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What is Oracle GRC?

Oracle's Governance, Risk and Compliance (GRC) framework comprises two main elements: the Enterprise Governance, Risk and Compliance Manager (EGRCM) and the Enterprise Governance, Risk and Compliance Controls (EGRCC). The EGRCM acts as a detailed documentation resource that articulates how a business manages risks and complies with regulations, enabling users to pinpoint potential risks, implement control measures, and associate them with pertinent business processes. Conversely, the EGRCC is divided into two essential components—Application Access Controls Governor (AACG) and Enterprise Transaction Controls Governor (ETCG)—that allow users to create models and controls aimed at identifying and resolving issues related to segregation of duties and transaction risks within enterprise applications. Both elements work together as modules within the GRC framework, with EGRCC functioning as a Continuous Controls Monitoring (CCM) module, while EGRCM encompasses a Financial Governance module. This cohesive strategy ensures that organizations can effectively tackle a wide range of compliance and risk management issues. Additionally, the integration of these components facilitates seamless communication and collaboration across different departments, enhancing overall organizational resilience.

What is Connected Risk?

Connected Risk offers a thorough solution designed to fulfill all governance, risk, and compliance (GRC) needs within a single platform. Utilizing our cutting-edge, low-code/no-code framework, EmpoweredNEXT, Connected Risk provides a strong infrastructure that allows for the development of applications customized to the specific needs of your team. This cohesive approach to comprehensive risk management is designed to manage your governance, risk, and compliance initiatives throughout a unified lifecycle, addressing the distinct requirements of your organization. Daily, prominent global organizations rely on it as a dependable resource for tackling GRC obligations. Moreover, enterprise risk management supplies your organization with vital tools to effectively navigate risks and disruptions. In addition, regulatory change management aids your compliance team in managing changes in a systematic and interconnected manner. Lastly, model risk management supports your organization in creating and maintaining an efficient model inventory, ensuring effective oversight of workflows. By implementing Connected Risk, you can enhance your organization's overall resilience and adaptability in the face of evolving challenges.

Media

Media

Integrations Supported

EmpoweredESG
EmpoweredNEXT
Invoca
Sionic
Thomson Reuters Compliance Learning

Integrations Supported

EmpoweredESG
EmpoweredNEXT
Invoca
Sionic
Thomson Reuters Compliance Learning

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Oracle

Date Founded

1977

Company Location

United States

Company Website

docs.oracle.com/cd/E37379_01/index.htm

Company Facts

Organization Name

Empowered Systems

Date Founded

1995

Company Location

United Kingdom

Company Website

empoweredsystems.com/connected-risk/

Categories and Features

Compliance

Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation

GRC

Auditing
Disaster Recovery
Environmental Compliance
IT Risk Management
Incident Management
Internal Controls Management
Operational Risk Management
Policy Management

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

Categories and Features

GRC

Auditing
Disaster Recovery
Environmental Compliance
IT Risk Management
Incident Management
Internal Controls Management
Operational Risk Management
Policy Management

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