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Telecommunications companies today face an ever increasing burden of managing risks and complying with myriad regulations. Specific business challenges include:

  • Managing capital allocation and expenses to contain cost
  • Increased competition through industry consolidation
  • Rapid convergence of services and devices
  • Increased regulatory and compliance pressures
  • Greater need for effective internal processes and systems
  • Privacy and security issues created by new platforms and applications (i.e. mobile banking)
It is in this environment that Chief Risk Officers and Chief Compliance Officers, together with telco executives, need to operate effectively, efficiently and with a greater degree of transparency. Specifically, the risk and compliance functions require solutions that:
  • Ensure compliance with myriad regulations across multiple geographies within cost and time constraints
  • Provide a complete and accurate enterprise view into risk
  • Create a single, integrated view of risk and compliance across the organization
  • Link risks to root causes, events, hazards and other elements of governance, risk and compliance
  • Contain internal fraud
  • Manage project risk and govern investments

Cura Software’s suite of Governance, Risk and Compliance Management solutions was developed to help telecommunications organizations make their risk and compliance initiatives more effective and efficient. With a host of satisfied customers including Vodafone plc, Vodacom, MTN and more. Cura Software is the undisputed leader in risk and compliance for the telecommunications industry.

Specifically, Cura Software enables telecommunications companies to:

  • Implement Enterprise Risk Management best practices through a flexible, easy-to-use information system that allows organizations to identify, analyze, evaluate and treat both risks and opportunities in order to protect the corporate brand, create value for shareholders, owners, employees, customers and regulators. Learn More…
  • Create a single, integrated system of record for all risk and compliance related information. Learn More…
  • Provide real-time visibility into the state of risk and compliance management to all levels of the organization with interactive dashboards and reports Learn More…
  • Whistleblowing and Case Management complete with third-party integration and advanced scenario analysis, assist in better governed organizations with documented investigations and audits.
  • Audit Management allows efficient consolidation of disparate audit requirements and results. Learn More…

To learn more about Cura Software and our GRC solutions for the Telecommunications industry, visit the links below or click here to schedule a live Cura Software demonstration.

 

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