Developed for risk professionals, by risk professionals
KPMG Risk Hub is designed to provide an integrated, real-time, holistic view of governance, risk, and compliance (GRC) across every level of the business, all in a single cloud platform.
This turnkey managed services solution offers a combination of AI-infused IBM® OpenPages® technology and leading-practice methodology, training, implementation, and configuration from KPMG firms — leading providers of risk and compliance advisory and assurance services.
This wraparound managed service 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.
Watch this short video to learn more about 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:
Built on proven GRC solution IBM® OpenPages®, KPMG Risk Hub brings the latest AI technology, machine learning, and automation capabilities.
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.
- 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.
Turnkey configuration, KPMG implementation support, bespoke training, and intuitive e-learning modules enable speed to value.
Ongoing functionality improvements and regular software upgrades.
KPMG offers ongoing business and technical help desk support.
Our solution can be tailored to suit your industry’s specific needs.
A managed service providing efficient and quality data services
How you can benefit
KPMG Risk Hub helps you make insightful, risk-based decisions to optimize business performance, identify risk gaps, support ESG reporting, empower frontline teams, and build risk connectivity across your business.
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
- Integrated artificial intelligence
- Advanced business intelligence
Powered by IBM® with KPMG risk support
Built on proven 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.
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.
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.
Frequently asked questions
How long does it take to implement KPMG Risk Hub?
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.
What is required from me during implementation? What support do we need to provide?
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.
*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.
What will I need to do for ongoing system maintenance?
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 this a future-proofed solution.
Are on-prem options available?
Yes. KPMG Risk Hub can be delivered as a cloud-hosted solution on the secure KPMG Azure cloud, other cloud environments as well as an on-prem solution. Please note, time and cost of on-prem solutions will be based on unique client requirements.
What are the potential benefits of KPMG Risk Hub?
KPMG Risk Hub is designed to provide a real-time, holistic view of governance, risk, and compliance (GRC) across every level of your business, all in a single cloud platform. With its integrated data and advanced analytics, KPMG Risk Hub can help leaders make insightful risk-based decisions to enhance business performance. Please refer to the slipsheets for further details.
Is KPMG Risk Hub cost-effective?
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.
KPMG Risk Hub can be offered as a KPMG hosted SaaS, which gives speed to implementation, value and economies of scale that significantly reduce end-consumer costs. We can also offer bespoke on-prem solutions with configuration, without starting from scratch.
Enterprise licensing is also available as an option. We'd like to provide a cost estimate upfront; however, the cost will depend on the size of your organization and how you will use the tech solution. Please fill in the contact form, and we will get back to you.
Is KPMG Risk Hub easy to use?
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.
How will our relationship be managed?
KPMG firms are leaders in risk advisory and compliance management. Your direct contact is with a GRC specialist, who understands your organisation, your specific requirements as well as better practice, enabling you to get support from someone who is not just a system specialist.
Where is the data hosted?
Risk Hub has many regional and in-country instances to comply with all relevant data security and privacy requirements, across the jurisdictions in which we operate. For more information, please contact us directly.
The system operates on secure infrastructure within KPMG's global cloud platform, One Platform, hosted on Microsoft Azure*.
*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.
Is Risk Hub SOC2® Type II accredited?
The Risk Hub Solution is SOC2® Type 2 accredited. Risk Hub environments are continuously monitored for network vulnerabilities and can be aligned as per your needs of network security. Under KPMG policy, penetration testing is executed after each major version upgrade of IBM® OpenPages®, or on an annual basis, we would work with you to ensure appropriate penetration testing can be scheduled and executed.
Can I access KPMG Risk Hub with a Single Sign-On (SSO)?
Yes. KPMG Risk Hub is available with Single Sign-On and includes Multi Factor Authentication (MFA).
Do I need technical resources in-house to support KPMG Risk Hub?
No, KPMG professionals implement, operate, and maintain KPMG Risk Hub for you. We handle all your everyday KPMG Risk Hub technical support.
Can the solution integrate with other systems’ Application Programming Interfaces (APIs)?
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.
How customisable is the solution?
KPMG Risk Hub emphasizes best practices for optimal performance and reliability. We continuously integrate the latest updates and industry recommendations. While additional bespoke customizations are considered through a structured process, they may incur additional costs depending on their complexity. This ensures your GRC solution remains cutting-edge and aligned with your specific needs.
KPMG Risk Hub has intentionally been enabled with flexibility to align to your risk frameworks and policies.
Is the system continuously enhanced and kept up to date?
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.
Does the solution have AI embedded?
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.
*In October 2024, KPMG was the first organization globally to achieve ISO 42001 (AI) certification by BSI, a new international standard that specifies requirements for establishing, implementing, maintaining, and continually improving an Artificial Intelligence Management System (AIMS) within organizations.
Can the solution be accessed via mobile devices on Windows, Android, and iOS operating systems? Also, what browsers are supported?
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.
