MINNEAPOLIS--(BUSINESS WIRE)--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 GFRC 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.
Chartis is the leading provider of research and analysis on the global market for risk technology. Its goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance. Chartis helps clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology. RiskTech100® is a registered trade mark of Chartis Research limited. Chartis Research is authorized and regulated by the Financial Conduct Authority (FCA) for providing investment advice - (www.chartis-research.com).
About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services provides customers worldwide with risk management, compliance, finance and audit solutions that help them successfully navigate regulatory complexity, optimize risk and financial performance, and manage data to support critical decisions. With more than 30 offices in 20 countries, our prominent brands include: AppOne®, AuthenticWeb™, Bankers Systems®, Capital Changes, CASH Suite™, GainsKeeper®, NILS®, OneSumX®, TeamMate®, Uniform Forms™, VMP® Mortgage Solutions and Wiz®. Wolters Kluwer Financial Services is part of Wolters Kluwer, which had 2014 annual revenues of €3.7 billion ($4.9 billion), employs 19,000 employees worldwide, and maintains operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.