Grace Connect Risk Management provides enables a sound and efficient management of non-financial risks across the organization
Grace Connect Risk Management modules are designed to identify, measure, mitigate, monitor, and report on qualitative measures of all non-financial risks that may arise in the organization from new projects, processes, or from forward looking risk assessments performed by business line managers. The Risk module also encompasses the possibility to perform Privacy Impact Assessments.
Grace Connect Risk Management offers a module dedicated to Operational Risk Scenario analysis to measure Low Frequency and High Severity type of events.
The GRC Suite also includes a specific module to carry out self-assessments of the Risk Management Function, essential to assess the level of maturity of the risk framework within the organization.