eGRC automation for a leading financial institution in

Bahrain
Client challenges

“ Successful
translation of
business, IT and
Senior Management was concerned about the return on
investments from the investments being made on
implementation of systems. Business units was getting overly
concern that the applications are not meeting the business
requirements.
IS requirements Below are some of the other challenges being faced by the
client business during the initial stages of the project.
into eGRC tool  Translation of Business workflow and requirements to

”
technical designs
 Obtaining Stakeholder buy in
 Successful transition management to business and end users

Scope of work

ProVise advised the client to implement eGRC solution to overcome the challenges highlighted by the senior
management during the initial meetings.
ProVise was engaged to provide project management and end to end support for the eGRC automation activities
for this large banking group in Bahrain.
Key Achievements:
ProVise Approach  Successfully implemented
and operationalized the
Organization wide Asset
We followed the approach of Thought Leadership to Benefit Realization in and Risk Management
order to establish a self sustaining and continually improving eGRC meeting process
the following objectives:  Conducted training
workshops for business and
 Business aligned goals;
end users
 Aim to Institutionalize GRC practice;  Successful ISO certification
with the eGRC tool in scope
 Focus on Program Value creation not only certification;
 Encourage “Ownership & Accountability”;
 Leverage Resources, Train on the Job and Co-Implement;

Value Delivered

ProVise delivered the following value to the client:

 Ownership and Accountability: We took the ownership and end to end accountability to drive every
stakeholder and ensure implementation in record time.
 Time constraints and dependencies: In order to achieve certification on time, the completion of eGRC project
was imperative, hence, we managed the eGRC project, defined the timelines and milestones very clearly along
with roles and responsibilities.
 Management Commitment: There was a strong push from the management and the goal of organization was
well communicated to the employees. So the commitment from the employees contributed in making this
project a success.
 Communication: Our team established a well defined communication plan with the client team as the number
of stakeholders involved was high. Roles and responsibility of the team was well communicated to each
stakeholder involved.