Advisory Services

Keep Your Assets Safe from Potential Threats
Contact UsEnterprise GRC Demo

ADVISORY SERVICES

How we can help

Businesses, organisations and governments face a complex and ever-changing global environment which requires them to continuously change and transform themselves in order to remain competitive and relevant.

Our advisory practice, which comprises Deals and Consulting, is the partner of choice to assist global and local clients and governments to design, manage and execute lasting change, based on trusted relationships, deep industry knowledge and professional experience.

Governance, Risk and Compliance (GRC)

GRC stands for governance, risk (management), and compliance. Most businesses are familiar with these terms but have practiced them separately in the past. GRC combines governance, risk management, and compliance in one coordinated model. This helps your company reduce wastage, increase efficiency, reduce noncompliance risk, and share information more effectively.

Governance
Governance is the set of policies, rules, or frameworks that a company uses to achieve its business goals. It defines the responsibilities of key stakeholders, such as the board of directors and senior management. For example, good corporate governance supports your team in including the company’s social responsibility policy in their plans.

Good governance includes the following:

  • Ethics and accountability
  • Transparent information sharing
  • Conflict resolution policies
  • Resource management

Risk management
Businesses face different types of risks, including financial, legal, strategic, and security risks. Proper risk management helps businesses identify these risks and find ways to remediate any that are found. Companies use an enterprise risk management program to predict potential problems and minimize losses. For example, you can use risk assessment to find security loopholes in your computer system and apply a fix.

Compliance
Compliance is the act of following rules, laws, and regulations. It applies to legal and regulatory requirements set by industrial bodies and also for internal corporate policies. In GRC, compliance involves implementing procedures to ensure that business activities comply with the respective regulations. For example, healthcare organizations must comply with laws like HIPAA that protect patients’ privacy.

Vendor Management and Due Diligence 

In a seller’s market, transactions are fast-paced; deals are closed with less information than is ideal, and the risks are high. In a buyer’s market, everything reverses, but not exactly. Private equity and strategic buyers have significantly different requirements around due diligence. A financial buyer’s interest may be limited to only those risks that impact valuation, whereas corporate buyers need to consider factors that have long-term implications.

Security Awareness Program

In a seller’s market, transactions are fast-paced; deals are closed with less information than is ideal, and the risks are high. In a buyer’s market, everything reverses, but not exactly. Private equity and strategic buyers have significantly different requirements around due diligence. A financial buyer’s interest may be limited to only those risks that impact valuation, whereas corporate buyers need to consider factors that have long-term implications.

To Speak With Us About Your Cyber Security Program

Call Us Today: Toronto 416-915-4238 | Toll-free phone: 1-855-479-6575