Texert and RiskBusiness International today announced an agreement to market the Texert J-Port GRC platform with integrated risk and control Content Libraries and Taxonomy from RiskBusiness.
This integration offers clients an out of the box configuration of risk types, process types and control types that are mapped into exiting industry standards for risks and controls. The Libraries comprehensively cover the detailed risk types and control types that are necessary to document the business environment from an Audit, Compliance or Risk Management perspective. The Taxonomy also integrates with the KRI Library's taxonomy of risks, processes, products and service types.
Texert's J-Port GRC product provides customers with an innovative, market-leading product that provides a holistic view of risk across the corporate enterprise. It enables key stakeholders to identify, assess, manage and monitor risk and compliance. "We are now integrating market-leading content with J-Port's strong automated assessment and powerful risk correlation and aggregation capabilities," stated T. Curtis Holmes, Jr., President and CEO, Texert. "We can now offer our customers an out-of-the box solution that enables them to quickly integrate business risk information and compliance standards to support a strong enterprise and operational risk management framework. This powerful combination enables improved business analytics and performance across the enterprise."
The RiskBusiness Taxonomy and Risk Content Libraries were designed and developed by RiskBusiness and are a core component of its content management services. The Taxonomy provides users with comprehensive Libraries of content that are essential and form the backbone of a robust audit, risk or compliance program. The Taxonomy is supported with a set of online tools for fully integrated operations and support.
Jonathan Davies, RiskBusiness' Managing Director responsible for the Americas adds "Our content libraries provide a foundation for GRC integration. They act as a robust starting point for bringing together audit, risk and compliance management onto an integrated framework, to facilitate improved communication and analysis of
risk."