FrontGRC Ready

A pre-configured solution for easier implementation.

Designed for the banking and insurance industries, FrontGRC Ready is a solution that stems from FrontGRC software and is pre-configured for easier implementation and relevant functional coverage.

Capitalizing on its experience with more than 1,000 FrontGRC software users and applying market best practices in risk management and internal control, eFront provides a solution that fits your real needs.

Objective:

A packaged tool:

• Risk management methodology
• Integration of standard validation circuits
• Dynamic desktops

Fast and relevant implementation

A readily-available repository catalog

The functional coverage of FrontGRC Ready

-Repository process management with FrontGRC Risk:

• Hierarchical classification of business processes
• Mapping of business processes

-Graphic modeling of processes (FrontGRC Modeling) as an option

-Risk management with FrontGRC Risk:

• Risk identification
• Association of risks with business process cartography
• Gross and net risk assessment
• Management and assessment of risk control elements
• Action plan identification and follow-up

-Incident database management with FrontGRC Risk:

• Collection of potential risks
• Qualitative and quantitative loss assessment

-Permanent control management with FrontGRC Control:

• Definition of level 1 and 2 control sheets
• Assessment of level 1 controls by operating teams via a questionnaire
• Validation of level 1 controls by the department manager via a validation workflow  
• Assessment of level 2 controls by dedicated controllers
• Monitoring of control implementation through regular self-assessment campaigns
• Follow-up of control implementation through a control plan
• Identification and follow-up of action plans

Available tools:

-Management of repository validation steps through dynamic and customizable workflows

-Management of a tasks basket via dynamic desktops

-Collaborative document management:

• Tree structure for directory management
• Drag-and-drop file submission
• File versioning

-Simple authorization and privacy zone management

-Intuitive ergonomics

-Reporting:

• FrontGRC Ready comes with a catalog of standard reports and monitoring dashboards
• Personalized desktops based on user profiles

Benefits :

• A pre-configured product tailored to your needs
• Integrated reporting to ensure effective control
• A proven business methodology integrated into the tool
• A customizable implementation model
• Fast and relevant implementation
• Assurance of meeting regulatory requirements