GRC platform is an umbrella term used to cover the approach of an organization toward the three areas: governance, risk, and compliance. Governance can be defined as the boundaries within which an organization should operate. It focuses on providing definitions for an organization’s code of conduct to ensure compliance. Risk management consists of developing strategies for tackling the risks to which an organization is exposed. Its framework involves identification, assessment, evaluation, and potential solutions for risks. Compliance focuses on adhering to external requirements such as wider corporate policies, laws, and regulations. GRC platform enables organizations to reinvent themselves, develop a more economical cost structure, and increase overall efficiency.
The analysts forecast global GRC platform market to grow at a CAGR of 8.35% over the period 2014-2019.
Covered in this report
This report covers the current scenario and the growth prospects of the global GRC platform market for the period of 2015-2019. To calculate the market size, the report considers revenue generated from the on-premise, SaaS, and hosted GRC platform services segments.
The report, Global GRC Platform Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the Americas, APAC, and EMEA; it also covers the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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- NASDAQ OMX
Other prominent vendors
- Cura Technologies
- CMO Compliance
- Jade Software
- MEGA International
- SAI Global Compliance
- SAS Institute
- Sword Achiever
- Thomson Reuters
- Wolters Kluwer Financial Services
Key market driver
- Need for high profitability and performance
Key market challenge
- Integration issues for siloed GRC solutions
Key market trend
- Market consolidation of GRC service providers
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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