How Financial Institutions can benefit from Incident Management Solution?
Financial institutions, such as banks, insurance companies, and investment firms, face various challenges in their daily operations. They have to deal with complex regulations, high customer expectations, cybersecurity threats, and competitive pressures. In such a dynamic and demanding environment, incidents are inevitable. Incidents are unplanned events that disrupt the normal functioning of a system or […]
From Spreadsheets to Success: Advantages of Operational Risk Management Software for Financial Organizations
Many financial organizations still rely on spreadsheets to manage their operational risk data. While spreadsheet is a powerful and versatile tool, it has some limitations and drawbacks that can compromise the quality and accuracy of risk analysis and reporting. In this blog post, we will discuss why financial organizations should move from spreadsheets to operational […]
Building Resilience: The Crucial Role of Policy Management Solutions in Compliance with the Digital Operational Resilience Act(DORA)
A policy management solution is of utmost importance from a Digital Operational Resilience Act (DORA) regulation perspective. The DORA regulation aims to ensure the operational resilience of digital services providers, including financial institutions and other critical entities, in the face of cyber threats and other disruptions. Implementing a comprehensive policy management solution is crucial for […]
Digital Operational Resilience Act (DORA) – A Brief Overview
The use of information and technology is essential in the modern era as it supports complex systems used for daily activities. It plays a critical role in keeping our economies running, especially in key sectors such as finance, and improves the functioning of the internal market. However, as digitalization and connectivity continue to increase, so […]
Risk Based Performance Management
Risk Based Performance Management Outcomes aligned to Objectives Request a Demo GIEOM Risk Central provides a scalable framework to define and achieve organizational goals. The solution caters to simple and progressive Objective definition in the first phase and addition of metrics in the form of Key Performance Indications subsequently. For a more mature Performance Management […]
