Market Overview:  GRC Platforms

“Failure of corporations to comply with regulations and to manage risks puts customers, employees, communities, and shareholders at risk on a daily basis. Global backlash pressures risk and compliance professionals to improve the way their companies operate, and many turn to GRC technologies for support.” Read a complimentary copy of this independent report.

GRC IS FIRST AND FOREMOST A FRAMEWORK FOR IMPROVING OVERSIGHT and EFFICIENCY 
Corporate governance, risk management, and compliance management are internal functions set up to control the way in which an organization operates. The phrase “governance, risk, and compliance”(GRC) refers to the framework by which these three functions share information and processes in order to gain efficiency, improve oversight, and support improved performance within a set of established boundaries.

Excerpt from Market Overview: GRC Platform, Forrester Research, Inc., November 9, 2010 .