IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-137-59442-6_14.html
   My bibliography  Save this book chapter

GRC Technology Introduction

In: Commercial Banking Risk Management

Author

Listed:
  • Jeff Recor

    (Grant Thornton)

  • Hong Xu

    (American International Group)

Abstract

This chapter provides a high-level introduction to the concept, history and current state of Governance, Risk and Compliance (GRC) from several different standpoints. GRC scope of coverage is defined and the comparison between vendors originated from enterprise resource planning (ERP), GRC, and specialized applications is explained so that readers may understand differences and similarities. A detailed description of the GRC program overview is provided, outlining the associated process and nature and importance of integration. Common GRC technology functionality including assessment process, business hierarchy, workflow, and analytics and reporting is described in the chapter. Finally, common business cases and additional drivers for GRC automation are used to drive process efficiencies and address increasing regulatory compliance mandates.

Suggested Citation

  • Jeff Recor & Hong Xu, 2017. "GRC Technology Introduction," Palgrave Macmillan Books, in: Weidong Tian (ed.), Commercial Banking Risk Management, pages 305-331, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-59442-6_14
    DOI: 10.1057/978-1-137-59442-6_14
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-137-59442-6_14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.