The practice of governance, finance, risk and compliance is emerging in the financial services industry as a critical strategy to help guide organizations through the complexities of ever-changing regulatory demands. Chartis and Wolters Kluwer Financial Services today announced that they are jointly hosting a webinar on Wednesday, March 18 to demonstrate the practical implications of GFRC and best practices for its adoption.
The webinar will offer practical suggestions for addressing current acute challenges while charting a course toward an enterprise-wide, integrated view of GFRC that allows firms to govern issues and risks that exist at the intersection of multiple functions. Presenters include Peyman Mestchian, managing partner at Chartis and two of Wolters Kluwer Financial Services’ leading experts, Todd Cooper, vice president and general manager, Governance, Risk and Compliance and Wolfgang Prinz, vice president of product management.
The webinar will also focus on how firms can manage economic and regulatory capital, relate both to risk and compliance issues, and link capital allocation to performance. Presenters will offer an explanation of how existing business strategies feed into the GFRC framework, such as conduct and risk modeling; economic and regulatory capital requirements; compliance program management; reputational risk management; regulatory change management; and enterprise stress testing.
Additionally, the experts will cover:
What exactly is GRFC and why are the worlds’ leading financial services institutions adopting it?
Strategies to solve your organization’s most acute problems while investing in an integrated GFRC strategy;
Examples of how organizations are successfully implementing GFRC programs by utilizing advanced analytics, scenario analysis, and data mining to look for risks proactively and to provide strategic decision support to the business; and
New ways that technology can play a role in making GFRC a reality.
“In today’s marketplace, GFRC enables an organization to gain clarity and transparency into true enterprise-wide performance and risk,” said Richard Reeves, vice president of Strategy, OneSumX at Wolters Kluwer Financial Services. “An organization’s future success will lie in its ability to expand its overall business view, enabling them to respond quickly, consistently and efficiently to the challenges presented by evolving risk profiles and rapidly changing regulatory requirements. This webinar will show attendees the benefits of driving that process forward.”
To register for the complimentary webinar, please visit Wolters Kluwer Financial Services’ website.