The Financial Industry Regulatory Authority (FINRA) releases an annual letter outlining its Regulatory and Examination Priorities for the upcoming year. In line with letters and rules from other regulatory bodies such as the SEC, NAIC, and FFIEC, the 2016 FINRA Priority Letter puts…Continue
Added by Steven Minsky on February 17, 2016 at 9:01pm — No Comments
Conservative estimates of GRC software implementations place the cost at either $200,000 or 50% of total licensing costs, whichever is greater. Even when initial costs are low, many vendors make up for apparent price reductions with professional services, or customizations, required to make the product work. Professional services are so ingrained in the software landscape…Continue
Added by Steven Minsky on February 15, 2016 at 5:30pm — No Comments
Back in 2009, we blogged about the SEC’s decision to require board-level accountability for ERM. This decision was based on the conclusion that …Continue
Added by Steven Minsky on February 12, 2016 at 4:00pm — No Comments
When it comes to Enterprise Risk Management, there is a lot of jargon floating around, mostly because it’s a unique, rapidly growing industry. Not all of that jargon is necessarily industry-wide; organizations will sometimes use different terms for the same concept.
One example is the phrase risk-informed activities. We haven’t used this exact phrase in the past, but…Continue
Added by Steven Minsky on February 9, 2016 at 4:46pm — No Comments
LogicManager was recognized in a leading industry analyst’s most recent evaluation of the top 14 GRC software vendors. We take pride in the continued refinement of our product offerings and capabilities, as well as customer satisfaction levels unparalleled in the governance, risk, and compliance market.
LogicManager’s business model is designed to remove…Continue
Added by Steven Minsky on February 3, 2016 at 8:00pm — No Comments