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

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

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

4. 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;

5. The Technical and Behavioral Dimensions

6. 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.

7. 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

8. 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

9. 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

10. Thank you for listening!
Dennis Reyes, Ph.D.
President & CEO
Malimarde Knowledge Labs, Inc.
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