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The State of GRC:
How Financial Institutions Are Navigating Today’s Risk and Compliance Challenges
Banks and credit unions are investing in governance, risk, and compliance (GRC), but not every financial institution uses the same approach – and those approaches are not equal.
Ncontracts and CBANC surveyed 147 bank and credit union professionals to understand the prevalent strategies, practices, and trends within the GRC space, particularly risk and compliance.
Topics covered include
Top exam issues raised by examiners
Risk and compliance staffing plans
FI satisfaction with different GRC approaches
Role of vendors in GRC efforts
Factors in evaluating fintech partnerships