Company Performance Metrics
Richard Hurley: CEOPast Role: Deloitte, Senior Manager | Head of Technology SRO London
Our target customers are the second and third lines of defence in corporate organisations. Buyers commonly include the Chief Financial Officer, Chief Compliance Officer, Head of Internal Audit, Chief Risk Officer or Head of Control.
10,000s of expensive subject matter expert (SME) time is spent manually documenting and reporting on risk and
control. At the same time quality and cohesion at this scale is hard to maintain leading to poor quality information being captured in GRC solutions. The implication is a burdensome cost of compliance and inhibited risk based decision making reducing management confidence. The result is fines and reduced profits. There is a need for expert advice on a continual basis to ensure that the ever expanding scope of risk and control is kept up to date.
We are building an application that uses NLP to grade risk and control documentation according to industry best practice and provide near real time feedback to end users on the quality of risk and control documentation. Our goal is to provide this to our identified buyers above and other interested parties such as those in the insurance market.
