Governance, Risk and Compliance Features

Federate your GRC activities under one digital platform

Strengthen risk management by identifying and mitigating risks across business processes, applications, and data

Map risks to your organizational structure, processes, and objectives

Use a single repository that connects processes, risks, and controls to design a GRC framework in-line with your business objectives and touches.

Perform contextualized risk assessment campaigns

Calculate inherent and residual risk exposure using campaign automation.

Identify, categorize, and analyze incidents

Track incidents and loss events to refine risk analysis.

Get a holistic view of your current and expected risk exposure

Ascertain your risk exposure in real-time using out-of-the box and market standards visualizations and reports.

Bolster compliance and internal control to comply with policies and regulations

Map controls to your organizational structure, processes, policies, and regulations

Use a single repository to design a GRC framework across processes, risks, and controls that is in-line with regulations and policies.

Perform contextualized control assessment campaigns and testing

Assess compliance status using campaign automation.

Identify issues and follow-up on action plans

Use reports and workflows to identify issues, monitor mitigation progress, and improve compliance status.

Monitor and report compliance status in real-time

Use out-of-the-box visualizations and reports that show in real-time how compliance efforts are working.

Conduct internal audit using a risk-based approach that spans the entire audit lifecycle

Build dynamic audit plans

Improve alignment between audit scoping and business priorities by leveraging prior audit results and risk information.

Perform audit execution

Streamline audit fieldwork with a centralized audit program library and digital workpaper management.

Identify findings and issue recommendations

Simplify record findings and issue recommendations on and offline with secured evidence storage.

Report on audit status and action plan follow-up

Deliver strategic audit insights to Management via ready-to-use dashboards and reports.

Improve operational resilience to withstand crisis and disruptions

Identify critical operations

Understand how your infrastructure support business objectives by visualizing process interdependencies and reliance on IT systems.

Perform Impact Analysis

Determine process criticality and recovery objectives (RTO) by running Business Impact Analysis (BIA).

Design business continuity plans

Create, document and store centrally business continuity plans with recovery procedures.

Manage crisis and recovery following disruptive events

Set automatic trigger for plan initialization with staff notifications to start recovery.

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MEGA HOPEX Platform for governance, risk and compliance

Simplify collaboration and ensure alignment, collect and analyze information, and get actionable insights with a smart, automated and connected platform.

Smart: Get data-driven insights

Persona-based dashboards: Monitor your risk exposure with dashboards tailored for each main stakeholder to make data-driven decisions.
Notifications and alerts: Get notifications and alerts on key risk indicators, incidents, and tasks.
Integration with business process and IT assets: Improve risk visibility on your process design and supporting IT infrastructure.

Automated: Accelerate your projects delivery

Assessment campaign scheduling: Continuously monitor risk and compliance level with automated assessment campaigns.
Action plan workflow: Identify issues and use intelligent workflows to perform agile remediation.
Automatic report creation: Instantly aggregate reports on various dimensions for stakeholders.

Connected: Improve collaboration and alignment

Integrations: Augment your GRC capabilities via HOPEX’s out-of-the box integrations and Open APIs to connect to 3rd party systems and content.
Collaboration: Foster engagement and accountability using configurable workflows, activity updates, and chat functionality.
Mobility: Access and update HOPEX data on mobile applications to improve auditor productivity and audit speed.

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Accelerate the implementation of your governance, risk, and compliance framework with out-of-the box integrations

Microsoft Office

Import organizational structure, processes, risks, and controls directly into the HOPEX repository using pre-defined Excel templates. Export risk, compliance and audit reports to PowerPoint, Excel, or Word to easily share information across the organization and with regulators.

Bold BI

Use Bold BI’s powerful predictive analytics and visualizations to identify business risks from weak signals and forecast risk trends to sharpen your risk perspective.

UCF

Retrieve regulatory content from UCF® (Unified Compliance Framework) that maps and harmonizes 10,000+ controls to more than 1,000+ regulations, as well as standards to streamline compliance initiatives and reduce costs.

Rest API and GraphQL

Perform custom integrations with any third-party products using simple, efficient, industrialized GraphQL and REST APIs.

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Standardize and complement your GRC practice by following leading risk and control frameworks

ISO

Manage risk (ISO 31000), implement a business continuity management system (ISO 22301), and improve IT security (ISO 27001 &27002) in HOPEX using standards set by the International Organization for Standardization.

NIST

Manage and reduce cybersecurity risk in HOPEX using the Cybersecurity Framework (CSF) published by the National Institute of Standards and Technology (NIST).

PCI DSS

Increase the control and security of your cardholders’ data in HOPEX using the Payment Card Industry Data Security Standard (PCI DSS).

HIPAA

Ensure data privacy and controls on Protected Health Information (PHI) meets the Health Insurance Portability and Accountability Act (HIPPA) using HOPEX.

GDPR

Use HOPEX to ensure EU residents’ data meets the General Data Protection Regulation (GDPR).

CCPA

Use HOPEX to ensure your California resident data meets the California Consumer Protection Act (CCPA).

SOX

Use HOPEX to foster financial transparency and reduce risk of internal fraud for companies operating in the United States using the Sarbanes-Oxley framework.

SMCR

Manage the accountability and responsibilities of senior managers in HOPEX using the Senior Managers and Certification Regime (SMCR).

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See how we have helped our customers implement their projects

MEGA Customer Story - EIB - GRC Systems Transformation

Blog Posts

How the European Investment Bank transformed its GRC system

See all resources

Core governance, risk and compliance use cases

Enterprise and Operational Risk Management

Manage risks holistically to achieve corporate objectives and address uncertainties.

Compliance and Internal Control

Ensure compliance by fostering a robust control environment to protect the organization against threats.

Audit Management

Prioritize, plan, manage and conduct your audits using a risk-based approach to deliver independent assurance.

Process Driven GRC

Strengthen process resilience by embedding risks and controls directly in the process diagram.

IT compliance

Protect and secure your digital assets by complying with IT regulations and industry standards sourced from the United Compliance Framework (UCF®).

Privacy Management

Comply with worldwide data protection regulations and standards to protect and secure your clients’ data.

Business Continuity Management

Plan, manage and execute a business continuity plan to ensure operational resiliency in times of crisis.