BPS Links Issues & Action Tracking & Six Sigma at GARP's 9th Annual Risk Management Convention & Exhibition.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- BPS, Inc., a leading provider of governance, risk and compliance (GRC GRC Greece (ISO Country code) GRC Glenn Research Center (NASA) GRC Governance, Risk and Compliance GRC Gendarmerie Royale du Canada (RCMP - Canada) GRC John H. ) software solutions, today announced that Mark Opausky, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BPS, addressed the operational risk management community at the Global Association of Risk Professionals (GARP (General Attributes Registration Protocol) A standard for registering a client station into a multicast domain. See 802.1p. GARP - A graphical language for concurrent programming. ["Visual Concurrent Programmint in GARP", S.K. ) annual event held on February 26-27 in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . With many of the world's leading operational risk professionals in attendance, Opausky presented "Issues and Action Tracking - A Practical Point of Convergence in GRC," which explored the uses of GRC software implementation to drive cultural change and add value to an organization's risk management program. One key concept of the presentation linked a centralized Issues and Action Tracking (IAT IAT Intelligent Agent Technology IAT International Conference on Intelligent Agent Technology (Joint IEEE, WIC, and ACM conference) IAT Implicit Association Test IAT Intake Air Temperature IAT Import Address Table ) system and control cost reduction within the organization's GRC function. "In addition to linking together the Audit, Compliance and OpRisk functions within an organization," said Opausky, "an effective IAT system can serve as a powerful way to identify and track cost optimization for operations using six sigma and other lean process change management strategies." About BPS BPS is a leading provider of governance, risk and compliance software solutions to the world's top organizations. The groundbreaking BPS Platform[TM] drives continuous improvement for global risk management by combining powerful planning, collaboration and workflow concepts with innovative organizational modeling technology to unite the GRC processes. For more information about BPS or to obtain a copy of Mark Opausky's presentation, please contact BPS directly or visit us at www.bpsinc.com. |
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