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      What's the real cost of fragmented risk management?

      Many organizations struggle with fragmented governance, risk and compliance (GRC) environments. Over time, risk, compliance, internal audit and regulatory activities often evolve independently, resulting in multiple tools, duplicated processes and inconsistent data.

      The consequences go beyond operational inefficiencies. Disconnected systems can limit visibility into enterprise risks, make compliance monitoring more complex, delay decision-making and reduce confidence in reporting. As regulatory expectations continue to grow, organizations need more than additional tools – they need a connected approach.

      How technology-enabled GRC solutions can help

      Integrated GRC platforms create a single source of truth by bringing risk, compliance, controls and audit activities together in one environment. But centralizing data is only the first step. The real value comes from transforming information into actionable insights. Advanced analytics, AI, and business intelligence capabilities help organizations move beyond static reporting, identify emerging risks, monitor mitigation activities and make more informed decisions.

      As risk management evolves from a compliance function into a strategic capability, technology is becoming a critical enabler. The goal is no longer simply to meet regulatory obligations, but to create the transparency, intelligence and agility needed to support business performance.

      Why technology alone is not enough

      Modernizing risk management requires more than technology. Organizations must also address implementation complexity, ongoing maintenance and specialist resource constraints.

      KPMG Risk Hub helps overcome these challenges by combining IBM® OpenPages® technology, managed services and risk expertise in a single solution. The solution provides integrated data, effective reporting, and AI-driven advanced risk analytics and insights at a flexible and scalable level to help meet each business’s unique GRC needs, whatever its size.

      Developed for risk professionals, by risk professionals: Watch the video to learn more about KPMG Risk Hub

      KPMG Risk Hub

      a single platform delivering a multitude of GRC capabilities

      KPMG Risk Hub is designed to provide a flexible, intuitive risk management solution that includes these elements as standard:

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      Advanced AI-powered technology

      Built on the proven GRC solution IBM® OpenPages®, KPMG Risk Hub brings the latest AI technology, machine learning and automation capabilities.

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      Inbuilt best-practice frameworks

      Pre-loaded leading risk assessment and mitigation practices enable you to realize value from day one. At the same time, flexible configuration options allow Risk Hub to be tailored to your specific frameworks or requirements.

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      Real-time risk insights through advanced business intelligence

      Efficient, broad-ranging, and quality data services are included as standard to provide advanced analytics capabilities. IBM® Cognos® Analytics enables the suite of pre-built reports plus self-service reporting. 

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      Implementation, configuration and training by risk specialists

      Turnkey configuration, KPMG implementation support, bespoke training and intuitive e-learning modules enable speed-to-value.

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      Ongoing system management

      Ongoing functionality improvements and regular software upgrades.

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      Business support

      KPMG offers ongoing business and technical help desk support.

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      Industry-specific risk capabilities

      Our solution can be tailored to suit your industry’s specific needs.

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      Data management

      A managed service providing efficient and quality data services.

      Functionality

      KPMG Risk Hub is your central platform for GRC management. It unifies a broad range of capabilities into one connected technology solution, helping you address complex risk and compliance challenges with precision. It empowers you to tailor your approach to meet evolving organizational needs. Its scalable design ensures it grows with you, adapting seamlessly as new requirements emerge.

      • Regulatory compliance management

        This KPMG Risk Hub module helps organizations stay compliant with evolving regulations by monitoring relevant regulatory changes, filtering out noise, assessing their impact and supporting informed decision-making. By integrating compliance obligations into the broader risk management framework and linking them to risks, controls, incidents and issues, it provides a holistic view of compliance while enabling efficient tracking, approvals and evidence of compliance.

      • Risk management

        The KPMG Risk Hub – Risk Management utilizes IBM® Cognos® Analytics to create a catalog of better practice reports that can be used from day one. Kick-start your integrated risk reporting for management and board requirements, with an inherent flexibility that enables you to create bespoke interactive reports for exploration, oversight, challenge or reporting purposes.

      • Internal Audit management

        Developed by internal auditors, for internal auditors. With its integrated real-time data and advanced analytics, KPMG Risk Hub – Internal Audit Management can help leaders make insightful risk-based decisions, manage and monitor their audits, review and monitor progress on audit plans and track audit remediation.

      How KPMG Risk Hub works

      KPMG Risk Hub can enable organizations to have greater oversight and insights, forming an integrated view of risk, compliance, events, and controls so you can make risk-based decisions that enhance business performance.

      Powered by IBM® with KPMG risk support

       

      Built on industry-leading GRC solution IBM® OpenPages®, KPMG Risk Hub offers a simplified and intuitive portal that guides users for the efficient capturing and management of risk and compliance activities.

      Implementation, training and support is provided by KPMG's risk professionals, enabling in-house risk teams to focus on adding value into the business.

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      Integrated artificial intelligence

       

      AI capabilities help unlock the power of data. Information is integrated across every level of the business through a cloud-based solution enabling immediate risk mitigation.

      Access a holistic view of reliable insights across risks, controls, obligations, and issues in real-time for management reporting.

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      Advanced business intelligence


      KPMG Risk Hub's integrated data, automated activity monitoring and advanced analytics provide better insights for improved decision-making and peace of mind. Included is a suite of insight and intelligence reports from KPMG's industry leaders and GRC professionals which can be easily created from a template or edited to suit your needs.

      Leaders can have confidence that compliance is achieved, risks are mitigated, and corporate policies and procedures are enforced.

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      Get in touch

      Get in touch today to find out how KPMG Risk Hub can help you make better risk-based decisions.

      Contact us
      KPMG Risk hub

      Frequently asked questions

      KPMG Risk Hub is powered by IBM® OpenPages® and has been fully tailored by KPMG. It is a fully integrated GRC system encompassing all aspects of the GRC landscape. The standard implementation can take as little as a few weeks, depending on the volume of data, training needs, and breadth of the onboarding. 

      KPMG professionals guide your team through the KPMG Risk Hub onboarding process and work with you to gather risk data and map your risk management processes to the tech solution, followed by comprehensive training and testing before implementation sign-off. As KPMG hosts, maintains, and administers the tech solution for you, your time investment should be minimal.

      Nothing. Once KPMG Risk Hub is implemented, you use the tech solution to help manage business GRC processes, with no time needed to be spent on system maintenance, as we do this for you as part of the Managed Service, making it a future-proof solution.

      KPMG’s Risk Hub solution is both cost-effective and efficient. Being a subscription-based solution means that you have the freedom and flexibility to completely control cost, based on your unique circumstances and roll-out plan. KPMG Risk Hub enables our clients to start small and expand the solution’s capabilities as and when risk frameworks and processes mature, or your needs change.

      Yes, KPMG Risk Hub is simple to use and navigate for the end-user through a highly simplified task-focused interface. There is built-in guidance (step by step) for specific tasks, and the help desk can be accessed through a dedicated ticketing system, with defined SLAs. In addition, up-to-date User Guides are accessible to all clients directly from the system.

      Your direct contact is with a GRC specialist, who understands your organization, your specific requirements, as well as best practices, enabling you to get support from someone who is not just a system specialist.

      KPMG Risk Hub has many hosting options to suit your needs (KPMG Cloud Hosted, Client Cloud Hosted). Please reach out to us with your preference, and we will be happy to accommodate your request. 

      No, KPMG professionals implement, operate, and maintain KPMG Risk Hub for you. We handle all your everyday KPMG Risk Hub technical support.

      KPMG Risk Hub has an integrated REST API, which can be leveraged to develop system integrations. Integration with third-party applications is possible if APIs and connectors to the third-party application are available. As each integration has its own set of data and complexity requirements, KPMG will workshop/discuss with you to meet your integration requirements.

      Yes, KPMG firms are leaders in risk advisory and compliance management. KPMG Risk Hub stands out through innovative continuous improvement drawing on KPMG’s deep global insights into risk analysis and prediction, as well as process excellence across functions and industries. Collaboration with IBM gives us early access to the latest developments, seamlessly integrated into the system. KPMG's managed services handle application upgrades and ongoing support, with enhancements rolled out as frequent releases. This proactive approach keeps the GRC solution at the cutting edge, ensuring exceptional value and performance.

      AI is at the core of the global KPMG strategy and central to the KPMG Risk Hub continuous improvement roadmap. Collaboration with IBM gives us early access to the latest developments. KPMG Risk Hub already has AI functionality built-in, including within IBM® Cognos® Analytics and new use cases are added as and when they become available to support our clients and enable them to optimize and elevate their user experience.

      KPMG Risk Hub can be accessed via mobile devices on Windows, Android, and iOS operating systems. KPMG Risk Hub, powered by IBM® OpenPages®, is a 100% web-based application and does not require any client software or browser plugins. Supported browsers include MS Edge and Chrome-based browsers, with Firefox and Safari also usable. The application automatically adjusts to smaller screens for a seamless experience.

      Contact us

      Gianfranco Mei

      Partner, Advisory

      KPMG in Luxembourg

      Onur Özdemir

      Partner, Cyber & Tech Risk

      KPMG in Luxembourg

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