Governor Press Releases

 

 

Governor Software Releases Version 2019.2

 

DUBLIN, July 29th, 2019 - Governor Software Ltd, today announced it has released the latest version of its governance and oversight platform Governor 2019.2, which now incorporates a new user dashboard, integration with the Archer GRC system and document management enhancements to support clients.

 

These updates enhance our clients’ ability to increase the value that individual staff and business units get from Governor. Users will be able to add an item from anywhere in the system to their dashboard with one click of their mouse. Business units will be able to take data from their Archer GRC systems to help them provide oversight of their risk and compliance universe. Users will be able to organise and report on their oversight documents (wherever they are stored) so they can efficiently respond to regulator and audit queries.

 

“As our clients continue to embed the Governor Software platform to support governance and oversight within their organisations we are constantly learning from them and tailoring the product to meet their needs,” explained Richard Pike, Founder and CEO, Governor Software.

 

“Our focus has shifted from building out core functionality (now largely complete) to tailoring the product to better match how we see our users interacting with the system. We would like to thank our partners at CastleHill Risk for their help in developing our interface to the Archer GRC system.”

 

The Governor Software platform supports senior risk and compliance executives at financial institutions in maintaining governance and oversight through clear visualisation of their regulatory obligations and risk appetite. Key benefits of the Governor Software platform include:

  • Line of sight risk visualization between the obligations or objectives and the related policies, controls, KIs and documents
  • Clarity around the organisational ownership and status of each of the obligations in the organization and more coordination across the 3 Lines of Defence
  • The ability to drill through to the root cause of problem areas and create actions and link them to emerging issues for remediation and assign them for accountability
  • A powerful workflow that ensures collaboration across business areas
  • Custom views across the organization for both reporting purposes and to ensure users are seeing content that is most relevant to their role
  • Reduction of manual governance processes and a consequent reduction in the cost of compliance
  • History and audit trails to evidence why certain decisions or actions were taken

 

 ---- ENDS ----

 

About Governor Software

With offices in Dublin, London and New York, Governor Software Ltd supports senior risk and compliance executives at financial institutions maintain governance and oversight through clear visualisation of their regulatory obligations and risk appetite.

 

Founded in 2015 by CEO Richard Pike, the Governor Software team have first-hand experience of the production and oversight of governance information within financial institutions. Empowered with this unique knowledge, Governor Software have taken a fresh approach to addressing these challenges; using visualisation technology to efficiently tackle the issues associated with governance and oversight in their entirety.

 

Governor Software believe the opportunity for compliance and risk professionals to make governance and oversight a more robust and effective process is significant.

For more information visit: http://governorsoftware.com

 


 

Governor Software launches Governor Reg: FCA, February 2019

  • Live updated version of FCA Handbook allows UK regulated firms to map, track, action and report unique regulatory compliance
  • UK regulatory news, powered by Corlytics RED, available in real time

 

DUBLIN, February 26, 2019   Governor Software an innovative governance and oversight solution provider, today announced that it has launched Governor Reg: FCA, a live version of the Financial Conduct Authority (FCA) Handbook which allows UK regulated financial institutions to map, track and report regulatory compliance.

 

Governor Reg: FCA utilises Governor Software’s unique visualisation technology, providing FCA authorised firms with a unique live copy of the FCA Handbook. This allows them to benefit from improved search functions, increased visualisation of regulations, and the ability to download specific modules. An inbuilt history feature allows users to see changes by date, whilst the cloud based solution also provides breaking UK regulatory news, powered by industry leading regulatory intelligence from Corlytics, in real time.

 

To date financial institutions have had to manually map their FCA regulatory obligations in tools not purpose built for compliance oversight, such as Microsoft Excel, and manually manage status and obligations with an error-prone and non-auditable operational model. This not only exposes institutions to unnecessary risk but also prevents them from proactively managing ongoing changes within specific regulations.

 

“A key component of good governance is good oversight. However, the key challenge to effective oversight for FCA authorised firms is the communication of obligations set out in the FCA Handbook, and the subsequent proof of adherence to relevant stakeholders,” commented Richard Pike, Founder and CEO, Governor Software. “Governor Reg: FCA is unique in that it provides compliance teams with a structured list of tasks and evidence documents, which may be interfaced to their internal systems. All of this is completed within a structured and auditable platform that supports compliance management becoming less fraught.”

 

Not only does Governor Reg: FCA empower financial institutions through working with a live version of the FCA Handbook, but it also allows compliance teams to receive live regulatory newsfeeds via Corlytics RED, a regulatory newsfeed app.

 

“We are delighted to be partnering with the Corlytics team to integrate their industry leading RED news feed platform into Governor Reg: FCA. Both companies are working to address the root causes of regulatory risk, and enable the three lines of defence to better plan their compliance programmes,” added Pike.

 

- ENDS -

 

About Corlytics 

Corlytics is the world leader in determining of regulatory risk impact. Corlytics works in partnership with banks, regulators and eminent financial institutions globally. Enabling a more transparent and stable financial system through greater regulatory planning. By delivering world class regulatory risk data and analytics, it empowers its partners to make transformational, informed, positive choices. It uses a combination of artificial and human intelligence to categorise and organise regulatory notices and when required, internal firm data, into highly structured relevant information. Allowing regulated firms to protect themselves from unexpected exposures and fines.    Corlytics enables high performance in the financial services market. It is at the very forefront of the regulatory intelligence revolution, delivering 360-degree intelligence through its four different professions – leading data scientists, seasoned technologists, proven banking risk practitioners and expert lawyers.     Corlytics measures, predicts and calculates regulatory outcomes and impact. Providing evidence in real time. It enables partners to optimise investment in compliance and risk management using a risk based prioritised approach. 

 

About Governor Software

With offices in Dublin, London and New York, Governor Software Ltd supports senior risk and compliance executives at financial institutions maintain governance and oversight through clear visualisation of their regulatory obligations and risk appetite.

 

Founded in 2015 by CEO Richard Pike, the Governor Software team have first-hand experience of the production and oversight of governance information within financial institutions. Empowered with this unique knowledge, Governor Software have taken a fresh approach to addressing these challenges; using visualisation technology to efficiently tackle the issues associated with governance and oversight in their entirety.

 

Governor Software believe the opportunity for compliance and risk professionals to make governance and oversight a more robust and effective process is significant.

For more information visit: http://governorsoftware.com

 


 

CastleHill Governor Logo

Governor Software partners with CastleHill for enhanced RSA Archer integration

 

DUBLIN, February 19th, 2019 Governor Software Ltd, an innovative governance and oversight solution provider, today announced that it has partnered with CastleHill Managed Risk Solutions to provide enhanced RSA Archer integration to its client base.

 

The integration of RSA Archer and Governor Software’s proprietary technology enables CastleHill’s clients, namely senior executives within financial institutions, to have a broad view of their risk and compliance status alongside key programmes they are overseeing. 

 

The highly flexible approach to integration between Governor and RSA Archer allows for “out of the box” and significantly customised RSA Archer platform implementations to be leveraged. One example of this is using preconfigured reports which can be integrated from RSA Archer and loaded into Governor Software. This provides line of sight risk visualization between an organisations obligations or objectives and the related policies, controls, Key Indicators and documents. This approach means a single pre-defined metric can impact many different elements in Governor breaking down pre-existing silo’s and highlighting impacts across different areas of a business.

 

“CastleHill employees have led some of the largest and most complex RSA Archer projects globally,” explained Timothy Carbery, Managing Partner at CastleHill Managed Risk Solutions. “With a large client base of RSA Archer users, CastleHill have seen the power of integrating these two solutions and will be offering Governor Software to our RSA Archer clients going forward.”

 

“Like many of their peers, CastleHill’s clients are faced with huge amounts of governance data from all areas in an institution. Produced in varying formats, its challenging to build a consolidated view of compliance or oversight of risks alongside associated processes and controls,” explained Richard Pike, Founder and CEO, Governor Software. “Our highly agile software coupled with RSA Archer is helping CastleHill’s clients maintain regulatory and risk governance and oversight through clear visualisation of regulatory obligations - replacing a torrent of emails and associated man hours.”

 

- ENDS - 

About CastleHill Managed Risk Solutions

CastleHill Managed Risk Solutions, LLC, offers advisory, implementation, and managed services for Regulatory Change Management, Enterprise Risk Management, Third Party Risk Management, Compliance and additional Operational risk disciplines.

 

Our structured approach to implementation and onboarding (Prototype-Iterate-Enhance) leverages best practice risk management process design, prototyping and iterative enhancement techniques that delivers rapid value. In addition, our GRC as a Service (GRCaaS) managed service helps simplify your risk management processes by providing options for outsourcing the costly administrative activities and technology support that distract risk managers from their primary job of managing risk.

 

CastleHill has a proven track record of departmental and enterprise GRC implementations using RSA Archer, ProcessUnity and other enterprise level platforms. For more information visit: http://www.castlehillrisk.com

 

About Governor Software

With offices in Dublin, London and New York, Governor Software Ltd supports senior risk and compliance executives at financial institutions maintain governance and oversight through clear visualisation of their regulatory obligations and risk appetite.

 

Founded in 2015 by CEO Richard Pike, the Governor Software team have first-hand experience of the production and oversight of governance information within financial institutions. Empowered with this unique knowledge, Governor Software have taken a fresh approach to addressing these challenges; using visualisation technology to efficiently tackle the issues associated with governance and oversight in their entirety.

 

Governor Software believe the opportunity for compliance and risk professionals to make governance and oversight a more robust and effective process is significant. For more information visit: http://governorsoftware.com

 


 

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Governor Software and Grant Thornton form strategic partnership to transform how companies manage and control risk and compliance.

Collaboration to provide clients with highest standard of risk and compliance oversight

 

DUBLIN, January 18, 2019   Governor Software Limited and Grant Thornton Ireland came together today to launch a new strategic partnership that will transform how businesses manage risks and protect themselves in a constantly evolving regulatory environment. 

 

Making innovative use of visualisation technology these new tools enable clients to easily identify and monitor risks to the company in real-time.

 

With all risk information accessible in a single, centralised, platform it is easier for managers to see threats and to track changes and updates as they happen.

 

Working together means that Governor Software has been able to combine its industry leading track record of innovation in governance and oversight with Grant Thornton’s expertise, insight and unparalleled understanding of the regulatory environment.

 

Richard Pike, Founder and CEO, Governor Software, commented: “Financial institutions are under increasing pressure to prove they have quality governance and oversight in place. Grant Thornton’s understanding of this regulatory environment and market best practices coupled with Governor Software’s visualisation capabilities will ensure clients achieve genuine oversight and governance of their obligations.”

 

“We assist our clients in achieving their business objectives, by presenting them with clear and innovative solutions to their most complex problems,” added Frankie Cronin, Advisory Director, Grant Thornton. “Governor’s exciting oversight technology can help our clients with some of their most challenging risk and regulatory issues such as manually intensive, inefficient and ineffective reporting processes.”

 

Governor Software enables financial institutions to deconstruct regulations, frameworks and policies into clear visual maps that enable risk managers to identify problems, make changes and track updates in real-time as they happen.

 

All of this can be done within a single platform, empowering users to ensure proper oversight and clear accountability. Governor Software’s information architecture offers flexible reporting and provides real-time feedback in the form of dashboards and notifications tailored for management.

 

- ENDS -

 

 

About Grant Thornton

Grant Thornton is Ireland’s fastest growing professional services firm. With over 1,350 people in 7 offices across Ireland and a presence in over 130 countries around the world, we bring you the local knowledge, national expertise and global presence to help you and your business succeed – wherever you’re located. We deliver solutions to all business challenges. Clients choose us because the breadth of financial and business services they need is available, delivered innovatively and always to the highest standards. At Grant Thornton we are committed to long term relationships.

 For further information visit: https://www.grantthornton.ie

 

 

About Governor Software

With offices in Dublin, London and New York, Governor Software Ltd supports senior risk and compliance executives at financial institutions maintain governance and oversight through clear visualisation of their regulatory obligations and risk appetite.

 

Founded in 2015 by CEO Richard Pike, the Governor Software team have first-hand experience of the production and oversight of governance information within financial institutions. Empowered with this unique knowledge, Governor Software have taken a fresh approach to addressing these challenges; using visualisation technology to efficiently tackle the issues associated with governance and oversight in their entirety.

 

Governor Software believe the opportunity for compliance and risk professionals to make governance and oversight a more robust and effective process is significant.

For more information visit: http://governorsoftware.com

 


 

Governor Software Releases Version 2018.4

DUBLIN, September 26th, 2018 - Governor Software Ltd, today announced it has released the latest version of its governance and oversight platform Governor 2018.4, which now incorporates enterprise workflow enhancements to support clients who wish to implement multi-stage workflows within the application.

 

The new workflow integration means Governor Software’s clients can not only create more powerful and flexible workflows - which include the gathering of evidence for fully auditable governance and oversight - but also support the management of risk oversight, including cyber risk which continues to emerge as a significant threat to the financial system.

 

“As our clients continue to roll out the Governor Software platform to support governance and oversight within their organisations we are keen to provide a robust and fully auditable environment across a diverse range of business cases and regulations,” explained Richard Pike, Founder and CEO, Governor Software.

 

“A very large US banking client is especially keen to utilise a multi-stage workflow for signoff and approval of their compliance with the new NYDFS cyber regulation. We developed this new functionality with them in mind and it is now available to all current and future clients.

 

The Governor Software platform supports senior risk and compliance executives at financial institutions in maintaining governance and oversight through clear visualisation of their regulatory obligations and risk appetite. Key benefits of the Governor Software platform include:

 

  • Line of sight risk visualization between the obligations or objectives and the related policies, controls, KIs and documents
  • Clarity around the organisational ownership and status of each of the obligations in the organization and more coordination across the 3 Lines of Defence
  • The ability to drill through to the root cause of problem areas and create actions and link them to emerging issues for remediation and assign them for accountability
  • A powerful workflow that ensures collaboration across business areas
  • Custom views across the organization for both reporting purposes and to ensure users are seeing content that is most relevant to their role
  • Reduction of manual governance processes and a consequent reduction in the cost of compliance
  • History and audit trails to evidence why certain decisions or actions were taken

 

 

  • ENDS –

 

About Governor Software

With offices in Dublin, London and New York, Governor Software Ltd supports senior risk and compliance executives at financial institutions maintain governance and oversight through clear visualisation of their regulatory obligations and risk appetite.

 

Founded in 2015 by CEO Richard Pike, the Governor Software team have first-hand experience of the production and oversight of governance information within financial institutions. Empowered with this unique knowledge, Governor Software have taken a fresh approach to addressing these challenges; using visualisation technology to efficiently tackle the issues associated with governance and oversight in their entirety.

 

Governor Software believe the opportunity for compliance and risk professionals to make governance and oversight a more robust and effective process is significant.

For more information visit: http://governorsoftware.com

 


 

Governor Software Version 2018.2 Released

 

DUBLIN, JUNE 8th, 2018 - Governor Software Ltd, today announced it has released the latest version of its oversight platform Governor 2018.2 which has been designed to better support large institutions with multiple hierarchies and systems.

 

The Governor Software platform supports senior risk and compliance executives at financial institutions maintain governance and oversight through clear visualisation of their regulatory obligations and risk appetite.

 

Enhancements to the platform include an improved security model incorporating support for LDAP/Active Directory integration, enriched dimension management with provision for unlimited hierarchies (e.g. organisational units, locations, products), and advanced integration and document management capabilities.


“The pressure on financial institutions to maintain regulatory governance and oversight is growing and the Governor 2018.2 release reflects this,” explained Richard Pike, Founder and CEO, Governor Software. “Our clients are increasingly seeking to roll out Governor Software more broadly across their organisations – incorporating large oversight projects across multiple business cases and regulations.”

 

Key benefits of the Governor Software platform include:

  • Line of sight risk visualization between the obligations or objectives and the related policies, controls, KIs and documents
  • Clarity around the organisational ownership and status of each of the obligations in the organization and more coordination across the 3 Lines of Defence
  • The ability to drill through to the root cause of problem areas and create actions and link them to emerging issues for remediation and assign them for accountability
  • A powerful workflow that ensures collaboration across business areas
  • Custom views across the organization for both reporting purposes and to ensure users are seeing content that is most relevant to their role
  • Reduction of manual governance processes and a consequent reduction in the cost of compliance
  • History and audit trails to evidence why certain decisions or actions were taken

 

- ENDS -

 

About Governor Software

 

With offices in Dublin, London and New York, Governor Software Ltd supports senior risk and compliance executives at financial institutions maintain governance and oversight through clear visualisation of their regulatory obligations and risk appetite.

 

Founded in 2015 by CEO Richard Pike, the Governor Software team have first-hand experience of the production and oversight of governance information within financial institutions. Empowered with this unique knowledge, Governor Software have taken a fresh approach to addressing these challenges; using visualisation technology to efficiently tackle the issues associated with governance and oversight in their entirety.

 

Governor Software believe the opportunity for compliance and risk professionals to make governance and oversight a more robust and effective process is significant.

For more information visit: http://governorsoftware.com

 


 

Governor Software Integrates FCA Handbook, March 7, 2018

Licence allows clients to automatically link internal policies and controls to FCA Handbook

DUBLIN, March 7, 2018 - Governor Software Ltd today announced it has obtained a licence from the FCA which will allow its clients to automatically link internal policies and controls to the Financial Conduct Authority (FCA) Handbook.

 

The Handbook sets out the FCA legislative and other provisions for financial institutions that are seeking information on financial conduct rules and guidance. Updated regularly, Chief Compliance Officers and their teams are tasked with ensuring that their firm remains compliant with the latest Financial Services regulations.

 

By licensing the FCA Handbook Governor Software will not only empower its clients with clear visualisation of their regulatory obligations within its platform, but importantly link directly between the handbook and a financial institutions internal policies and controls.  This linkage not only supports new versions of the handbook automatically being updated in client systems – allowing them to easily incorporate changes into their policies - but also clear, real-time proof of compliance in a structured and efficient manner that is fully auditable.

 

Richard Pike, Founder and CEO, Governor Software, commented: “Keeping abreast of the FCA Handbook is no mean feat for financial institutions, with requirements differing between organisations and updates frequent. While other companies publish this handbook within their software we believe we are the first to take the structure and enable clients to link their policies directly to it. This not only saves considerable man-hours, automatically alerting appropriate team members when their policies need updating or reviewing, but also provides comprehensive oversight and compliance through auditable mapping.”

 

“When a regulator walks through your door they think and assess financial institutions in terms of the FCA Handbook, this update basically allows our clients to present their data in the way the regulator thinks,” added Pike.

 

Last month the FCA announced that it is seeking views on how technology can make it easier for firms to meet their regulatory reporting requirements and improve the quality of the information they provide. This follows its successful TechSprint in November 2017, which Governor Software participated in, and saw contributors successfully develop a ‘proof of concept’ which could make regulatory reporting requirements machine-readable and executable. This straight-through processing of regulatory returns demonstrated benefit to both firms and regulators in regards to accuracy of submissions, cost reduction and changes to regulatory requirements being implemented more quickly.

 

Pike concluded: “Identifying, digesting and responding to regulatory requirements are a minefield for the vast majority of financial institutions. This event further highlighted the growing need to address those challenges and gave us the opportunity to demonstrate the part Governor Software can play making risk and compliance programmes accessible, consumable and actionable for senior leaders within large enterprise organisations.”

 

- ENDS -

 

About Governor Software

 

With offices in Dublin, London and New York, Governor Software Ltd supports senior risk and compliance executives at financial institutions maintain governance and oversight through clear visualisation of their regulatory obligations and risk appetite.

 

Founded in 2015 by CEO Richard Pike, the Governor Software team have first-hand experience of the production and oversight of governance information within financial institutions. Empowered with this unique knowledge, Governor Software have taken a fresh approach to addressing these challenges; using visualisation technology to efficiently tackle the issues associated with governance and oversight in their entirety.

 

Governor Software believe the opportunity for compliance and risk professionals to make governance and oversight a more robust and effective process is significant.

For more information visit: http://governorsoftware.com

 


 

 



 

Governor Software Successfully Completes Industry TechSprint, December 2017

DUBLIN, DECEMBER, 2017 - Governor Software Ltd has successfully completed the FCA and BoE convened TechSprint. The event, convened by the FCA and BoE, was designed to tackle the increasing challenges that financial institutions face in implementing their regulatory and compliance obligations - specifically exploring the potential for model-driven machine readable regulation.

 

Maria Phillips, Head of Implementation & Support, Governor Software, commented: “This was an excellent opportunity to not only collaborate with the FCA and BoE but also our industry peers. Over two weeks we utilised the Governor Software proposition to digitise a solution for a mock regulatory update released by the FCA.”

 

Alongside a mixture of start-ups, incumbent institutions, technology providers and academics the Governor Software team developed a ground breaking frictionless process which automatically linked a piece of regulation, compliance procedures and firms' policies and standards with firms' transactional applications and databases.

 

Phillips continued: “Through participating in the TechSprint we were able to verify and apply governance for digitally-enabled regulation and more significantly provide transparent system access to meet the SYSC requirements of the FCA Handbook and PRA Rulebook. This development really could fundamentally change how financial institutions understand, interpret and report regulatory information.”

 

Governor Software provides its clients with the ability to deconstruct regulations, frameworks and policies into visual maps that clearly communicate the obligations that require oversight and then to be able to track the changes as they are made to the obligations. Key Indicators and assessment points provide the first line of defence in order to record compliance and areas of concern. In addition, the solution presents the status of individual and overall compliance in the structure of the original regulation, framework or policy. All of this is completed in a structured and auditable process so that review and audit becomes a lot more efficient.

 

-ENDS-

 

About Governor Software Ltd

Headquartered in Dublin, Ireland, Governor Software Ltd supports senior executives at financial institutions with regulatory oversight through clear visualisation of their internal and external regulatory obligations, understanding of organisational status and real-time proof of compliance. For more information please visit www.governorsoftware.com.  

 


 

Governor Software Participating in FCA and BoE Convened TechSprint, November 2017

 

DUBLIN, NOVEMBER 20, 2017 - Governor Software Ltd, today announced it is participating in the latest FCA and BoE convened TechSprint that will look to address the increasing challenges that financial institutions face in implementing their regulatory and compliance obligations.

 

The two week TechSprint will commence on the 20th November and will specifically explore the potential for model-driven machine readable regulation. The aim of the event is to bring start-ups, incumbent institutions, technology providers and academics together to discuss and design technological solutions to the challenges financial institutions face implementing their regulatory reporting obligations.

 

Richard Pike, Founder and CEO, Governor Software, commented: “We are delighted to be participating in this FCA and BoE convened TechSprint. Identifying, digesting and responding to regulatory requirements are a minefield for the vast majority of financial institutions. This event is designed to address those challenges and gives us the opportunity to demonstrate the part Governor Software can play making risk and compliance programmes accessible, consumable and actionable for senior leaders within large enterprise organisations.”

 

Governor Software provides its clients with the ability to deconstruct regulations, frameworks and policies into visual maps that clearly communicate the obligations that require oversight and then to be able to track the changes as they are made to the obligations. Key Indicators and assessment points provide the first line of defence in order to record compliance and areas of concern. In addition, the solution presents the status of individual and overall compliance in the structure of the original regulation, framework or policy. All of this is completed in a structured and auditable process so that review and audit becomes a lot more efficient.

 

-ENDS-

About Governor Software Ltd

Headquartered in Dublin, Ireland, Governor Software Ltd supports senior executives at financial institutions with regulatory oversight through clear visualisation of their internal and external regulatory obligations, understanding of organisational status and real-time proof of compliance. For more information please visit www.governorsoftware.com.  

 


 


2017 GRC Experience Award

Governor awarded GRC20/20 Innovation in User Experience for Risk/Strategy Management, October 2017

A key goal of firms is to develop a mature approach to Governance, Risk and Compliance (GRC) that measures and understands risk in the context of clear objectives and strategy.

 

GRC 20/20 Research recently researched, evaluated, and reviewed organisations that are using Governor Software in complex, distributed, and dynamic business environments.

 

In the context of researching Governor Software, GRC 20/20 found that organizations often take a Band-Aid approach and manage risk in disconnected silos instead of thinking of the bigger picture. Siloed processes, though effective in their own silos, are ineffective at an aggregate level, as the organization does not have a complete view of GRC in the context of the business.

 

In the context of researching Governor Software, GRC 20/20 found the solution enables organisations to understand, map, and monitor the complex interrelationship of risks, objectives, regulations, and metrics across an organisation. Governor Software addresses this by aggregating, integrating, and visualizing risk and performance information across an organisation within a single platform, allowing it to be managed from one central location and ultimately ensuring accountability.

 

The benefit of Governor’s information architecture is that it allows for flexibility in reporting and provides real-time feedback in the form of dashboards and notifications tailored for management. In summary Governor Software enables an organisation to manage risk and performance by:

 

  • Mapping risk, obligations, objectives, and roles - enabling organisations to visually deconstruct and map objects such as risks and regulations to visualise and show complex interrelationships.

  • Monitoring context - allowing organisations to monitor these relationships and alert when something occurs that might have a cascading impact of risk and exposure.

  • Tracking accountability - enabling an organisation to communicate and track accountability and ensure compliance and control across its business.

For more information and to download the report in full please click below

GRC20/20 review



 

Governor Software Partner with Neo4j, September 2017

Proven enterprise graph platform Neo4j to support Governor clients with regulatory oversight

 

DUBLIN, SEPTEMBER 21, 2017 - Governor Software Ltd, today announced its partnership with Neo4j, the #1 Graph Platform. The partnership will see Neo4j provide its proven enterprise graph database to Governor’s regulatory oversight proposition which supports financial institutions communicate obligations, understand risk status and prove compliance. 

 

Governor Software was founded on the principle of making risk and compliance programmes accessible, consumable and actionable for senior leaders within large enterprise organisations.

 

“Complex and unstructured data based on a firm’s risk appetite needs to be connected and presented in context in order for senior leaders to make informed decisions,” commented Richard Pike, Founder and CEO, Governor Software. “We are delighted to partner with Neo4j, an innovative leader in native graph databases, as we strive to provide an agile, scalable and secure environment to our clients.”

 

As a native graph database, Neo4j is specifically optimized to store and traverse multiple graphs of connected data. By intuitively mapping data points and the connections between them, Neo4j powers intelligent, real-time applications that tackle enterprise challenges in today’s big data environment.

 

“Neo4j enables organizations to unlock the business value of connections in data: through new applications that can adapt to changing business needs, and by enabling existing applications to scale with the business,” added Rik Van Bruggen, VP of Sales – Northern Europe, Neo4j. “We are excited to be partnering with Governor Software as it will expand our presence in the financial services sector with a compelling risk and compliance use case.”

 

-ENDS-

About Governor Software Ltd

Headquartered in Dublin, Ireland, Governor Software Ltd supports senior executives at financial institutions with regulatory oversight through clear visualisation of their internal and external regulatory obligations, understanding of organisational status and real-time proof of compliance. For more information please visit www.governorsoftware.com.  

 

About Neo Technology

Neo4j is an internet-scale, native graph database that leverages connected data to help companies build intelligent applications that meet today's evolving challenges including machine learning and artificial intelligence, fraud detection, real-time recommendations and master data. As the #1 platform for connected data, Neo4j has over three million downloads, the world's largest graph developer community, and thousands of graph-powered applications in production.

 

The world's most sophisticated organizations worldwide, from enterprises like Walmart, eBay, UBS, Cisco, HP, adidas and Lufthansa to hot startups like Medium, Musimap and Glowbl, use Neo4j to harness the connections in their data.

 

Headquartered in San Mateo, California, Neo4j also has regional offices in Sweden, Germany and the UK. For more information, please visit Neo4j.com and @Neo4j.