logo
  • Home
  • TRAVEL
  • HOTELS
  • RESTAURANTS
  • FOOD RETAIL
  • TECH NEWS
  • EXECUTIVE TALKS
  • EVENTS
  • Home
  • TRAVEL
  • HOTELS
  • RESTAURANTS
  • FOOD RETAIL
  • TECH NEWS
  • EXECUTIVE TALKS
  • EVENTS

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram YouTube LinkedIn
Monday, January 30
Facebook Twitter Instagram YouTube LinkedIn
Eat ‘N StaysEat ‘N Stays
  • Home
  • TRAVEL
  • HOTELS
  • RESTAURANTS
  • FOOD RETAIL
  • TECH NEWS
  • EXECUTIVE TALKS
  • EVENTS
Home»Tech News»The world’s largest GPRC summit calls
Tech News

The world’s largest GPRC summit calls

Eat n StaysBy Eat n StaysJanuary 24, 2023Updated:January 24, 2023No Comments3 Mins Read25 Views
Facebook Twitter Pinterest LinkedIn Telegram Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The world’s largest GPRC summit calls for an integrated approach to GRC to achieve 360-degree risk awareness

  • GPRC Summit 2023 addresses GRC tactics and technologies with a focus on performance and strategy for an ever-growing risk and compliance market expected to reach 134.86 billion USD by 2030
  • The event also witnessed the announcement of Corporater’s new office opening in Riyadh

Riyadh, KSA-:

The GPRC Summit 2023 in Riyadh, organised by Ejtemaat Events and hosted by Corporater, a global software company providing integrated governance, performance, risk and compliance (GPRC) solutions, brought together GRC experts, CEOs, executives and key decision makers from various industries to discuss technologies, insights and key trends shaping the future of enterprise management.

Inaugurating the summit, Dr. Sultan Saud Alsajjan, General Manager, Governance and Compliance, Ministry of Municipal and Rural Affairs and Housing, KSA, said, “Any governance and risk management process consists of three key elements – legislation, execution and control, which include internal audit and compliance – but the key element of an effective GRC is the systematisation of the above processes. Systematising these three processes so that they function as a unit to achieve the strategic objectives of GRC by adopting both local and international best practices to meet the needs of all stakeholders is the key to business excellence.”

Presentations and panel sessions at the event addressed the current drivers and trends impacting the GRC market, which is expected to reach 134.86 billion USD by 2030, with the enterprise software segment of the GRC market to maintain its dominance during the forecast period. Discussions at the event highlighted the need for organisations to focus on agility, resilience, integrity, accountability, and engagement in risk management.

The event also witnessed the announcement of Corporater’s new office opening in Riyadh, Saudi Arabia, presented by H.E. Thomas Lid Ball, Ambassador of the Kingdom of Norway to Saudi Arabia, Bahrain, Oman and Yemen, Royal Norwegian Embassy, KSA.

“When we look at the state of GRC in 2023, one of the questions we need to ask is what our future looks like, both here in Saudi Arabia and in the global context, and what role government and corporate decisions play in today’s organisational risk and compliance. For example, in the financial sector, there are over 257 regulatory changes every day, coming from 1217 regulators around the world – that’s a lot of legal and regulatory changes to be aware of and deal with. But organisations need to look even further and keep up with global geopolitical and economic risks and changes in technologies and standards. So GRC is the capability of reliably achieving organisational goals through governance, managing the risks complying with laws and regulations,” said Michael Rasmussen, GRC Analyst and Pundit | GRC 20/20 Research, Inc, in his keynote address.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Eat n Stays
  • Website

Related Posts

Software AG demonstrates competitiveness of a truly connected enterprise at LEAP 2023

January 30, 2023

Huawei partners with stc tv to bring next-gen digital entertainment to Huawei users across the MENA region

January 30, 2023

SOCs to face greater challenges from cybercriminals targeting governments and media, despite staff shortages in 2023

January 29, 2023

Top 5 data privacy trends that will rule 2023

January 29, 2023

Smart roads: the arteries of progress

January 29, 2023

Turn Your Home Into The Best Destination For Staycation With LG TVs

January 28, 2023

Leave A Reply Cancel Reply

Advertisement
 Advertise
Eat ‘N Stays
Facebook Twitter Instagram Pinterest YouTube Dribbble
  • Home
  • About Us
  • Contact Us
  • Archive
© Copyright © 2023, Eat ‘N Stays. All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

Stay ahead and get up to date coverage of your industry news and trends.
Eat ‘N Stays is owned by: GLOBAL HOSPITALITY & TRAVEL – FZCO

Contact Details

Facebook Twitter YouTube LinkedIn Instagram
  • +966509749018
  • +966509749018
  • Email us
  • Contact us for Advertisement

Our Picks

Golf Stars Chasing Leader Rory Mcilroy After His Stunning Birdie Blitz At Hero Dubai Desert Classic

January 30, 2023

The Ritz-Carlton Abu Dhabi, Grand Canal Introduces Renay Nel At Sorso For Scenes Of Soul And R&B

January 30, 2023

ALTAWKILAT Universal Motors Delivers 25 Chevrolet Bolt EUV vehicles to SIXT Rent A Car

January 30, 2023
© Copyright © 2023, Eat ‘N Stays. All rights reserved.
  • Privacy Policy
  • Archive
  • About us
  • Contact us