Quantivate Blog

Consumer data privacy is a growing concern for customers, businesses, and regulators alike. Just this year, at least 38 states introduced more than 160 consumer privacy–related bills, according to the National Conference of State Legislatures. Following proper data usage and advertising practices has become a high priority for organizations, as penalties for not complying with new legislation are high. To keep track of the moving target of privacy-related regulation, organizations need to find innovative…

Evaluating, selecting, and implementing risk and compliance management solutions can be a difficult and time-consuming task. If your organization is going to invest time and money in adopting GRC technology, then you need to understand the potential problems you may encounter in the process. Research firm GRC 20/20 has identified over 800 different GRC technology solutions and counting. With no shortage of options, organizations must do their due diligence in determining whether a solution will be…

In today’s business environment, it’s critical to stay on top of regulatory change. For organizations in regulated industries, the interconnected web of third-party relationships, distributed operations, global supply chains, and more make compliance management increasingly complex. Relying on spreadsheet- or document-based methods for managing and monitoring change won’t equip your organization to keep pace as the regulatory landscape grows and evolves. Furthermore, the siloed and manual processes that are still prevalent in many institutions…

“Rome wasn’t built in a day.” This old adage rings as true for governance, risk, and compliance (GRC) management as it does in any other scenario. An effective, efficient, and agile GRC program will not be built overnight; it’s a significant undertaking that requires buy-in and collaboration across your entire organization. Businesses can’t expect to effectively manage GRC initiatives in isolation using manual processes and disjointed, department-level strategies. Your organization’s risk landscape is interconnected…

A governance strategy helps leadership teams determine the policies, processes, and corporate structures that guide employees in fulfilling the organization’s mission and abiding by its values.  Governance contextualizes and codifies conduct by setting expectations and boundaries for personnel and their activities. In highly competitive labor markets where good talent is scarce, organizations must ensure that their corporate culture attracts and incubates world-class talent.    Read more | Setting the Tone for Governance and Ethics: Guidance for GRC Leaders >  4 Attributes of Effective Governance  Good governance is…