Compliance Week: Gaps in Integrated Risk Management

Many organizations’ enterprise risk management capabilities aren’t as integrated as they need to be, leaving them vulnerable to legal, financial, regulatory, and reputational risks. This is just one of many key findings in a new governance, risk, and compliance benchmark report, conducted by Compliance Week in partnership with Riskonnect.

The survey also revealed that:

  • 44% of respondents have standardized some processes and technology, but not across the entire enterprise.
  • 35% of respondents said their processes and technology remains largely siloed.
  • 20% of respondents said their processes and technology are well integrated across the organization.

The survey polled 113 compliance, risk, and audit executives from around the world to get a read on their organizations’ risk management capabilities, how effective they are at mapping risks, what metrics they track, and more.

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