Governance, Risk, and Compliance Solutions
Solutions Designed to Manage Your Organization’s Risk
As a systems integrator and consultant, SureStep helps tackle the broad issues of corporate governance, risk management, and effective compliance by offering specialized consultancy in key areas of your business. We advise, implement, and optimize. Our professionals have a wealth of experience and knowledge from multiple industries, so we can provide guidance that makes sense for your unique business.
Our end-to-end GRC solutions help your organization identify, monitor, remediate, and manage ongoing risks so that you can carry on managing your business, all whilst avoiding hefty non-compliance charges. Our systems engineers help companies with programs, such as:
- IBM OpenPages
- ServiceNow IRM
- Our own bespoke program Fortress
By using all these programs, we can identify which ones suit your organization the best and adapt it to your needs.
The Right Tools
We enable better decision making and focus on regulatory requirements, including the timeliness and accuracy of reporting and external communication with regulators.
Stakeholders expect more transparency from organizations in their disclosures. Effective reporting of your material topics is key to the success of all GRC programs. We can help you establish or enhance your governance, risk, and compliance reporting so your organization can make better decisions.
Data and Tools
GRC data can be overwhelming and complex. Traditionally, processes in this area are neglected and manual in nature. We help you navigate through these complexities to find new processes and tools to successfully manage governance, risk, and compliance data.
Proper oversight is needed in the world of governance, risk, and compliance, including setting the right policies, making sure that roles and responsibilities are defined at the board level and across the three lines of defense and putting effective KPIs and internal controls in place.
The regulatory landscape is constantly changing around the world, and GRC is currently at the top of many new and emerging requirements. Firms need to stay updated on these regulations to avoid regulatory or legal risks.
We provide solutions to lead your IT business while managing the risk and governance of execution and operations. From strategy design to operating model enablement, we leverage innovation, proven practices, and adaptive delivery models for maximum value realization.
Preventing risks related to people, processes, and technology has become a huge challenge, causing organizations to spend significant time, effort, and money to make the necessary changes and focus on operational risk management. As costs continue to increase, a manual, reactive, and siloed approach becomes unsustainable.
Today, operational risk capabilities need to be agile and flexible to effectively respond to the changing environment. The right model is aligned with and embedded into business processes.
Organizations must be proactive by adopting innovative risk management practices that meet the challenges of today’s customers, shareholders, employees, and regulatory landscape. SureStep’s Operational Risk software assists in automating the steps to identify, measure, monitor, analyze, and manage operational risk, allowing your business to mitigate risks with proactive management.
Model Risk Management
Model risk determines the potential for a financial institution to experience adverse consequences when using a model. The risk may be caused by errors in the model or the incorrect use of a sound model.
A company’s exposure to model risk varies based on the complexity of its mix of business activities and the broadness of the use of the model.
Business leaders need to understand the value and limitations of their models so they can make business decisions, develop business strategies, and achieve regulatory compliance. Because models are driven by assumptions and finite data inputs and then interpreted by people, model risk is inevitable.
Our Model Risk Management solution is designed to help your business meet the multiple challenges of model risk management by supporting various methodologies across different risk tiers, model types, and structures.
Vendor Risk Management
Organizations need to track vendor risk for the entire third-party lifecycle, from onboarding and assessment through reporting and offboarding. Collecting data helps companies track potential risks and establish controls. Reports allow companies to define and track business goals and vendor relationships.
Your company needs to flag risks and monitor vendor data over time. We created our Vendor Risk Management solution to help organizations manage third-party engagements and relationships efficiently to enhance the performance of each company.
Our other GRC solutions include those for:
Internal Audit Management
Financial Control Management//SOX Compliance
In addition to governance, risk, and compliance services, SureStep provides implementation for leading GRC technologies. We are an expert systems integrator, so we can work with your company to implement your solution and ensure it operates to its full potential. We have the most experienced team with IBM OpenPages and OneTrust platforms.
As a systems integrator, SureStep has expertise in implementing OneTrust, an intelligent platform that provides compliance across global regulations and frameworks.
Our OneTrust implementations ensure your company manages risk through GRC domains, including:
- IT Risk & Security Assurance
- Third-Party Risk
- Data Governance
As an IBM Partner, systems integration specialist, and AI expert, SureStep can expertly handle implementations of OpenPages, a unified governance, risk, and compliance platform that is powered by Watson and your data and runs in any type of cloud environment.
Our IBM OpenPages implementations optimize your experience of its benefits, such as:
- Workflow Transformation
Get Help Managing Risk
Ask for an Integrated Risk Consultation from SureStep and work with one of our GRC/ESG experts who will map out your governance challenges and help you navigate the risk landscape.