As your business evolves, you gather more data, add new complex systems, and face more advanced threats. Focal Point can help you improve your integrated risk management (IRM) maturity through a consultative IRM program evaluation and the rollout of an enterprise IRM platform. Our goal is to help you implement or optimize a solution that allows you to manage risk and controls, reduce the compliance burden on your internal audit team, and reap the full ROI from your IRM program investment.
When developing your IRM program, establishing a strong governance structure at the start enables a smoother implementation and ultimately a more sustainable IRM program.
At the start of the project, we work with you to design a governance structure to support your long-term IRM initiatives. We also build a tailored framework that creates a unified view of your risk and compliance activities.
Together, we identify software vendors and select a tool that can support your IRM objectives. Focal Point then builds a comprehensive project roadmap for implementation.
During Phase 3, Focal Point works to design processes and policies within the tool that support your business needs, particularly around privacy, security, identity, and operational risk.
At the project close, our team performs data and system migration and tests your new solution prior to Go Live. Following Go Live, we are available to provide ongoing IRM support to your team.