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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

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Following the Great Recession, regulators began requiring enhanced disclosure about risk and corporate governance. These organizations use various parameters to categorize their vendors and partners, including the financial or regulatory impact that vendors can have on their organization. However, it should never replace it.

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Why Buying SaaS GRC Software Is a Smart Investment

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But developing, implementing and maintaining a robust corporate governance, risk management and regulatory compliance program requires resources. As opposed to on-premise solutions that require appropriate internal resources for installation and maintenance, SaaS providers perform these activities for you.