Next Generation GRC Models Navigating through the problems of provenance, immutability, and traceability in Audit Systems

Discussion Points The Technical and Behavioral Dimensions The Technical Solutions Framework The Behavioral Solutions Framework

The Problem How do we solve the problem of transactional and operational traceability?

A Systems Approach Problems, and the mix of possible solutions to a problem is a combination of hard (engineering) and soft(behavioral) systems that are in persistent, dynamic interaction; Problems, and the corresponding solutions is 15% bits and bytes and 85% socio-psychological;

The Technical and Behavioral Dimensions

The Common Denominator Data is the common denominator that traverses both the technical and behavioral dimensions. It is the basis of the codified source used for audit and GRC- related functions, and the substance of the information we produce as auditors and GRC practitioners. To solve our stated problem of achieving transactional and operational traceability, we need to fix our data environment.

Next Generation GRC Technical Environment Strategic Components Master Data Management Strategy and Framework Data Harmonization Strategy and Framework Data Protection, Data Security, and Data Privacy Strategy and Framework

Required Capabilities for the Next Generation GRC Automated Workflow Capabilities Standard Enterprise Multi-Capability Data Registries Automated ETL Capabilities Advanced Ingestion, Search, and Streaming Capabilities Machine Learning and Advanced Rules Algorithms (AI) Capabilities Analytics and Visualization Capabilities

Required Next Generation GRC Functional/Organizational Capabilities Automate Automate, automate, automate Transform Transform manual tasks to automated tasks Establish Clearly establish what will be measured and monitored Harmonize Harmonize your organization’s products and services Institute Institute continual functional and procedural streamlining at the business unit level Delineate Delineate ”process” from “procedures” within your organizations

Thank you for listening! Dennis Reyes, Ph.D. President & CEO Malimarde Knowledge Labs, Inc. M: +639178029300 | +639088750528 E: dennis.reyes@malimarde.c om A: 9/F Filinvest One Bldg. Northgate Cyberzone Alabang Visit us @ http://www.malimarde.co m