Business Propulsion Systems Inc.Business Propulsion Systems Inc. (BPS (Bits Per Second) The measurement of the speed of data transfer in a communications system. 1. BPS - Basic Programming Support 2. bps - bits per second ), a provider of enterprise 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. ) solutions, has launched what it calls its next generation Operational Risk Module, an addition to its newly released BPS Server 5.1 governance, risk and compliance platform. A key component of the Server 5.1 suite, the Operational Risk represents a significant new advantage for financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. companies pursuing leadership and convergence in risk management. Highly customizable, the module supports loss event processing and tracking, collaborative risk/control self-assessment framework and Key Risk Indicator A Key Risk Indicator, also known as a KRI, is a measure used in management to indicate how risky an activity is. It differs from a Key Performance Indicator (KPI) in that the latter is meant as a measure of how well something is being done while the former is an indicator of the (KRI KRI Knight Ridder KRI Kundalini Research Institute KRI Key Risk Indicator KRI Khlopin Radium Institute (Russia) KRI Kapal Republik Indonesia (Republic of Indonesia Ship) KRI Knowledge Research Institute, Inc. ) management. Toronto-based BPS also offers advances in the area of self-assessment planning, design and execution, the company says. Key capabilities include tracking and documenting the review process, peer collaboration, issues and action plan management and configurable and ad hoc For this purpose. Meaning "to this" in Latin, it refers to dealing with special situations as they occur rather than functions that are repeated on a regular basis. See ad hoc query and ad hoc mode. reporting. BPS has also included new capabilities supporting the design and reporting of key risk indicators (KRIs), giving enterprises "unprecedented visibility" into the relationship between risk and activity. Users can track thresholds, sources and triggers and can cross-reference KRIs to the various risks, controls, processes, projects, issues and documents across various functions and departments. All features incorporate BPS' configurable attributes, rules and workflow, and plug directly into BPS Server's dynamic risk hierarchy modeling facility. Web: www.bpsserver.com. |
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