Evolving complexity in regulation, market dynamics, competitive forces and rapidly advancing technology are just some of the challenges forcing organisations to consider how to best improve governance, risk and compliance (GRC).
The impact of increasing risk and regulatory burden to organisational resources is not sustainable, unless technology is leveraged to deliver a cost effective risk management solution.
Risk Hub brings a holistic view of risks, integrating information and data across all levels of the business through an interactive, cloud based technology solution enabling real time risk management.
KPMG, in a global alliance with IBM, brings this complete managed risk service to the market at a price point equivalent to the cost of one risk professional.
With its integrated data and advanced analytics, Risk Hub helps leaders make insightful risk-based decisions to enhance business performance.
Risk Hub aligns and integrates governance, risk and compliance processes across your whole business
at the front line – helping your people make the right decisions
by executives and the board resulting from an integrated and complete view of risk
processes, templates, risk / control libraries and interactive dashboard reporting
for improved reporting and decision making
partnering with you to achieve your business objectives
as all for the cost of one risk professional - no capital cost, but monthly fee
Simple and intuitive to use. Implementation, administration and support provided.
Risk Hub enables organisations to have greater oversight and insights, forming an integrated view of risk, compliance, events and controls.
The timeline for implementation is approximately 8 to 12 weeks, depending on volume of data, number of users, and number of modules.
Support from your team would be required initially to identify the data, data sources, and mapping of your risk management processes to the solution, and then following with testing and signoff.
Nothing. Once Risk Hub is implemented, you only need to use the technical solution to help you manage risk, with no need to spend time and effort on management of the technical solution.
Risk Hub brings a holistic view of risks, integrating information and data across all levels of the business through an interactive, cloud based technology solution enabling real time risk management. With its integrated data and advanced analytics, Risk Hub helps leaders make insightful risk-based decisions to enhance business performance.
There is no Capital Expenditure (CAPEX) required for your organisation. This allows you the benefits of a fully capable GRC tool without the need to develop infrastructure, perform maintenance, or hire and maintain additional staff.
Risk Hub is simple to use and navigate for the end user by way of a highly simplified task-focused user interface.
We would really like to provide a cost estimate upfront however the cost is dependent on the size of your organisation and the number of users. Risk Hub is structured in a way that offers a flexible modular pricing system. We believe it offers the best value as a managed service to fit your risk needs.
Yes, a client has access to all their data. It is for the client to decide who can see which data and access will be applied at the relevant location in the organisational structure accordingly.
The technical solution and the managed service is operated in Australia, and the data is stored wholly within Australia.
The system operates on secure infrastructure within KPMGs global cloud platform One Platform, hosted on Microsoft Azure. OpenPages application security determines what data a user can view, or read and update. All users of the technical solution must have an authorised user licence. The technical solution does not hold any personal data of users other than their user ID and password.
Interested in finding out more? We will call you to discuss Risk Hub.