At IIB, our key consideration in investment decisions is the potential for sustainable value growth and as one of the regional market leaders, the bank strongly believes in partnering with companies that share our vision and one such investment is EGRC
," he added.
core activity is the development of high quality and affordable residential communities in the region, mainly targeting the middle income sector.
is the main developer of the Al Fareeda Project, strategically located in the north of Jeddah.
According to the Gartner report, "the EGRC
platform market derives from the need for many entities to improve the oversight of corporate governance - including financial reporting compliance, enterprise risk management (ERM) and related audits.
was set up via a strategic partnership with some of the strongest financial as well as growth institutions in the region and together owned by Islamic Corporation for Private Sector Development.
This Magic Quadrant for EGRC
platforms presents a global view of Gartner's assessment of the main software vendors that should be considered by organisations seeking a technology solution to support the oversight and operation of enterprise wide risk management and compliance programs, with the overall objective being improvements in corporate governance and the ability to achieve business objectives.
The MEGA Suite provides EGRC
solutions that help companies gain control over their operations and maximize business performance within acceptable risk levels.
According to the Gartner report, "The EGRC
platform market is derived from the need for many entities to improve the oversight of corporate governance - including financial reporting compliance, ERM and related audits.
Sai Huda, Vice President and General Manager, EGRC
Solutions, FIS, added, "We are honored to have been selected by AFSA and excited to partner together to provide an innovative industry leading solution to AFSA members to enhance risk management.
According to the report, "The market for EGRC
platforms is shifting from a focus on regulatory compliance to a focus on enterprise risk management.
To maximize business performance within acceptable risk levels, the MEGA EGRC
software solution helps executives coordinate their efforts, while managing and communicating enterprise information in a consistent way.
We are pleased that Protiviti is positioned in the EGRC
Platforms 'Challenger' quadrant," said Scott Wisniewski, managing director, Risk Technologies, Protiviti.