The Nightmare After Christmas…Returning to Spreadsheets for Risk Management!

By Daniel Kandola |

As risk professionals finish up for the year and take a well-earned break over the festive season, they might be forgiven for feeling less than enthused about returning to work in the new year. For those using spreadsheets to manage GRC, it really is easy to understand why. Just like Jack Skellington in the Tim … Continued

Avoid Any Compliance Headaches This Festive Season – Automate Your Gifts & Hospitality Process

By Daniel Kandola |

As the holiday season approaches, we see many compliance officers feeling the pressure as they struggle to ensure employees are complying with gifts & corporate hospitality guidelines. Breaches of these policies could not only see employees breaking corporate codes of conduct and breaching company values, but it could even result in bribery & corruption prosecutions … Continued

Meet the Camms team at #RISK 2022 – Europe’s Leading Risk-Focused Expo

By Daniel Kandola |

We are excited to be attending #RISK 2022 – Europe’s leading risk-focused expo event in London at the ExCeL arena! #RISK is a leading European event bringing together the risk community to debate, learn and break down silos between sectors – and Camms is honored to be a Gold Sponsor. Dates: 16-17th November Location: ExCeL … Continued

De-risking GRC – Is your GRC Programme Actually Exposing you to Unnecessary Risk?

By Daniel Kandola |

If not set up correctly, a risk management program can actually expose a business to unnecessary risk. If a risk management program is not embraced by all employees, does not link to accurate data, is devoid of ownership, control & automation, or lacks essential functionality – limiting reporting and risk oversight – it can result … Continued

ESG Maturity: Focus on the Journey, not the Destination

By Daniel Kandola |

Understanding that investment into ESG initiatives can create long-term value for an organization is just the first step on your ESG journey; doing something about it by creating a roadmap that guides an ESG program to maturity is a longer path that requires structure. This evaluation of an organization’s collective conscientiousness for ethical social and … Continued

10 Ways to Detect and Measure Risk

By Daniel Kandola |

By simply being in business, organizations are exposed to thousands of risks every day. From supply chain risk, vendor risk, reputational risk, and technology failures, to accidents & incidents, non-compliance, strategic risk, and external threats from competitors, hackers, and geopolitical circumstances, businesses have a lot to manage.  To understand the risks they are facing, and … Continued

The Rise of the Risk Manager and the Tools They Use to Predict Risk

By Daniel Kandola |

Has it taken the worst public health crisis in modern history for businesses to realize the value of risk management? Amid enforced homeworking, strangled supply chains and heightened cyber threats, many organizations became acutely aware that they were underprepared for a black swan event. This realization that contingency planning is a vital element of business … Continued

Let’s Talk About UK SOX

By Daniel Kandola |

What UK SOX Will Mean for UK Businesses and GRC Professionals 2016 saw the insolvency of British Homes Stores. Carillion suffered the same fate in 2018. In 2019, the Financial Reporting Council (FRC) warned the UK’s eight largest audit firms to act swiftly to improve audit quality; by 2020, it found one third of all … Continued

Accountability in the financial services sector: time to toughen up!

By Daniel Kandola |

We hear a lot about the ‘risk landscape’: a turbulent place where change lurks around almost every corner and variables abound. This powerful metaphor brings to life the need for firms in the financial services sector to navigate through the risks and pitfalls between where they currently are as an enterprise, and where they should … Continued

The cost of keeping risk and strategy separate is often success.

By Daniel Kandola |

It might sound extreme, but the cost of keeping risk management and corporate strategy separate can be the success of your organization. All too often the senior team focus on setting the big picture strategy, with risk and compliance working at a purely operational level. Here at Camms we have been working over the last … Continued