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How Can Governor Software help you?
Governor Software is a cutting-edge risk and compliance system that is built from first-hand experience of linking risks to objectives within financial institutions. Having worked with older GRC systems, the Governor Software team where acutely aware that while links could be forced between risks and objectives, when this is not a native capability of a system a lot of benefits of the approach can be missed.
Based on Network Theory, the Governor Software system is designed around a ‘network’ view of risks and objectives rather than a ‘list’ view. This approach is more reflective of complex financial institutions and easily supports concepts like ‘many risks to one objective’ and ‘many objectives to one risk’. With this in mind, Governor Software is designed to allow relationships across departments, locations, business lines etc. Users can build risk maps and then link those to other relevant risk maps. These interrelationships enable clients to really understand the linkages across their business and how risks affect outcomes throughout the firm.
Below is a sample of a Governor Software Risk Map - click here to see the solution in practise
Want to learn more about Governor Software - please download the GRC 20/20 Analyst Report