The Challenge

LPMA's main requirement was to implement a GRC solution that would provide a clear and centralized view of its compliance posture, as well as a robust framework for risk management. The platform had to be agile, catering to the nuances of its various business units and functions. LPMA has multiple business units, and the organization was keen to launch a streamlined and efficient GRC program. A key focus for LPMA was operationalizing manual processes and leveraging automation for efficiency.

The Solution

Referred by a sister company, LPMA selected 6clicks, based on the comprehensive GRC functionality available in the platform and value already realized by the referring organization. 6clicks' platform streamlines and integrates LPMA's risk, compliance & governance processes for third party risk/vendor management, cyber, IT and security.  

6clicks Hub & Spoke architecture helps manage governance and risk across various operating entities, business functions and subsidiaries for a single GRC view of its enterprise risk posture, providing an aggregate view of risks for reporting. 

The Results

In implementing 6clicks, LPMA will benefit from an integrated risk management program and operational efficiency. Further, the Hub & Spoke architecture helps manage governance and risk across different business functions and subsidiaries for a single GRC view. This will provide a clear and centralized view of LPMA's compliance posture and a robust framework for risk management, while also accommodating the nuances of its various business operations in a flexible manner.