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Cura Software Nominated for IRMSA 2017

Cura Software Solutions is proud to announce that they have been nominated in the category of Industry-Specific Risk Initiatives for the Institute for Risk Management South Africa (IRMSA) Awards to be held on 3 November 2017. Cura Software has been a trusted partner to numerous organisations both locally and globally in developing integrated management strategies for Governance, Risk and Compliance.

This nomination is centered around the GRC, ERM and Project Risk Management Solution developed for one of South Africa’s largest telecommunications companies when the need arose for a new strategy that would not only prevent crises, but also enable the identification of new opportunities. This organisation had recently introduced an Enterprise Risk Management strategy in which risk champions were appointed, working groups set up and risk management committees organised, and required top class software to underpin it.

The tailored solution Cura Software developed replaced a previous software solution that had been in place for two years. This solution is characterised by two vastly different methodologies:

  • Enterprise Risk Management.
  • Product Risk Management.

This innovative solution ensures that the capturing and assessment of risks on a daily basis is efficient and effective and that the reports generated provide valuable, insightful information to the Board. The solution allows for consistency and monitoring of all risks within one consolidated solution. This translates into providing provide valuable, insightful information to the Board and senior management, therefore providing the relevant guidance necessary in order to aid a large telecommunications company in managing their risk effectively. The implementation of this solution enables the organisation to achieve its business objectives with regard to customers, growth, operations, people and reputation.

About the IRMSA Awards

Once a year, IRMSA recognises individuals and organisations who are doing exceptional work within the Risk Management space. The Annual Gala Dinner and Awards Ceremony celebrates and rewards South Africa’s top risk management professionals who make a significant contribution and the best risk management initiatives within different industries. This year’s gala dinner and awards ceremony will take place on Friday, 3 November 2017 at Gallagher Convention Centre.

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