Regulations, risk types and standards continue to evolve and rapidly change. Are you prepared? 

In today’s digital landscape, with emergence of sophisticated frauds and complex regulatory requirements, organizations are required to establish formal, end-to-end risk and compliance management processes. This means progressing from ‘standard’ risk and compliance approaches to an advanced, holistic approach that embodies a risk-informed outlook and a dynamic culture. 

Orion’s risk and compliance management practice allows organizations to identify, resolve, monitor and manage risk on an ongoing basis in order to support management, operational and governance objectives. 

Risk Management, Governance / Tracking & Reporting 

Eliminate silos, standardize processes and improve collaboration to build a transparent, resilient organization. 

Orion’s Governance & Risk Management (GRC) platform enables enterprises to integrate governance, policy management, risk management and compliance management into one single platform. Built with an all-encompassing approach, the solution has a Centralized Risk Framework (CRF) and Risk Control Self-Assessment (RCSA) capabilities. The CRF documents all risks faced by an organization while the RCSA identifies risk and houses ongoing assessments based on a flexible rating mechanism, making enforcement an easy task when it comes to managing, communicating and implementing polices across an enterprise. 

The solution also has the ability to track risk profiles, control ownership, house assessment plans and monitor remediation status globally-accessible charts that are updated with real-time information.  

Consistent Process Control 

Enables control processes across the enterprise, therefore eliminating deviations, errors and redundant activities 

Streamlined Change Control 

Integrated document management and change control capabilities keep documentation and processes aligned with one another 

Lowered risk exposure 

Complete visibility into the control management and compliance process ensures that high-priority issues are identified 

Better resource utilization 

Streamlined, automated control management guarantees that process owners take accountability as tasks migrate down management levels 

Infrastructure Audit 

Identify, analyze and remediate gaps in your IT infrastructure to identify risks and threats before they develop further 

Technology is the backbone of every business today, but it often creates a double-edged sword in that, while technology development is advantageous, it presents even more challenges for companies. Orion’s infrastructure audit services provide you with the visibility and direction to safeguard your valuable data and IT assets. 

We conduct a risk assessment, audit and review of your IT landscape to investigate the prevailing gaps and their impact on your business. Orion’s audit includes, but is not limited to, an assessment of your deployed hardware, software, connectivity, power, security and end-user usability. The audit report details and maps your existing IT systems with key recommendations to ensure that your business adopts the best infrastructure and security practices available. By validating your areas of strength and IT practices, the audit effectively prioritizes your technology investments and suggests improvements for achieving a better ROI. 

IT Compliance Audit 

Meet your compliance requirements proactively and make strategic decisions. 

IT systems are deeply embedded in most business transactions: whether it’s a bank or a healthcare organization, companies must assess their internal controls over IT systems in accordance with specific laws or regulatory frameworks, such as Sarbanes-Oxley (SOX), HIPAA, FDA, COBIT, ISO 27001, NIST or ITIL in prescribed formats. Non-compliance can lead to serious consequences, so it’s imperative that organizations follow regulatory compliance audit guidelines. 

Orion reviews your IT compliances in accordance with the prescribed guidelines to help execute the required processes and systems for effective regulatory compliance. By conducting a health check of your existing IT environment, our audit professionals can then benchmark, rationalize and evaluate controls around relevant application systems and related IT infrastructure. They also gauge opportunities for optimization, standardization and consolidation of your processes and systems to enforce proactive management around technology compliance risks.