The 2013 GRC Technology Innovator awards was filled with competition. The number of submissions more than doubled over 2012. With 57 submissions there were only twelve slots for winners. GRC 20/20 looked through all of the submissions, asked for clarification where needed, and selected the 12 recipients to receive this honor.
Number 4 is MEGA’s Holistic Operational Excellence platform (HOPEX) which showed technology innovation for delivering GRC Architecture.
MEGA’s Holistic Operational Excellence platform (HOPEX) integrates enterprise architecture (EA) capabilities with GRC capabilities into one platform. This enables an organization to manage a GRC program that delivers value, aligns with core business strategy and objectives, and drives operational performance and process execution. The HOPEX platform empowers organizations to gather and understand enterprise strategy, capabilities, business processes, organizational structure and assets, including IT assets, risks, and controls. GRC programs and initiatives can now include modeling capabilities, on top of which assessment and governance capabilities can be used by a large number of employees in the organization to assess and monitor business performance. By leveraging EA and GRC capabilities on the same platform, GRC Architects can utilize architecture capabilities to understand how their organization works and plan transformations, with execution capabilities to get the transformation implemented and assessed, in a continuous improvement approach. This fosters the alignment with strategies, business processes, information systems and corporate objectives. GRC professionals will then have a clear, detailed vision into the business and the direct results of managing, testing, and monitoring can be shared to improve the organization.