Firms part­ner to ease cor­po­rate gov­er­nance

Daily Trust - - NEWS - By Zakariyya Adaramola

Olaolu Olabim­tan and Co says it has sealed part­ner­ship agree­ments with its tech­nol­ogy part­ners - Hitec Lab­o­ra­to­ries and C & F Adap­tive GRC, to dis­trib­ute the Pol­i­cyHub, OpRisk Con­trol and Adap­tive GRC so­lu­tion suites in the Nige­rian mar­ket.

Ac­cord­ing to the firm, Gov­er­nance, Risk and Com­pli­ance (GRC) tech­nol­ogy pro­vides a sin­gle in­te­grated plat­form where or­gan­i­sa­tions can man­age their cor­po­rate gov­er­nance, risk and com­pli­ance pro­cesses.

In a state­ment, the Man­ag­ing Part­ner of OO&C, Mr. Olaolu Olabim­tan said the tech­nol­ogy en­ables repos­i­to­ries for iden­ti­fied risks, con­trols, reg­u­la­tion, poli­cies, pro­ce­dures and au­dits to be com­bined into a sin­gle frame­work that fa­cil­i­tates col­lab­o­ra­tion among au­di­tors, com­pli­ance of­fi­cers, risk man­agers and se­nior man­age­ment.

In ad­di­tion to pro­vid­ing an all-round view of an or­ga­ni­za­tion’s risk ex­po­sures and statu­tory obli­ga­tions from a sin­gle plat­form, he added that it also re­duces the risk of du­pli­cate pro­cesses and as­so­ci­ated costs in time, stress and money. “Our part­ner­ship agree­ments com­ple­ment our con­sult­ing ex­per­tise and en­able us to deliver best in class tech­nol­ogy so­lu­tions to in­ter­nal au­dit, risk man­age­ment and com­pli­ance func­tions across the small, mid-mar­ket and en­ter­prise seg­ments,” he said.

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