Johnson Electric, a micromotors, motion sub-systems, human machine interfaces and infrastructure control systems company, has selected Thomson Reuters Governance, Risk and Compliance (GRC) to provide risk and audit management software.
Thomson Reuters Accelus was launched globally in April this year, and provides GRC solutions to a broad range of regulated industries. Johnson Electric, which is based in Hong Kong and reported 2010 sales of US$2.1bn, is the latest to adopt the Thomson Reuters Accelus suite of risk management and compliance tools to manage its internal audit, governance and risk function.
Sem Hountondji, the head of internal audit at Johnson Electric, said proper risk and audit management can establish a competitive advantage over its rivals. “This is not just a matter of making superior products. We need to ensure all our systems and processes are able to handle the demands of a changing business landscape. Compliance and accountability in the audit stage is vital. Accelus gives us the flexibility and the tools to ensure our audit function satisfies the rules across the company.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more