After having equipped itself with the GRC platform to make the Internal Control System more effective and efficient, Sparkasse decided to activate the “Online document” module fully integrated with the ARCM functionalities in order to meet the advanced reporting needs expressed by the Control Functions operating on the system.
In fact, the module in question has enabled the various Control Functions to automatically produce all reports, summary or analytical, with the evidence and data of the specific activities carried out within the platform by each actor, optimizing the process of reporting to the Bank’s internal bodies and the Supervisory Board.
Sparkasse today is one of the most important independent savings banks in Italy. Since 1992, the Bank has been a joint stock company and has more than 26,000 members, who constitute the primary capital of the Savings Bank.
It is present mainly in the Triveneto region with just over 100 branches.
Goals achieved
- Autonomy in the creation of templates for reporting
- Portfolio of Function templates
- Automatic production of reports with data recorded in the system
- Workflow for review and approval of reports produced
- Document repository
- Historicization and versioning of reports
Functions engaged
- Internal Audit
- Risk Management
- Compliance
- Organization
- Information Technology
Technology solution implemented
GOVERNANCE RISK & COMPLIANCE
ARIS RISK & COMPLIANCE MANAGEMENT
