Sword GRC can help you develop a culture of integrity, accountability and transparency within your organization, equipping your team with the tools for regulatory compliance best practice.
Controls and obligations can be assessed on a periodical basis to ensure they are up-to-date and being correctly followed to prove your organization’s compliance status. The required resources are sent an email alert to complete a compliance survey making it easy for them to guarantee the control or obligation is being followed.
Create and manage corrective actions to remediate control deficiencies, instead of manually having to seek them out.
Upload and store all policies related to obligations or controls in a centralized repository.
“The Compliance team have adopted the risk event reporting functionality to enable any colleague to submit regulatory breach incidents via the intranet. Similar to the risk events process, regulatory breaches are sent directly to the Compliance team for triage.
“… this automation will reduce the administrative burden associated with this activity, and ensure any regulatory breaches are be dealt with efficiently, enabling timely internal and external reporting.”
Read the full Yorkshire Building Society Case Study