment of GRF framework across the organization. Birlasoft offerings in each of the GRC components are:
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Swap Data Repository
- Formulation of strategies - business & IT
- Design and development of policies & procedures
- Implementation of IT processes as per ITIL framework
- Risk assessment/measurement/metrics
- Risk mitigation document
- Compliance reporting
Business Value
Birlasoft helps organizations increase competitive edge with key value additions such as:
- Improved business efficiency through process consistency & efficiency
- Structured framework for collaboration amongst departments/business processes