Grand

Grand GRC Software Solution is an AI-powered Governance, Risk, and Compliance (GRC) platform designed to streamline regulatory adherence for financial institutions and other industries. It combines policy management, regulatory horizon scanning, risk management, and third-party risk management into a unified, AI-driven solution. The platform emphasizes automated compliance workflows, real-time updates to regulatory obligations, and a centralized repository of obligations to help organizations stay compliant with minimal manual effort.

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How it helps your organization

• Centralizes governance, risk, and compliance activities across policies, risks, and regulatory obligations.
• Provides rapid regulatory analysis through AI to identify and interpret obligations across numerous regulations.
• Maintains a Regulatory Obligations Inventory (ROI) as a single source of truth for applicable laws and guidelines.
• Automatically updates obligations when new regulations emerge or existing ones change.
• Maps policies to the exact regulatory obligations they fulfill and links risk factors to obligations for clear traceability.
• Automates compliance actions, reminders, and reviews as regulations evolve.
• Supports industry-agnostic deployment with configurable obligations and scalable infrastructure.
• Positions compliance as a strategic advantage by reducing downtime, enhancing reputation, and lowering costs through automation.

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Key Features

• AI-driven regulatory analysis for rapid interpretation of obligations
• Regulatory Obligations Inventory (ROI) as a central repository
• Policy-management tightly linked to regulatory obligations
• Risk mapping to specific obligations with clear impact analysis
• Automated alerts and reminders for regulatory updates
• Horizon scanning and regulatory news monitoring
• Third-party risk and vendor management integration
• Out-of-the-box and configurable standards for multiple jurisdictions
• Industry-agnostic applicability with scalable, configurable architecture
• Integration with governance and risk workflows to streamline compliance checks

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How it works

1. Define governance and policies. Import or create policies and map them to applicable obligations in the ROI.
2. AI-driven analysis. The system scans regulations, extracts obligations, and updates the ROI in real time.
3. Risk mapping. Link risks to specific obligations to understand where vulnerabilities exist.
4. Automate actions. Generate reminders, reviews, and remediation steps when regulations evolve.
5. Monitor and report. Use dashboards and reports to demonstrate compliance status and readiness for audits.

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Benefits

• Reduces manual effort and complexity by consolidating compliance activities.
• Improves accuracy with real-time obligation updates and AI-driven insights.
• Provides a single source of truth (ROI) for faster decision-making.
• Enhances governance, risk management, and regulatory compliance collaboration.
• Scales with your organization and adapts to multiple frameworks and industries.

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Safety and Legal Considerations

• Designed for regulatory adherence and risk management; ensure proper configuration for your jurisdiction and industry.

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Core Features

• AI-driven regulatory analysis for rapid obligation identification
• Central Regulatory Obligations Inventory (ROI) with source-linked obligations
• Policy-to-regulation mapping for clear accountability
• Risk-factor mapping to obligations for vulnerability visibility
• Horizon scanning and regulatory news monitoring
• Automated compliance actions, reminders, and reviews
• Third-party risk management integration
• Industry-agnostic, configurable obligation framework
• Real-time obligation updates as regulations change
• Integrated governance, risk, and compliance workflow support