Grand

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Grand is an AI-powered GRC software solution that automates compliance processes for financial institutions.
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Grand

Product Information

Updated:Nov 12, 2024

What is Grand

Grand is a governance, risk, and compliance (GRC) software platform designed specifically for financial institutions. It leverages artificial intelligence to streamline and automate regulatory compliance workflows. Grand offers a suite of integrated products to manage various aspects of compliance, including policy management, regulatory news monitoring, compliance management, and outsourcing management. The platform aims to help banks, insurance companies, investment firms, and crypto companies efficiently adhere to complex and evolving financial regulations with minimal manual effort.

Key Features of Grand

Grand is an AI-powered GRC (Governance, Risk, and Compliance) software solution designed for financial institutions. It offers automated compliance management, policy management, regulatory news monitoring, and outsourcing management. The platform uses AI to streamline compliance processes, reduce risks, and help organizations stay up-to-date with regulatory changes efficiently.
AI Regulatory Helper: Uses artificial intelligence to assist with regulatory compliance tasks and provide guidance.
Compliance Management Software: Centralizes and automates compliance workflows and processes.
Policies Management: Helps create, manage and update organizational policies in line with regulatory requirements.
Regulatory News Monitoring: Tracks and analyzes regulatory updates and news relevant to the organization.
Third Party Risk Management: Manages risks associated with outsourcing and third-party relationships.

Use Cases of Grand

Banks Compliance: Helps banks automate and streamline their compliance processes across multiple regulations.
Insurance Company Risk Management: Assists insurance companies in managing regulatory risks and staying compliant with industry-specific regulations.
Investment Firm Regulatory Reporting: Supports investment firms in meeting their regulatory reporting obligations efficiently.
Crypto Company Compliance: Helps cryptocurrency companies navigate the evolving regulatory landscape and ensure compliance.

Pros

AI-powered automation reduces manual compliance work
Integrated solution covering multiple aspects of GRC
Helps stay up-to-date with regulatory changes

Cons

May require significant setup and customization
Potential over-reliance on AI for compliance decisions

How to Use Grand

Book a demo: Visit the Grand website and click on 'Book a Demo' to schedule a demonstration of the GRC software solution.
Customize your solution: Work with the Grand team to customize the automated compliance solution for your specific needs and regulatory requirements.
Implement policies management: Use the Policies Management feature to create, manage and automate compliance policies and procedures.
Set up regulatory news monitoring: Configure the regulatory news monitoring tool to stay updated on relevant compliance changes and updates.
Manage regulatory compliance: Utilize the Regulatory Compliance Management feature to track and manage your compliance obligations.
Oversee outsourcing: Implement the Outsourcing Regulatory Management tool to manage third-party and vendor compliance risks.
Leverage AI assistance: Make use of AI-powered features like Grand Answer and Grand Assistant to streamline compliance workflows and get automated guidance.
Generate reports: Use the reporting capabilities to generate compliance reports and track your GRC performance.

Grand FAQs

Grand is an AI-powered GRC (Governance, Risk, and Compliance) software solution designed to automate and streamline compliance processes for financial institutions.

Official Posts

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Analytics of Grand Website

Grand Traffic & Rankings
6K
Monthly Visits
#3440904
Global Rank
-
Category Rank
Traffic Trends: May 2024-Nov 2024
Grand User Insights
00:01:09
Avg. Visit Duration
1.89
Pages Per Visit
42.2%
User Bounce Rate
Top Regions of Grand

  1. US: 28.26%

  2. PK: 17.88%

  3. GB: 17.04%

  4. IN: 14.95%

  5. DE: 12.52%

  6. Others: 9.34%