Minority of central banks use GRC platforms
RSA Archer and SAP named as providers
A minority of central banks use a governance, risk and compliance (GRC) system, the Risk Management Benchmarks 2022 show.
Central Banking asked officials from 30 central banks whether their institutions have a GRC system, of which 37% said they do.
GRC systems can help implement a systematic approach to risk management across a range of areas.
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