Predictions 2015: The Governance, Risk, And Compliance Market Is Ready For Disruption

When we take a look back at the past 12 months and consider the number of corporate failings that occurred — including massive product recalls such as that from GM and regulatory fines well over $10 billion such as those from JPMorgan Chase and Bank of America — it's easy to think things won't get much worse in 2015. Right? Wrong. Forrester predicts an even more challenging risk and compliance business environment in 2015 with even greater corporate blunders, stricter regulatory enforcement, and executives who will continue to fail to address their most important customer-facing risks. Coupled with this, the governance, risk, and compliance (GRC) technology market is ripe for disruption, which will have implications for how you select and implement GRC platforms and take advantage of services to monitor public risk and compliance data. In this report, we make bold predictions for GRC in 2015, and offer practical advice for what you can start doing now to best position you and your organization to succeed over the next year.