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30Jun2019

Half Yearly Product Update

In the first half of 2019, a number of new features have been added to the 4TEUS GRCS product: 

  1. Metrics Module : Key Performance Indicators (KPIs) for Risks & Controls can now be documented within their own register, together with any target or limit figures.  A ‘current’ figure will then be used to determine a ‘variance’ and impact. This ‘current’ figure can either be input manually through the system or automatically through our standard APIs. Further phase(s) will start linking the ‘current’ scores into the ‘Impact/Likelihood’ scores on Risks and/or the ‘Effectiveness’ grades on Controls.
  2. Data Requests Module : Data requests from external sources (e.g. information requests from clients under the EU’s GDPR requirements) can also be documented within their own register, together with relevant information about source, dates, etc. to assist firms comply with the growing regulatory demands in this area.
  3. Assessment Template Library : A new central community ‘library’ for assessment templates is available.  This enables firms to access and download a variety of amendable templates that other firms have developed and permitted access to the community.

 

For further information contact us at enquiries@4teus.com.

  • 30 Jun, 2019
  • Quinapalus
  • 0 Comments
  • GDPR, KPIs,

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