More organisations need to move away from the fragmented approach to structuring their operations to a more holistic framework that can monitor compliance and enforce rules and procedures.

This was highlighted at the launch of the SentryGRC platform powered by The Nigerian Stock Exchange on Tuesday.

SentryGRC is a platform that automates back-office functions like Governance, Risk Management and Compliance.

It enables organisations to pursue a systematic and organised approach to managing GRC-related strategy and implementation, thereby creating an enabling environment for increasing efficiency and effectiveness alongside reducing costs.

The platform was launched at the Digital Transformation of Governance, Risk Management and Compliance Functions webinar and commemorated with a digital Closing Gong ceremony.

At the webinar, the Chief Executive Officer, NSE, Mr. Oscar N. Onyema, explained that the Nigerian Stock Exchange would continue to position itself, not only to be a credible platform for raising capital, but to be a hub for innovative and creative ideas.

He said, “We are, therefore, pleased to introduce SentryGRC to the market. We recognize the need to build the required infrastructure for players in the Nigerian capital market, and we see the SentryGRC platform as a step in the right direction to help businesses achieve their strategic objectives, address uncertainties and act with integrity.”

One of the panelists at the webinar, the Executive Director, Regulation Division, NSE, Ms. Tinuade Awe said, “The SentryGRC promotes agility & digitization in Governance, Risk Management & Compliance areas of business. Institutions must recognize the need to adapt procedures & standards to what is relevant even as we transition to this new normal.

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